As a researcher who has followed WiFi Map’s journey for years now, I must admit that their growth is nothing short of extraordinary. From a humble beginning as a tool to find free WiFi hotspots, they have transformed into a global powerhouse with over 190 million users and a database of more than 16 million active WiFi hotspots.
In simple terms, WiFi Map, a prominent player in the field of decentralized physical infrastructure networks (DePIN), has amassed an impressive user base of approximately 190 million individuals worldwide. The United States leads this group with over 50 million users, while India takes the second spot as the most significant market.
This rapid growth shows the increasing adoption of decentralized wireless solutions and Web3-based services in the regions. The surge in WiFi Map’s adoption was significantly accelerated by its integration of blockchain technology.
In the year 2023, the company introduced its utility token, $WIFI, which is registered in Switzerland and operates on the Polygon blockchain. This move allows users to earn rewards for expanding the platform by setting up new hotspots, validating information, and performing internet speed tests. Consequently, approximately half of WiFi Map’s 13.5 million active contributors have been awarded over 6 million $WIFI tokens as a result. This is based on the data available.
WiFi Map’s Growth and Community Impact
WiFi Map’s database now exceeds 16 million active WiFi hotspots, positioning it as one of the world’s largest and most extensive WiFi resources. As per the latest report, WiFi Map is accessible in more than 125 countries and offers a distinctive chance for users to earn passive income through their contributions, transforming it into a genuinely community-oriented platform.
This year marks the 10th anniversary for WiFi Map, and CEO and co-founder Denis Sklyarov emphasized the significant role that the platform’s user community played in fueling its success.
What makes WiFi Map stand out is its vibrant community. Collectively, we’ve created a space where individuals can empower each other, foster connections, and uncover possibilities. Our users’ input has fueled our development, and their continued contributions will propel us towards even greater heights.
Initially designed for locating free WiFi hotspots, WiFi Map has grown into a multi-functional platform. It now includes eSIM services, offline maps, and a blockchain-based infrastructure. Soon, WiFi Map plans to create a digital overlay on the real world within the Metaverse, featuring Real-World Assets. Additionally, they will introduce “Hexagons and Megazones,” each managed by individual owners.
Read More
- Crypto ETPs hit $44.5b in YTD inflows amid Bitcoin surge
- AI16Z PREDICTION. AI16Z cryptocurrency
- Li Haslett Chen to Leave Warner Bros. Discovery Board
- POL PREDICTION. POL cryptocurrency
- Blockaid new dashboard to track Web3 activity and threats
- Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund
- ‘Kraven the Hunter & ‘Madame Web’ Box Office Disaster Blamed on Media Scrutiny
- EXCLUSIVE: Alia Bhatt in talks with Dinesh Vijan for a supernatural horror thriller; Tentatively titled Chamunda
- Shiba Inu, Bonk, Pepe prices rebound: Beware of dead cat bounce
- How to add friends in Infinity Nikki
2024-11-27 15:50