Post
Topic
Board Announcements (Altcoins)
Re: 🔥⭐[ANN] WiC|Monetizing WiFi Sharing| ⭐🔥 Presale open! Over $550k raised! 🔥⭐
by
Lambo06
on 29/08/2017, 12:57:01 UTC
Hey Lambo06 and Crypto Wi team,

got a couple of questions, possibly they were asked before but it's hard to browse 100+ in both threads and there is no FAQ anywhere AFAIK, so:

1) Who are the guys on the team? There is too little information on them here or in search engines, can you post their Facebook/Linkedin profiles here and on the website?

2) What does exactly one buys with Wic? I mean, buying password itself is useless.

3) If you buy access to someone's wifi, is it limited by duration, total usage time, total traffic? If it is, can the owner set any or all of these parameters?

4) If I buy a password, use wifi for some time, and then the connection is lost (owner chooses to change password, turns wifi off, a dozen of other reasons), what happens?

5) If I buy a password and find the connection quality inadequate (for legitimate reasons, or because the owner uses traffic shaping, noone knows), what happens (any refund mechanics)?

6) Is there a desktop (PC/Mac/*nix) version of the application planned?


Thanks in advance for the answers, they should greatly improve confidence in the project!

Hey,

1) The team is actually bigger than what is posted and only the lead from each department is posted. We are getting legal advise and also hiring some legal experts because of the complex environment regarding Token Sales and will publish details once we get the go ahead from legal. You might, for example, know that making an app (that too this complex) is not a one man job and Deepak is just the development team lead. There are around a total of 12-15 members in the team including full time employees, independent contractors and interns. Also, we have actually gone ahead, spent money and time and developed a real product the demo video of which has been posted. Also, both the Presale and the Token Sale will also be fully escrowed by highly reputed members of the community for your safety.

2) WiC is the only mode of payment accepted in the app and hence it is used to buy WiFi. Don't see how that is uselss though. In fact this gives WiC a real world use case.

3) At the moment, the WiFi user pays a one time fee for the network but we plan to introduce a feature where the uploader will specify aminimum and maximum time and data limit for the connection and the buyer will be able to see this before purchasing.

4) For the above mentioned reason, the amount paid will be lost as of now. But we will be changing this with future updates.

5)There are no refund mechanics as of now and we plan to introduce features where users will be able to rate WiFi networks and also upload speed test results.

6) No, only mobile apps for now.

Thanks!