internet Archive

Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network

Press Release: Web3 telecommunications startup Wayru.io is launching its decentralized Internet hotspot network & Genesis hardware devices to usher in a new era of connectivity. 

 

9th August 2022, Miami – The Wayru ecosystem enables anyone to buy its Hotspot Pool Tokens to support the network, or become an even more integral part of the Wayru infrastructure by owning one of the first 1,000 Genesis hardware devices. 

 

The Lack of Connectivity

In 2011 the United Nations released a report declaring that internet access was a human right, citing it as a key means by which individuals can exercise their right to freedom and expression. Despite this seemingly huge step forwards to a more connected world occurring over 10 years ago, only 35% of people in underdeveloped nations have access to the internet.

 

This lack of connectivity in developing nations, largely due to the inaction of a few established telecommunication companies, has opened the door to new innovators like Wayru to pioneer its unique, blockchain-backed solution, and address the long-standing issue. 

 

What is Wayru?

Backed by Borderless, the Algorand Foundation & other Industry investors, Wayru is an emerging Web3 telecommunications startup that has developed a radical new globally-compatible Hotspot network and a hardware device (known as Genesis) for individuals to share their internet connection in exchange for cryptocurrency.

 

The Wayru sharing economy model provides the basic framework for communities, entrepreneurs, and small businesses to build, own & operate Internet networks independently. The network will focus heavily on eliminating the significant operational costs plagued by centralized internet networks. Wayru handles telecommunications, processing, and other transactions on the network using Algorand’s Blockchain.

 

Wayru Founder and CEO Charvel Chedraui stated that: 

 

“The Internet has changed the world more than anything else in history, and providing access to everyone in the world can bring collective changes so massive that are very hard to predict. A decentralized version of how Internet access is distributed today would allow people to achieve digital freedom, economic independence, and community development.”

 

Wayru to Deploy Hotspot Pools

Wayru Hotspot pools are a hybrid network of Hotspots with cutting-edge radio fiber-quality mesh technologies. Starting at first in the heavily populated but under-connected Latin American cities of Quito and Guayaquil, Wayru will deploy Hotspot Pools across businesses, homes, and public areas for millions of people to use. 

 

With no setup cost and a free first month of service for early adopters, the Hotspot pools are the easiest way for individuals to invest in the infrastructure and start earning the platform’s native $WRU token. 

 

 Each pool contains a minimum of 1,000 Hotspots. The pools are tokenized for anyone to invest in by buying Pool Tokens, and the number of ‘pool tokens’ in each pool varies with the pool’s location and the number of Hotspots within it. All rewards are equally distributed among holders, so the more tokens you hold the more rewards you earn.

 

Pool Token Rewards 

For every $100 in revenue generated from using the Network, roughly $40 keeps the Network running, leaving a $60 reward. This is split between Wayru and Pool Token Holders, with Holders receiving exactly two-thirds and Wayru one-third. The first batch will have 10,000 Pool tokens available priced at $50 USD per token. Pool tokens can be bought using WRU, ALGO, USDC, or USD 

 

Genesis Device

The Wayru Genesis device acts as a WiFi hub that lets people share their internet connection for crypto rewards. The devices will go on sale today, Tuesday, August 9th, and are expected to ship in late Q3 2022. The first round of devices will also come with an early-bird reward of between $50.00 and $100.00 worth of WRU, so there is no better time to get in on the ground floor and be a part of the next big revolution of global connectivity.

 

WRU Token 

The $WRU token is a proprietary token running on Algorands blockchain. The full max supply of 10 Billion tokens will be minted as genesis but locked to the network until network usable commences. The token will be distributed as rewards for Hotspot pool token owners, Hotspot operators, and stakers, for their contribution to the network. Just 1% (100 million) of the token supply will be released at the public sale which will take place sometime early 2023, with the remainder dispersed over years as rewards. 

 

The Wayru revolution will kick off on Tuesday the 9th of August with a presale that will offer the first 1,000 Genesis hardware devices and Hotspot Pool tokens to the world. With two very enterprising options available, and a huge gap in the market, the Wayru presale offers a great opportunity for anyone to be a part of the new era of global connectivity. 

 

Media Contact

Contact Name: Charvel Chedraui

Contact Email: charvel@wayru.org 

 

Wayru Socials

Presale | Twitter | Discord

 

Wayru.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

The post Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network appeared first on Bitcoin PR Buzz.

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Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network

Press Release: Web3 telecommunications startup Wayru.io is launching its decentralized Internet hotspot network & Genesis hardware devices to usher in a new era of connectivity. 

