Sat, 17 Nov 2018

IUNGO Token Sale

IUNGO Token Sale

Global Wireless Internet Provider

Review Project

There’s no question that blockchain technology is currently revolutionizing the way the internet is used and how it is integrated into a wide range of different industries. One new blockchain based startup, however, is aiming to change the way we connect to the internet itself, with the world’s first completely decentralized ISP.

The IUNGO network is a highly innovative new platform that aims to democratize how both individuals and organizations benefit from internet access by creating an open source solution that makes it possible for anybody to become an internet service provider.

IUNGO is currently about to launch an ICO in order to fund their ambitious project. In this article, we’ll take a look at both the IUNGO ICO and the platform itself in order to help you determine whether it’s worth investing in.

What is IUNGO?

IUNGO is a new blockchain platform that provides solutions for both users and businesses. Individual users of the IUNGO platform are able to access fast, secure, and reliable WIFI networks anywhere in the world at a reasonable price.

The individual user services offered by IUNGO offer high speed internet access at a fraction of the cost of roaming data charges, and make it possible to connect to wifi networks without frustrating forms, passwords, or time limits.

The user side of the IUNGO platform is made possible by the business side, which operates as an open source platform that allows small businesses, large corporations, or even governments to capitalize on their internet connections by sharing them with IUNGO users.

The IUNGO platform handles all marketing and branding for IUNGO internet service providers, and makes it possible to use plug & play systems that allow for instantaneous monetization of existing internet connections.

The IUNGO ICO

The IUNGO ICO offers interested investors the opportunity to purchase IUNGO Tokens, which will be used as a currency with which users will be able to pay for internet services on the platform. The IUNGO pre-ico is currently underway, and offers investors a 66.67% discount on the final token price.

The IUNGO pre-ICO sale has a hard cap of 1100 ETH, which is enforced by a smart contract. The funds collected in the pre-ICO period will be used for ICO marketing, legal consultation, and MVP finalization.

IUNGO tokens can currently be purchased with ETH, which is the blockchain network upon which the IUNGO network will operate. At the time of this report, the pre-sale price of IUNGO tokens is 90,000 IUNGO tokens to 1 ETH.

The IUNGO ICO will begin on the 27th of December 2017, and will operate on a base ICO price of 1 ETH to 30,000 IUNGO Tokens, or ING. The total supply of ING is limited to 10 billion, with 64% reserved in total for investors.

The Verdict

The IUNGO platform is one of the most promising ICOs to hit the market recently, and is uniquely poised to revolutionize the way in which travelers and internet users worldwide get online. If you’re interested in keeping abreast of the latest IUNGO ICO developments, it’s possible to sign up for email updates via the IUNGO website.

Token Sale

Crowdsale Opening Date

07-12-2017

345 days ago

Crowdsale Closing Date

31-01-2018

290 days ago

Allocations

Team

Roadmap

  • 2016
    The rise of the decentralization movement ignited the idea of a Global Wireless network with a swarm of community managed WiFi hotspots.
  • 2017 Q1 / Q2
    Can we build it? How can we do it? How to incentivise participants?
  • 2017 Q3
    Technical feasibility study, planning, testing and coding. Core team establised.
  • 2017 Q4
    Whitepaper published and MVP developed. Positive feedback from the community encourages the team to move forward.
  • 2017 Q4
    IUNGO.NETWORK launched. LinkedIn executive joins the team as an advisor.
  • 2017 October
    Pre-Sale financing round begins with a 66.7% discount.
  • 2017 November
    Deep focus on MVP development, refinement and public launch.
  • 2017 December
    Token generation event to support further project development, creating liquidity and a closed loop of incentives between hosts and users.
  • 2018 Jan / Feb
    Hit Exchanges Cryptocurrency exchanges are important for any token to become adopted by the masses, as it enables your token to reach a wide range of potential buyers. This will increase liquidity in the IUNGO ecosystem and the value of ING will grow in tandem as the network achieves critical mass and global scale.
  • 2018 Jun
    Alpha version of software released. A swarm of WiFi hotspots provides access via the Service Gateway.
  • 2018 Aug
    Android application release for convenient IUNGO network usage.
  • 2018 Dec
    The launch of a Beta software package which will include a billing layer that orchestrates ING token flow. Focus on SME and Enterprise sales as well as attracting consumers.
  • 2019 Q1
    Multi Cell Service Gateway communications and independent providers scale globally.
  • 2019 Q1 / Q2
    Secure layer overlay from router to destination via optional VPN services providing enhanced security, anonymity and freedom from censorship.
  • 2019 Q3 / Q4
    Business partnerships with legacy Enterprises and new DAOs. Expansion through integrations / synergies with other DApps. Support for and integrations with IoT devices and services.

Written By

Isuk
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