What
Is IUNGO
IUNGO is a globally distributed wireless internet service
provider built with the help of a worldwide community. We are bootstrapping a
community where everyone can assume responsibilities and benefit from the
associated rewards for running parts of the service delivery infrastructure.
Members can contribute by installing Public Wi-Fi access points on their
premises and/or running parts of the service infrastructure.
Our network will rely on the existing physical Internet
infrastructure to carry end-user traffic and will form an overlay network with
unified end-user identification, authentication and billing systems. We will
use the Ethereum network to build trusted, transparent accounting and payment
infrastructure. Our mobile applications will enable low granularity service
usage accounting and compensation for services rendered. Additionally to the
software solution, hardware will be offered as an option, with pre-setup
routers available for those seeking a consumer friendly plug and play
experience
IUNGO will not limit itself to the technical research and
development needed to deploy the network at global scale, but will also build
worldwide recognition of the brand
WIRELESS
INTERNET
CUSTOMERS
1.
Travelers
2. Remote
workers (hipsters or professionals working from coffee shops)
3. Digital
nomads
4. Residents
of countries where mobile data plans are expensive and/or poor coverage
5. Heavy
youtube users
6.
Hardcore gamers on the move
BENEFITS
1.
Instant, seamless, safe and automated
connectivity with hasslefree payments
2. Affordable
and transparent accounting with single walletglobally
3. Usage
based on preferences (price, speed, quality, reviews)
4.
Global providers network with recognizable
branding
WIRELESS INTERNET
SERVICE PROVIDERS
CUSTOMERS
1.
Small and medium-sized businesses (e.g.
restaurants, cafes and bars)
2.
large enterprises and governments wishing to
provide secure public / visitor internet access
3.
individuals who live in close proximity to crowded
public spaces
4.
Airbnb hosts
5.
co-working spaces
6.
investors interested in providing wireless
coverage in a selected area (street,square, block or whole city)
7.
MICE organizers (Meetings, Incentives,
Conferences and Events/Exhibitions)
8.
End users can review ratings of any particular
Access Point (AP) and provide ratings by collecting quality metrics (latency,
jitter, bandwidth) of connections(AP collected metrics are not enough)
9.
AP providers are placed on the map andbusinesses
can provide descriptions
10.
AP providers can choose to redirect enduser
traffic via third parties therefore limiting legal liability exposure
11.
AP owners can override the IUNGO recommended
price for their location and set their preferred price for the service
BENEFITS
1.
Additional revenue stream for individuals and
businesses
2.
Cost savings
3.
Access to a global user base
4.
Increased engagement, low entry barrier (cheap —
free to use, small fee based on revenue)
5.
Powerful web based service management tools
(network abuse prevention, reports, billing, alerts,captive portals, white
label branding)
6.
Marketing tools
7.
Increased security
8.
Reduced legal liability for corporate “visitor”
internet access
9.
We are building a community where evangelists
can provide introductions to installers and manage troubleshooting if problems
involving local competences (distributed labour) arise
10.
Anyone competent enough to participate in
running core infrastructure components,
11.
can take part and benefit from the incentives
12.
IUNGO provides complete marketing and brand
recognition
On one side
of the market we have the existing wireless internet companies operating in the
field with closed, managed, walled garden proprietary technologies. On the
other side we have small and medium businesses running unsecured networks
without any controls and without any material marketing opportunities. With
open protocols, an incentivized business model and the power of collaboration
with blockchain payments, this market is ripe for disruption.
MARKET
OPPORTUNITY
The Global Internet Service Providers industry is one of the
fastest-growing industries in the global economy. Explosive growth is being
propelled by rapid advancements in internet-related infrastructure and services,
as the emergence of a plethora of powerful personal and business internet
applications has transformed how businesses and consumers operate. Rapidly
rising demand for broadband internet access and continued investment in wired
internet infrastructure have helped propel the industry forward.
According to IBIS World research, the annual growth rate between 2012
and 2017 was 8.8%. The majority of Internet service providers are multi billion
dollar Telecommunications companies like AT&T, Verizon and China mobile
Gambar
REGIONALLY BASED
PROVIDERS
Most of these Telcos and ISP’s are regionally based with no convenient
services for today’s new generation of freelance workers, digital nomads,
travelers, vloggers, etc. It is a significant problem for them to access reliable
and sufficient internet services outside of their home country. Wi-Fi password
hunting, filling forms in airports and public spaces, unknown security or
payment options, poor download and upload speeds and data usage restrictions
causing not just inconvenience but a measurable and material waste of time,
energy and money.