 

9th August 2022, Miami – The Wayru ecosystem enables anyone to buy its Hotspot Pool Tokens to support the network, or become an even more integral part of the Wayru infrastructure by owning one of the first 1,000 Genesis hardware devices. 

 

The Lack of Connectivity

In 2011 the United Nations released a report declaring that internet access was a human right, citing it as a key means by which individuals can exercise their right to freedom and expression. Despite this seemingly huge step forwards to a more connected world occurring over 10 years ago, only 35% of people in underdeveloped nations have access to the internet.

 

This lack of connectivity in developing nations, largely due to the inaction of a few established telecommunication companies, has opened the door to new innovators like Wayru to pioneer its unique, blockchain-backed solution, and address the long-standing issue. 

 

What is Wayru?

Backed by Borderless, the Algorand Foundation & other Industry investors, Wayru is an emerging Web3 telecommunications startup that has developed a radical new globally-compatible Hotspot network and a hardware device (known as Genesis) for individuals to share their internet connection in exchange for cryptocurrency.

 

The Wayru sharing economy model provides the basic framework for communities, entrepreneurs, and small businesses to build, own & operate Internet networks independently. The network will focus heavily on eliminating the significant operational costs plagued by centralized internet networks. Wayru handles telecommunications, processing, and other transactions on the network using Algorand’s Blockchain.

 

Wayru Founder and CEO Charvel Chedraui stated that: 

 

“The Internet has changed the world more than anything else in history, and providing access to everyone in the world can bring collective changes so massive that are very hard to predict. A decentralized version of how Internet access is distributed today would allow people to achieve digital freedom, economic independence, and community development.”

 

Wayru to Deploy Hotspot Pools

Wayru Hotspot pools are a hybrid network of Hotspots with cutting-edge radio fiber-quality mesh technologies. Starting at first in the heavily populated but under-connected Latin American cities of Quito and Guayaquil, Wayru will deploy Hotspot Pools across businesses, homes, and public areas for millions of people to use. 

 

With no setup cost and a free first month of service for early adopters, the Hotspot pools are the easiest way for individuals to invest in the infrastructure and start earning the platform’s native $WRU token. 

 

 Each pool contains a minimum of 1,000 Hotspots. The pools are tokenized for anyone to invest in by buying Pool Tokens, and the number of ‘pool tokens’ in each pool varies with the pool’s location and the number of Hotspots within it. All rewards are equally distributed among holders, so the more tokens you hold the more rewards you earn.

 

Pool Token Rewards 

For every $100 in revenue generated from using the Network, roughly $40 keeps the Network running, leaving a $60 reward. This is split between Wayru and Pool Token Holders, with Holders receiving exactly two-thirds and Wayru one-third. The first batch will have 10,000 Pool tokens available priced at $50 USD per token. Pool tokens can be bought using WRU, ALGO, USDC, or USD 

 

Genesis Device

The Wayru Genesis device acts as a WiFi hub that lets people share their internet connection for crypto rewards. The devices will go on sale today, Tuesday, August 9th, and are expected to ship in late Q3 2022. The first round of devices will also come with an early-bird reward of between $50.00 and $100.00 worth of WRU, so there is no better time to get in on the ground floor and be a part of the next big revolution of global connectivity.

 

WRU Token 

The $WRU token is a proprietary token running on Algorands blockchain. The full max supply of 10 Billion tokens will be minted as genesis but locked to the network until network usable commences. The token will be distributed as rewards for Hotspot pool token owners, Hotspot operators, and stakers, for their contribution to the network. Just 1% (100 million) of the token supply will be released at the public sale which will take place sometime early 2023, with the remainder dispersed over years as rewards. 

 

The Wayru revolution will kick off on Tuesday the 9th of August with a presale that will offer the first 1,000 Genesis hardware devices and Hotspot Pool tokens to the world. With two very enterprising options available, and a huge gap in the market, the Wayru presale offers a great opportunity for anyone to be a part of the new era of global connectivity. 

 

Media Contact

Contact Name: Charvel Chedraui

Contact Email: charvel@wayru.org 

 

Wayru Socials

Presale | Twitter | Discord

 

Wayru.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

The post Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

photo_2021-04-29_14-47-29console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network

 

29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance Smart Chain (BSC), Ethereum, and Huobi’s ECO Chain. 

 

ThreeFold is set to integrate BSC in the next couple of weeks, with Ethereum and Huobi’s ECO Chain following shortly later on in Q2. These integrations will provide the ThreeFold ecosystem access to a wide array of DeFi applications. In turn, this will allow ThreeFold to be more accessible to the DeFi world and provide ThreeFold Farmers and users with more platforms to exchange TFT.

