$WNT Token Support Announcement!
ioPay is the multi-chain DePIN (decentralized physical infrastructure network) wallet of choice and as a result is pleased to announce the support of another DePIN token. That token is .... drumroll please .... Wicrypt's $WNT token! Wicrypt is laser-focused on building a decentralized WiFi internet sharing and monetization network that allows anyone to get paid for sharing their WiFi.
Wicrypt is one of the more established DePIN crypto projects and a proud partner of IoTeX and ioPay. "We cherish the privilege to have the Wicrypt Network Token ($WNT) added and supported on ioPay - the go-to DePIN wallet" says Ugochukwu Aronu, the CEO at Wicrypt. "It means that more DePIN communities can now access $WNT and this brings our mission of creating the first decentralised WiFi network closer."
Continue to read the blog below for more information on what Wicrypt is working on and how you can add the $WNT token to your ioPay wallet.
What is Wicrypt?
Wicrypt is a decentralized WiFi internet sharing and monetization network that allows anyone to get paid for sharing their WiFi. Wicrypt is the first African company to build a peer-to-peer infrastructure for sharing mobile internet data without need for third-party integration.
Wicrypt has an international team with experience working for some of Africa’s largest employers, including KPMG, Chevron, Accenture, Nielsen, and MTN Group, and is headquartered in Enugu, Nigeria.
The team started working on Wicrypt in 2018. They launched the latest version of their hardware (the Lynx and Spider) last year and have over 1100 live devices in the network across 30 countries and 91 cities globally.
Wicrypt is licensed by the Nigerian Communications Commission (NCC)—one of the 2019 NCC Tech Innovator winners, with a $15,000 grant. They have raised $1,500,000 in financing from AU21 Capital Investors and eight others and won a $150,000 grant at the LEAP23 event in Saudi Arabia, beating 90 other contestants. They aim to decentralise the internet and ensure affordable internet access for people worldwide.
Wicrypt's tech stack includes the following:
- The Hardware (The Lynx, The Spider): An internet WiFi-enabled device that can share WiFi.
- The Firmware (WicryptOS): A proprietary operating system licensed and used by WiFi-enabled hardware.
- The Software (Web/Mobile Applications): A software that manages hardware set-up and connection settings.
A Wicrypt-enabled hardware node serves as a micro-ISP base station. The hardware owner can set any billing rate and charge users that connect to their hotspot to access the internet. It also serves as a cryptocurrency miner that mines the Wicrypt Network Token ($WNT) at a rate determined by Wicrypt Reward Model System.
- The Wicrypt Network Token is an ERC20 cryptocurrency traded in exchanges, and it powers the Wicrypt ecosystem.
How to add $WNT to your ioPay wallet?
Step 1) Log into your ioPay wallet and change the network from IoTeX to Polygon in the top left of the screen.
Step 2) Press the + button to the right of "Token" to see the list of supported tokens you can add
Step 3) If you don’t see it immediately in the pre-populated list of tokens, search “WNT”
Step 4) Click the small + button on the far right of the “WNT” token row. Once the + changes to a checkmark, press the back arrow in the top left of the screen. You will now see $WNT appear in your ioPay wallet!
What is ioPay?
ioPay is the multi-chain DePIN crypto wallet developed by IoTeX. It supports Ethereum, IoTeX, BSC, Polygon, Arbitrum, Base, and Fantom.
The primary goal of ioPay is to provide users with a comprehensive and user-friendly crypto experience. ioPay is focused on eventually supporting all DePIN assets including NFTs, tokens, and cryptocurrencies. ioPay was built by the IoTeX team, leveraging their expertise in blockchain technology to design the secure and feature-rich wallet you see today. The integration of support for various chains in ioPay enables users to manage their diverse cryptocurrencies, tokens and DePIN assets in one unified and efficient platform.
If you would like to have your token supported on ioPay, feel free to contact us at [email protected]. Follow the ioPay Twitter as we roll out even more features and functionality. For our all-in-one ioPay v2 User Guide, click here. For any support issues contact [email protected].
If you are interested in DePIN, you can learn more about the latest developments in the sector and compare projects by visiting DePINscan. DePINscan is a public good powered by W3bstream and IoTeX. It’s designed to function as an “explorer in a box” for early-stage DePIN projects and empower intelligent investors with important statistics such as the number and location of devices in a network.