Integration to enable seamless access to WiFi Map’s Utility Token for IoTeX Users
New York September 21, 2023: WiFiMap, the pioneering Web3 platform on a mission to bridge the global digital divide is proud to announce that its utility token $WiFi is now integrated with ioPay wallet, a Multi-Chain Crypto Wallet by IoTeX. The integration is aimed towards further solidifying IoTeX’s commitment to serving as the decentralized physical infrastructure network (DePIN) wallet of choice. WiFi Map, a prominent player in the DePIN space and in close connection with IoTeX and ioPay, continues to drive innovation and accessibility in the crypto world.
IoTeX and WiFi Map: Bridging the Digital Divide
WiFi Map’s mission revolves around connecting the unconnected through a beautifully designed mobile app. Contributors add both public and private WiFi hotspots to their network, making them easily accessible to anyone with the WiFi Map app. In addition to facilitating seamless WiFi access, WiFi Map offers global eSIM connectivity and VPN services within the app.
Since its inception in 2014 as a Web2 company, WiFi Map has witnessed remarkable success and user adoption:
- 168+ million app downloads
- 4 million monthly active users (MAUs)
- An impressive 4.6/5-star average rating from over 2 million users
Commenting on the development WiFi Map CEO, Denis Sklyarov, said “WiFi Map and ioPay share a vision of connecting the unconnected and driving transformative change in the crypto landscape. This integration heralds the beginning of many educational and empowering experiences for our users, making it easier than ever to access and utilize $WIFI tokens.”
Expressing his excitement on the integration, Connor Lovely, IoTeX DePIN Lead, said “Our integration with WiFi Map’s $WIFI token is a significant step toward fulfilling our mission of providing a unified and accessible crypto experience for our users. We look forward to further collaborations that drive innovation and accessibility in the DePIN space.”
In March 2023, WiFi Map embraced the value of token incentives and introduced $WIFI on the Polygon network. This utility token primarily rewards contributors for adding WiFi hotspots, conducting speed tests, and verifying hotspots. Additionally, it serves as a means to purchase in-app products & services such as eSIMs.