The best way to invest in Internet infrastructures
We group the Hotspots deployed by us in any city into something we call Hotspot Pools. Each Pool has a minimum of 1,000 Hotspots. We break the pools into smaller pieces, and the number of these smaller pieces in the pools depends on the location of the pool and the number of Hotspots in them.
Owning pieces of the pool is similar to owning digital pieces of real estate to earn from rentals, but in Wayru Pool, owners earn $WRU based on the Pool's performance
HOW DOES IT WORK?
Wayru will provide connectivity where it is most needed starting in big cities in Latam, deploying a series of antennas with a fiber backbone to spread the Internet across a region.
We group the Hotspots deployed in any city into something we call Hotspot Pools. Each Pool has a minimum of 1,000 Hotspots. We tokenize the Pools, and the number of tokens in the Pool depends on the location of the Pool and the number of Hotspots in the Pool. As the Network grows, more token pools will become available for purchase.
More details about rewards
Rewards are paid after expenses to keep the Network running. A Hotspot needs five things to work: Electricity, Bandwidth, WiFi Hardware, a place to set it up, and an operator (person or entity in charge of setup and maintenance). Expenses are around 40–45% of the monthly generated revenue.
Rewards come from services sold to subscribers on the Network. Earnings are balanced across the Pool to ensure everyone gets their fair share. The more tokens you hold, the more rewards.
Only 10,000 units available
Price: $50 USD
Minting: Early Q1 2023.
TestNet Launch: Early Q4 2022
Millions of compatible devices can use Wayru's Network, and each device requires WiFi Credits (WC) to access the Internet.
WiFi Credits can be acquired with Wayru Tokens only, meaning purchase demand will only increase as the network grows, thus strengthening the Wayru Token.
The fees generated from WiFi credits sales return to the protocol, with some of these being utilized for liquidity. This is achieved by buying Wayru tokens from the market and LPing the tokens with USDC/ALGO, creating deep liquidity and long-term trading fee revenue.
WHO WILL USE THE NETWORK?
Earning Wayru Token ($WRU) is not the only thing that happens when providing coverage. Deploying a Hotspot helps people in your town get Internet access, thus helping Wayru bring connectivity to every corner of the world.
New hardware and software solutions can be born by leveraging the ecosystem and reach of Wayru's Network. A shared Internet grid can be home to new projects, solutions, and overall community building.