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. More details regarding the IUNGO ICO will be released at the conclusion of the IUNGO token pre-sale on the 19th of November 2017.
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.