The time is finally here.

Decentralizing Internet infrastructure is not easy, but we must start somewhere. We have been working hard to get people to earn rewards by sharing WiFi.

For several months, we’ve talked to the community about the product, what everyone expects, and how we can live up to those expectations.

There are over 3 Billion people in the world without Internet Access, and now you can be a part of the solution to a massive problem.

We want to introduce you to the future of WiFi sharing, our first Wayru WiFi router that we call Genesis. This plug-and-play device allows anyone from anywhere worldwide to earn Crypto doing something we call Share2Earn. This concept is super straightforward, you share WiFi by setting up a Hotspot and start earning crypto rewards. Cool right?

You’ll get rewards in Wayru Tokens for every connected user and have access to real-time analytics of the traffic used and rewards made.

Set-up time is less than 10 minutes, and regardless of your technical ability, set-up is simple and easy. This ease of use will encourage non-crypto folks to get into the ecosystem with the simple task of sharing WiFi access.

Anyone with a stable fixed Internet connection can become a Hotspot Operator. You can set up a Genesis device in restaurants, convenience stores, gas stations, cafeterias, or your home. The more traffic you get, the more rewards you’ll earn.

How does it work?

You just set up a Wayru Genesis device by connecting it to a power source and an active Internet router. You’ll follow three simple steps with the Hotspot Operator app and link your device to your account.

Once linked, your device will broadcast a WiFi network that will allow anyone with a WiFi-compatible device to get online, and you’ll start earning crypto rewards.

You’ll get rewards in Wayru Tokens for every connected user and have access to real-time analytics of the traffic used and rewards made.

For your Hotspot to be active and start earning rewards, you’ll need $200 worth of Wayru Tokens locked up into your device’s contract. This method will help strengthen the ecosystem as the network grows.

Run your Hotspot, or we can run it for you.

If you live where you see no use for a Hotspot to be deployed but still want to support Wayru, we can run it for you.

Wayru will provide connectivity where it is most needed starting in big cities in Latam. We will set up Hotspots in high-traffic places like restaurants, convenience stores, low-income communities with high demand, or even a mall or plazas.

We group the Hotspots deployed in any city into something we call Hotspot Pools. 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.

Learn more about Hotspot Pools HERE!

How are rewards paid?

You will get rewards paid in Wayru Tokens. You earn rewards for the uptime of your Hotspot and traffic your Hotspot transfers.

What is uptime?

Uptime is the amount of time your device runs smoothly and provides connectivity.

How is uptime measured?

We measure uptime by the minute. Depending on the continuity of the Hotspot being up and running, you’ll fall into different tiers. The longer your Hotspot is up, the higher the reward per minute of uptime.

*Other details may be considered for calculating tier and will be public at the MainNet Launch.

What is traffic?

Traffic is the number of megabytes transferred in your Hotspot by sending and receiving data packets.

How is traffic measured?

We measure traffic by the megabytes consumed by users connected to your Hotspot. You'll fall into different tiers depending on the average daily uptime and speed. The longer the uptime and the higher the bandwidth, the more you get paid per megabyte.

*Other details may be considered for calculating tier and will be public at the MainNet Launch.

Who can be a Hotspot Operator?

Anyone with a stable fixed Internet connection can become a Hotspot Operator. You can set up a Genesis device in restaurants, convenience stores, gas stations, cafeterias, or your home. The more traffic you get, the more rewards you’ll earn.

What do I need to become a Hotspot Operator?

  • At least one Genesis Device.
  • Location or site for Genesis Device set up.
  • An Active Fixed Internet Network.
  • Access to Electricity 24/7.
  • A Wayru Hotspot Operator account/wallet with $200 worth of WRU Tokens locked to activate your Hotspot.

How to get a Genesis device?

You’ll be able to get a Genesis device from Wayru’s website.

  • Waiting List starts June 13th.
  • Pre-sale starts early Q3 2022.
  • Shipping starts late Q3 2022.

How do I receive my rewards?

You’ll receive your rewards to your account every month. You can redeem rewards with a four-week cool-down period. Still, you can use them immediately to stake against other nodes and earn even more rewards.

How do I retrieve my locked $WRU?

Locked up $WRU can be redeemed with an 8-week cool-down period. During that cool-down period, your Hotspot won’t receive any rewards. You need to lock up $WRU in your account to start receiving rewards again.

What is the energy consumption per Hotspot?

Estimated Electricity Consumption if running 24/7:

  • Per hour: 15.4 Wh
  • Per day: 0.369 kWh
  • Per month: 11.1 kWh

Pre-sale

The Pre-sale will happen in batches. You will have access to an earlier batch depending on your position on the list. Early birds will receive more rewards than later ones.

To get on top of the list, you must refer people to join the Waiting List. Rewards range between $50–100 worth of $WRU, locked to your account for your Hotspot activation on MainNet.

One mandatory requirement to be eligible to receive your rewards is to participate on TestNet and earn at least $100 in fake $WRU during the Wayru Hotspot TestNet Program, which will be open later this year, around early Q4.

BATCH 1

  • Date: Early Q3 2022
  • Quantity: 1,000 Hotspots available
  • Price per device: $200 USD

Genesis Devices have a value of $200, and we’ll have a limit of 1,000 units available at the presale.

What to expect next?

Wayru Hotspots will help change the status quo of providing WiFi. Imagine a citywide, nationwide, or even region-wide network. We are aiming for a worldwide network powered by people like you.

If you made it this far, it means you are interested. So let me give you some examples of how you can contribute to the growth of our network of hotspots.

You can partner with neighbors or local businesses to set up a community-wide network and split the earnings. Municipalities can see public WiFi networks as a self-sustainable investment instead of an ongoing expense.

Local providers can fully utilize their deployed infrastructure to set up Hotspots around town and make their businesses more profitable.

Malls, stadiums, restaurant chains, and more can join the sharing economy and turn their monthly Internet expenses into crypto-making machines.

Possibilities are endless, and growth is unstoppable because it is Powered by You.

Pre-Sale is LIVE now.

With Love,

Charvel Chedraui

CEO and Founder

Wayru.io

PD: Stay tuned in our Discord, Twitter, and Telegram for surprises, rewards, and more until the big day of the pre-sale comes!🤩

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Wayru.io

Wayru.io

Decentralized Internet Network Powered by YOU. Disrupting the status quo of #InternetAccess. Built on #Algorand