WiFi Map To Launch $WIFI On March 30 In Partnership With TrustSwap

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WiFi Map, a lead­ing inter­net con­nec­tiv­i­ty tool with over 3 mil­lion month­ly active users, is launch­ing the $WIFI util­i­ty token on March 30, 2023 in part­ner­ship with the TrustSwap DeFi ecosystem.

WiFi Map is a glob­al decen­tral­ized con­nec­tiv­i­ty tool with over 10 mil­lion free pub­lic WiFi hotspots, all of which were added by its com­mu­ni­ty. The com­pa­ny recent­ly announced a move to Web3 and is set to launch its $WIFI util­i­ty token on March 30 this year, in part­ner­ship with the TrustSwap mul­ti-chain DeFi plat­form and launch­pad. The token marks a land­mark event in

the emerg­ing DeWi (decen­tral­ized wire­less) space and will have sev­er­al use cas­es, allow­ing users to access con­nec­tiv­i­ty ser­vices in the app at a dis­count and serv­ing as a reward for con­tri­bu­tions to grow­ing the platform.

WiFi Map has joined the TrustSwap Incu­ba­tor pro­gramme, which was launched in 2021 and serves as an accel­er­a­tor for inno­v­a­tive and emerg­ing blockchain star­tups, offer­ing sup­port in areas such as toke­nomics, busi­ness devel­op­ment, net­work­ing and coun­sel, and cre­ative direction. 

Denis Skl­yarov, CEO of WiFi Map: “Part­ner­ing with TrustSwap under­lines the strong toke­nomics we have built at WiFi Map and solid­i­fies our cre­den­tials as we tran­si­tion from a lead­ing Web 2.0 app to a dis­rup­tor in the world of decen­tral­ized wire­less. We are look­ing for­ward to nur­tur­ing a mutu­al­ly ben­e­fi­cial strate­gic part­ner­ship that will strength­en TrustSwap’s mar­ket posi­tion and bring WiFi Map to a broad­er Web3 audience.”

The $WIFI token will be issued as a reward for adding new hotspots to the plat­form and can be redeemed for mobile inter­net data, VPN pro­tec­tion and oth­er con­nec­tiv­i­ty ser­vices with­in the app, as well as pre­mi­um features. 

Jeff Kird­eikis, CEO of TrustSwap: “We want to show peo­ple that the blockchain is the future, and this means cap­tur­ing suc­cess­ful Web 2.0 plat­forms with mas­sive poten­tial. It’s a win-win for us, because we’re show­ing peo­ple how to look for alpha out­side of the usu­al cryp­to projects and bring­ing the indus­try clos­er to mass adop­tion by con­vert­ing a size­able exist­ing user base to Web3.”

About WiFi Map

WiFi Map is a world-lead­ing plat­form for locat­ing and con­nect­ing to WiFi hotspots. Found­ed in 2014, the app has been down­loaded by over 150 mil­lion peo­ple and helped them get online more than 1 bil­lion times. Dri­ven by a belief in the pow­er of com­mu­ni­ty and a con­vic­tion that the inter­net is a fun­da­men­tal human right, WiFi Map announced a shift to Web3 in 2022. 

The new $WIFI token is set to become avail­able as a means of pay­ment for all ser­vices offered with­in the app, includ­ing eSIM and VPN pack­ages, offline maps and the ad-free pro ver­sion of WiFi Map.

Web­site | Twit­ter | Dis­cord | Telegram

About TrustSwap

TrustSwap is a mul­ti-chain DeFi ecosys­tem pro­vid­ing ser­vices to both cor­po­rate and retail cus­tomers. With over USD 4.5 bil­lion secured across 23,000 projects on nine blockchains, TrustSwap is a foun­da­tion­al pil­lar in cryp­to secu­ri­ty. TrustSwap’s The Cryp­to App has over four mil­lion down­loads, mak­ing it one of the most fre­quent­ed cryp­to appli­ca­tions glob­al­ly. The Launch­pad offered by TrustSwap has secure­ly launched over 40 projects.

TrustSwap’s prod­ucts and ser­vices pro­vide solu­tions to prob­lems relat­ed to token & liq­uid­i­ty lock­ing, token mint­ing, escrow, and vest­ing. In addi­tion, it also pro­vides solu­tions for cryp­tocur­ren­cy asset dis­tri­b­u­tion, stak­ing and track­ing, NFT ser­vices, and fundraising.

Web­site | Twit­ter

Disclaimer

All the infor­ma­tion con­tained on our web­site is pub­lished in good faith and for gen­er­al infor­ma­tion pur­pos­es only. Any action the read­er takes upon the infor­ma­tion found on our web­site is strict­ly at their own risk.



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