SMALL AND MEDIUM-SIZED
BUSINESS NEEDS
WiFi is now a must have amenity for every consumer-facing business,
but for venue owners, providing a reliable WiFi service is difficult. Today’s
market offers a wide range of guest WiFi solutions, but they are neither cheap
nor simple for a small business to use. Hotspot management tools suffer from
usage complexity, user base disparity and zero brand recognition. The WiFi
experience and monetization models are subpar solutions at best lacking
centralized management, operational tools and usage stats. There is no existing
service which provides easy Plug & Play usage and marketing tools.
NETWORK EXPANSION AND
CAPACITY
As the demand for mobile broadband services continues to explode,
mobile wireless networks must greatly expand their capacities. Simultaneously,
the revenues generated from data traffic are falling. In this context, service
providers are calling for network strategies that alleviate the CAPEX burden of
satisfying this demand. One effective method of spectrum reuse by which mobile
networks may be able to accommodate this exponential growth in demand is to
offload certain segments of their traffic onto Wi-Fi networks — which are
connected by fixed broad bandaccess lines directly to the Internet. By
migrating data traffic from expensive cellular networks to WiFi infrastructure,
WiFi Offload implies dramatic savings on infrastructural costs and also
enhances the user connectivity experience while providing value-added WiFi
services
Wi-Fi offload allows the portion of data traffic emanating from the
mobile device that is destined directly for the Internet to be injected
immediately into the Internet for routing to its final destination. This traffic
never touches the mobile operator's core network. Also Wi-Fi offload uses
unlicensed spectra. Further, Wi-Fi has access to a very substantial amount of
spectrum — with allocations of several hundred MHz in the 2400 MHz and 5000 MHz
bands. Because of the low permitted power of Wi-Fi signals, it is possible to
make very substantial reuse of these frequencies. To take advantage of this,
many mobile wireless devices are capable of connecting to local Wi-Fi networks
in addition to signals from cell towers.
WiFi is now a must have amenity for every consumer-facing business,
but for venue owners, providing a WiFi service that adds value beyond
connectivity while complying with regulations is difficult. Complete WiFi
service packages offer centralized management, and operation from the cloud,
easy integration into the service portfolio, compliance with security and
regulatory obligations and increased revenue. Revenue could be increased
directly by selling WiFi access or upselling it as a part of package Alternatively,
additional charges for WiFi are not applicable in some markets due to the broad
availability and competitive prices for LTE. But even in these situations,
small and medium companies would benefit from a complete managed WiFi services
toolkit for marketing purposes.
ICO
Participants willing to support the development of the IUNGO Project
can do so by sending Ethereum currency to the designated address, or by
contributing throw IUNGO platform with other types of payments. By doing so,
they are purchasing IUNGO Tokens (ING) at the rate of 1000 ING per 1 ETH which
will be sent to their wallet.
During token sale several rounds (Tiers) will be organized with a
different Discount rates, payment methods. IUNGO keeps the right to have
special negotiated deals and discounts for large stake investors.
DETAILS:
1.
The main currency during the token generation
event is Ether (ETH).
2. It
can be proposed to participate in other forms of payments too.
3. Token
Creation will be capped (“Soft Cap”) for 8 million INGs sold. This amount is subject to change before the Token Creation
event.
4. The
Token Creation period will last till 31st of January 2018 or till all created
IUNGO tokens will be sold.
5. If
the Crowdsale campaign does not reach its minimal capital goal all funds will
be returned automatically to the ING holders.
6. Token
Creation has a Hard Cap: upon achieving this Cap, token creation will stop and
no further contributions will be accepted. The Hard Cap is equal to 64 Million
INGs.
7.
Tokens that are not sold during the Crowdsale
rounds will be automatically transferred to the further financing rounds by the
smart contract, and will burn at the end of token sale.
ROUND DETAILS:
1.
Shortly after the ICO, IUNGO tokens will be
available on major exchanges, and will be used for payments for the wireless
network.
2. Usage
of IUNGO services increases ING token usage therefore value should increase
with the growth and adoption of the network
3. For
example if Ethereum is worth 450 USD, ING will be worth 0.45 USD/IUNGO (rate
with Ethereum fixed at the 1000 INGs per ETH)
4.
For example if Ethereum is worth 900 USD, ING
will be worth 0.9 USD/IUNGO (rate with Ethereum fixed at the 1000 INGs per ETH)
BUDGET ALLOCATION
Exact budgets will be allocated after the funding round
• HR - up to
10% Operations worldwide
• LEGAL - up
to 10%
•
ENGINEERING - 30 - 40% R&D
• MARKETING
- 30 - 40% Product global awareness, B2B promotion
• OTHER -
10%
TEAM IUNGO
Please
visit website IUNGO for more information
Website
https://iungo.network/
Bitcointalk https://bitcointalk.org/index.php?action=profile;u=1107647;sa=summar
ETH Address 0xf368c8718fDA5e6E7045b39d4830A5485f5ffB38
