Iungo is a global Blockchain network that provides local WiFi access. It is designed to provide secure internet connection to its users in any part of the world. Iungo aims to provide internet services to the regions that have no access to internet connections. The Iungo network is made up of millions of WiFi hotspots and is available via andrioid and IOS app as well as via web. It provides its services free as well as in premium which is without ads and has a VPN.
The Wireless Internet Access is provided through WiFi routers with installed Iungo firmware. Interested parties can buy a IUNGO router and add it to IUNGO network to become a provider. The provides will be incentivized for providing internet access.
ING is the native token of Iungo network. It is an Ethereum based ERC20 token. ING can be traded on different cryptocurrency exchanges and is used to access the services of the platform. It is used to pay for Iungo Wifi services or to topup the user's account.
The project effectively utilized the blockchain technology to build a worldwide community of decentralized service providers. It exploited the practical applications of blockchain technology but could not find a sustainable market for itself. The value of ING token only went downhill with time and the project was soon neglected by the creators as well as the public. Currently, the project is inactive in its services, lacks attention and updates from its development team and there is no recent news about it in any of its social networks.