 

ThreeFold’s bold move comes while the wider cryptocurrency market is booming. The total value of all cryptocurrency-related or blockchain-based projects has surpassed $2.1 trillion in recent weeks, as market leaders, such as Bitcoin and Ethereum, set new all-time highs. Accordingly, interest in blockchain technology is soaring as the number of active projects in the space nears 9,000. 

 

Moreover, in an environment in which internet use for all aspects of life is soaring owing to COVID-19 restrictions, ThreeFold’s main value proposition  – a truly peer-to-peer internet platform – is gaining traction. ThreeFold sees the sustainability of internet services in the long run and its decentralization as inseparable.  

 

Democratizing the Internet 

 

But why is this needed? The internet today is hosted by a small group of well-resourced companies that are responsible for the maintenance of data centres which provide the server and storage space for the vast quantity of content on the internet. In addition, these same companies are finding a way to monopolize the network connections that allow data to flow around the globe. 

 

As a result, decisions made by these companies have the power to entirely change the landscape of the internet unilaterally, without contest. Given the fact that the internet is now integral to much of the world’s industry, as well as many ways of life, the disproportionate power that these companies wield makes them the de facto governors of the future of humanity’s development. 

 

Just as Satoshi Nakamoto envisioned the democratization of the financial system through decentralization, ThreeFold is on a similar quest to democratize the internet with a unique combination of autonomous and blockchain technology. The benefits would be clear. More internet users would benefit from a neutral peer-to-peer platform on which to store their data and run their applications privately and securely.. Moreover, decentralization removes the internet’s singular potential points of failure which could seriously disrupt the global Internet and Cloud industry. 

 

A Multichain Future

 

ThreeFold’s upcoming integration with BSC, Ethereum, and Huobi’s ECO Chain is a critical part of continuing to grow and cultivate the world’s largest peer-to-peer internet platform. Ethereum is the number one platform for decentralized applications (dApps) in the cryptocurrency and blockchain space as of today. 

 

Accordingly, ThreeFold’s platform will be put on the radar of the vast number of Ethereum users who could quite effortlessly become the much-needed nodes in its vision of a decentralized internet. Furthermore, there is a wealth of decentralized development expertise concentrated in the Ethereum-sphere, as well as in both Binance’s and Huobi’s blockchain ecosystems. In addition to improving compatibility with these platforms, ThreeFold will be able to tap into these development skills, inviting experienced dApp developers to build their applications on top of the ThreeFold Grid.

 

Comparatively, ThreeFold’s ambitious integration plans put it far ahead of similar projects in the decentralized internet space, which are traditionally Ethereum-based. However, with the increasing cost of Ethereum-based development and its slower than required scalability updates, ThreeFold’s peer-to-peer Internet will remain affordable, scalable, and simple for developers. 

 

About ThreeFold 

 

ThreeFold is developing a peer-to-peer internet platform that aims to liberalize what it labels as a centralized and unequally distributed internet. Its platform, called the ThreeFold Grid, comprises over +600 servers in 25+ different countries around the world, delivering approximately 80 PB in storage and over 16,000 CPU cores worldwide, making it the largest storage and compute peer-to-peer internet network in the world. See ThreeFold Grid’s statistics in more detail using their explorer here

 

Each server runs ThreeFold’s stateless and lightweight open-source operating system, Zero-OS, and is set up and operated by independent individuals and organizations called Farmers. Farmers earn rewards in TFT – the platform’s native token – for their participation. TFT is the currency of the ThreeFold Grid, with each token representing a unit of storage and compute on the platform. Grid users can use these tokens to reserve the storage and compute they need to store, build and share on the platform’s internet network.

 

ThreeFold’s ultimate vision is to be part of the movement to fully democratize the internet worldwide. 

 

To learn more about how ThreeFold plans to democratize the internet, visit their website here. For more information on TFT and how it fits into ThreeFold’s overall plans, see this page

 

Follow ThreeFold on Twitter: https://twitter.com/threefold_io 

Read ThreeFold’s documentation on Github: https://github.com/threefoldfoundation 

Like ThreeFold’s page on Facebook: https://www.facebook.com/threefold.io 

 

Media Contact Details 

Contact Name: Amazix Press Team 

Contact Email: press@amazix.com 

THREEFOLD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

photo_2021-04-29_14-47-29console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network

 

29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance Smart Chain (BSC), Ethereum, and Huobi’s ECO Chain. 

