Review on Iungo by Benaiah A. Akinlade
Iungo and her misplaced priorities
IUNGO is a Global network of decentralised internet providers powered by the Ethereum blockchain creating a public crypto- economy.
IUNGO is a globally distributed wireless internet service provider built with the help of a worldwide community. They are involved in bootstrapping a community where everyone can assume responsibilities and benefit from the associated rewards for running parts of the service delivery infrastructure. Members can contribute by installing Public Wi-Fi access points on their premises and/or running parts of the service infrastructure.
Iungo (ING) is a cryptocurrency token and operates on the Ethereum platform. Iungo has a current supply of 62,553,604.424 with 40,000,000 in circulation. The last known price of Iungo is $0.000698 USD and is up 0% over the last 24 hours. It is currently trading on 1 active market(s) with $0 traded over the last 24 hours as at the time of this review.
Iungo network will rely on the existing physical Internet infrastructure to carry end-user traffic and will form an overlay network with unified end-user identification, authentication and billing systems. Ethereum network is used to build trusted, transparent accounting and payment infrastructure.
IUNGO will not limit itself to the technical research and development needed to deploy the network at global scale, but will also build worldwide recognition of the brand.
Features
Enjoy seamless connectivity
Worldwide access with one account
Always secure web access
Instantly become a part of global network
VPN service for total anonymity
Help connecting developing regions
Get paid for services provided
It's like Airbnb for the internet access
Technical Info
Open-source platform that enables anyone to become a local internet provider in the global WiFi network.
I personally see no business iungo have with the crypto market. I see it as misplaced priorities. They should just focus on providing good internet and communication facilities. The majority of information gathered is on their activities as a communication service provider rather than a crypto currency service provider
Pros
- Users can top-up their accounts with ING tokens or Ethereum
Cons
- The company has misplaced priorities
- They should just focus on telecoms
