OPP Open WiFi is a community driven project focused on enabling access to internet from any locations. The platform will make high speed, secure and free internet a reality for users who previously could not afford to pay for internet services. It allows users to purchase internet services from another user at cheaper or zero costs. Users are able to buy and sell extra bandwidth on the OPP network.
Fulfilling a dream of a world without borders
The average monthly internet costs of an American family stands at $66.17. It costs a whopping $961.22 each month to access internet services in Burkina Faso. 97 percent of the country’s population does not have internet access as a result of high internet costs. An astounding 80 percent of all smartphone users do not exhaust their monthly bandwidth. Telecom companies charge for the complete bandwidth and hence the user is at a loss.
The platform will reward hosts who provide WiFi hotspots with OPP digital tokens. The OPP digital token is an ERC 20 token and the native currency of the platform. Profits arising from business operations will be shared with OPP token holders.
ICO details and project financials
The pre ICO sale lasted between July 01, 2018 and September 14, 2018 and investors received up to 35 percent bonus. The ICO sale ends on November 11, 2018. 142,000,000 OPP tokens will be available for sale to retail investors. The price of 1 OPP token is 0.00059 ETH during the public sale and investors need to invest a minimum of $300. Payments will be accepted in BTC, ETH and fiat currencies. The project has a soft cap of $4 million and an hard cap of $40 million.
Aiming to make internet for all a reality
Founder and CEO Martin Regan leads a diverse and experienced team. Mr. Phillip Legg is the Head of Technology and Security while Leo Antipov serves as the B2B Sales Director. Users need to connect a WiFi hotspot device provided by the OPP team and connect it to their router at home or office. Users can also simply download the OPP Open WiFi application. The application will create a public WiFi hotspot profile of the user after completing authentication.
The host user has complete access and control over the amount of data and bandwidth he wishes to make available over the public network. Users can then connect to a nearby OPP Open WiFi hotspot and start accessing internet. Host users will be eligible for daily payments. Jared Polites, Jorge Rodriguez, T Aravinda Babu and Nithin Reddy are advisors of the project.
The project began in July 2018 with the establishment and development of the OPP Open WiFi smart contract. Later the development and beta testing of the smartphone application began in August 2018. The same month developers also began working on the dashboard of the application and also contacting probable advertisers.
Over the coming months the team will complete the public launch of the application and also dispatch routers. A hotspot referral program will be undertaken to reward early users and also encourage more hosts. By the first quarter of 2019 the company aims to continue its impressive growth and keep adding more hosts to the network.
Making internet for all a reality
The OPP Open WiFi is an initiative that aims to bring internet services to those who previously could not afford it. The project uses bandwidth of hosts who have signed up and share their data connection. The hosts are rewarded in OPP digital tokens. These ERC 20 standard tokens are currently being sold by the team through an ICO. The public sale ends on November 11, 2018.