 

ThreeFold is set to integrate BSC in the next couple of weeks, with Ethereum and Huobi’s ECO Chain following shortly later on in Q2. These integrations will provide the ThreeFold ecosystem access to a wide array of DeFi applications. In turn, this will allow ThreeFold to be more accessible to the DeFi world and provide ThreeFold Farmers and users with more platforms to exchange TFT.

 

ThreeFold’s bold move comes while the wider cryptocurrency market is booming. The total value of all cryptocurrency-related or blockchain-based projects has surpassed $2.1 trillion in recent weeks, as market leaders, such as Bitcoin and Ethereum, set new all-time highs. Accordingly, interest in blockchain technology is soaring as the number of active projects in the space nears 9,000. 

 

Moreover, in an environment in which internet use for all aspects of life is soaring owing to COVID-19 restrictions, ThreeFold’s main value proposition  – a truly peer-to-peer internet platform – is gaining traction. ThreeFold sees the sustainability of internet services in the long run and its decentralization as inseparable.  

 

Democratizing the Internet 

 

But why is this needed? The internet today is hosted by a small group of well-resourced companies that are responsible for the maintenance of data centres which provide the server and storage space for the vast quantity of content on the internet. In addition, these same companies are finding a way to monopolize the network connections that allow data to flow around the globe. 

 

As a result, decisions made by these companies have the power to entirely change the landscape of the internet unilaterally, without contest. Given the fact that the internet is now integral to much of the world’s industry, as well as many ways of life, the disproportionate power that these companies wield makes them the de facto governors of the future of humanity’s development. 

 

Just as Satoshi Nakamoto envisioned the democratization of the financial system through decentralization, ThreeFold is on a similar quest to democratize the internet with a unique combination of autonomous and blockchain technology. The benefits would be clear. More internet users would benefit from a neutral peer-to-peer platform on which to store their data and run their applications privately and securely.. Moreover, decentralization removes the internet’s singular potential points of failure which could seriously disrupt the global Internet and Cloud industry. 

 

A Multichain Future

 

ThreeFold’s upcoming integration with BSC, Ethereum, and Huobi’s ECO Chain is a critical part of continuing to grow and cultivate the world’s largest peer-to-peer internet platform. Ethereum is the number one platform for decentralized applications (dApps) in the cryptocurrency and blockchain space as of today. 

 

Accordingly, ThreeFold’s platform will be put on the radar of the vast number of Ethereum users who could quite effortlessly become the much-needed nodes in its vision of a decentralized internet. Furthermore, there is a wealth of decentralized development expertise concentrated in the Ethereum-sphere, as well as in both Binance’s and Huobi’s blockchain ecosystems. In addition to improving compatibility with these platforms, ThreeFold will be able to tap into these development skills, inviting experienced dApp developers to build their applications on top of the ThreeFold Grid.

 

Comparatively, ThreeFold’s ambitious integration plans put it far ahead of similar projects in the decentralized internet space, which are traditionally Ethereum-based. However, with the increasing cost of Ethereum-based development and its slower than required scalability updates, ThreeFold’s peer-to-peer Internet will remain affordable, scalable, and simple for developers. 

 

About ThreeFold 

 

ThreeFold is developing a peer-to-peer internet platform that aims to liberalize what it labels as a centralized and unequally distributed internet. Its platform, called the ThreeFold Grid, comprises over +600 servers in 25+ different countries around the world, delivering approximately 80 PB in storage and over 16,000 CPU cores worldwide, making it the largest storage and compute peer-to-peer internet network in the world. See ThreeFold Grid’s statistics in more detail using their explorer here

 

Each server runs ThreeFold’s stateless and lightweight open-source operating system, Zero-OS, and is set up and operated by independent individuals and organizations called Farmers. Farmers earn rewards in TFT – the platform’s native token – for their participation. TFT is the currency of the ThreeFold Grid, with each token representing a unit of storage and compute on the platform. Grid users can use these tokens to reserve the storage and compute they need to store, build and share on the platform’s internet network.

 

ThreeFold’s ultimate vision is to be part of the movement to fully democratize the internet worldwide. 

 

To learn more about how ThreeFold plans to democratize the internet, visit their website here. For more information on TFT and how it fits into ThreeFold’s overall plans, see this page

 

Follow ThreeFold on Twitter: https://twitter.com/threefold_io 

Read ThreeFold’s documentation on Github: https://github.com/threefoldfoundation 

Like ThreeFold’s page on Facebook: https://www.facebook.com/threefold.io 

 

Media Contact Details 

Contact Name: Amazix Press Team 

Contact Email: press@amazix.com 

THREEFOLD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

The post Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed