IUNGO ING ICO crowdsale price rating, token, roi, IUNGO scam report, status

IUNGO

Token: ING

Global wireless internet provider

PreICO dates

Start date: 29th Oct 2017

End date: 19th Nov 2017

ICO dates

Start date: 2017-12-07

End date: 2018-01-31

Registrated in: Lithuania

Platform: Ethereum

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https://iungo.network/ Screenshot

https://iungo.network/ (2018-05-17)

IUNGO categories

Cryptocurrency Infrastructure Internet Platform Software

IUNGO whitepaper

Preview Download

Video

IUNGO token sale

KYC passing required No | Whitelist No | Restriction for countries No

Soft cap	8,000,000 ING
Hard cap	64,000,000 ING
Tokens for sale	64,000,000
Token distribution in ICO	64% 64%

Price in PreICO	1 ETH = 1,000 ING
Minimal investment	0.01 ETH
Acceppting	BTC, ETH, LTC, Fiat

IUNGO news, social

IUNGO search trends in Google

Random whitepaper excerpts

TABLE OF CONTENTS
1. Executive summary
3
2. Market opportunity
5
2.1.
Regionally based providers
6
2.2.
Small and medium-sized business needs
6
2.3.
Network expansion and capacity
6
3. Business model
7
4. Marketing and Strategy
9
5. Competition
9
5.1.
FON Network
9
5.2.
Boingo
9
5.3.
Hotspot system
10
5.4.
Airfy
10
5.5.
Socify
10
6. Technical description
11
6.1.
Overview
11
6.2.
Wi-Fi deployment sites
12
6.3.
Accounts & Identities
14
6.4.
IUNGO mobile wallet
14
6.5.
IUNGO cloud wallet
15
6.6.
Payments
16
6.7.
Services
19
6.8.
Infrastructure entities
20
7. Crowdsale details
20
7.1.
Pre-ICO
21
7.2.
IC...

1. EXECUTIVE SUMMARY
AT IUNGO WE BELIEVE THAT AFFORDABLE INTERNET ACCESS IS A BASIC HUMAN RIGHT!
The emergence of a plethora of powerful personal and business internet applications has
transformed how businesses and consumers operate. Explosive growth in internet consumption is
being propelled by rapid advances in internet-related infrastructure and services.
Despite the explosive growth, major problems still persist for users to get onto this information
superhighway. One of the problems with local providers and local connectivity is that it limits on
the go usage. Mobile data plans implement usage restrictions and relatively high fees.
WiFi connection problems range from annoying nuances such as localized captive portals and
injected advertisement to dangerous issues such as malicious hotspots and open access points
where more or less everyone can eavesdrop on your unencrypted trafﬁc. Industry bodies and local
providers fail to address the issues of seamless connectivity and roaming.
WHY CAN’...

WIRELESS INTERNET
USERS
CUSTOMERS
•
Travelers
•
Remote workers (hipsters or
professionals working from coffee
shops)
•
Digital nomads
•
Residents of countries where mobile
data plans are expensive and/or
poor coverage
•
Heavy youtube users
•
Hardcore gamers on the move
BENEFITS
•
Instant, seamless, safe and
automated connectivity with hassle-
free payments
•
Affordable and transparent
accounting with single wallet
globally
•
Usage based on preferences (price,
speed, quality, reviews)
•
Global providers network with
recognizable branding
WIRELESS INTERNET
SERVICE PROVIDERS
CUSTOMERS
•
Small and medium-sized businesses
(e.g. restaurants, cafes and bars)
•
large enterprises and governments
wishing to provide secure public /
visitor internet access
<...

•
End users can review ratings of any
particular Access Point (AP) and provide
ratings by collecting quality metrics
(latency, jitter, bandwidth) of connections
(AP collected metrics are not enough)
•
AP providers are placed on the map and
businesses can provide descriptions
•
AP providers can choose to redirect end-
user trafﬁc via third parties therefore
limiting legal liability exposure
•
AP owners can override the IUNGO
recommended price for their location and
set their preferred price for the service
•
We are building a community where
evangelists can provide introductions to
installers and manage troubleshooting if
problems involving local competences
(distributed labour) arise
•
Anyone competent enough to participate
in running core infrastructure components,
can take part and beneﬁt from the
incentives
•
IUNGO provides complete marketing and
...

GLOBAL ISP
MARKET GROWTH
484
2013
584
2015
620
2017
697
2019
783
2021
879
2023
2.1.
REGIONALLY BASED PROVIDERS
Most of these Telcos and ISP’s are regionally based with no convenient services for today’s new
generation of freelance workers, digital nomads, travelers, vloggers, etc. It is a signiﬁcant problem
for them to access reliable and sufﬁcient internet services outside of their home country. Wi-Fi
password hunting, ﬁlling forms in airports and public spaces, unknown security or payment
options, poor download and upload speeds and data usage restrictions causing not just
inconvenience but a measurable and material waste of time, energy and money.
2.2.
SMALL AND MEDIUM-SIZED BUSINESS NEEDS
WiFi is now a must have amenity for every consumer-facing business, but for venue owners,
providing a reliable WiFi service is difﬁcult. Today’s market offers a wide range of guest WiFi
solutions, ...

access lines directly to the Internet. By migrating data trafﬁc from expensive cellular networks to
WiFi infrastructure, WiFi Ofﬂoad implies dramatic savings on infrastructural costs and also
enhances the user connectivity experience while providing value-added WiFi services.
Wi-Fi ofﬂoad allows the portion of data trafﬁc emanating from the mobile device that is destined
directly for the Internet to be injected immediately into the Internet for routing to its ﬁnal
destination. This trafﬁc never touches the mobile operator's core network. Also Wi-Fi ofﬂoad uses
unlicensed spectra. Further, Wi-Fi has access to a very substantial amount of spectrum — with
allocations of several hundred MHz in the 2400 MHz and 5000 MHz bands. Because of the low
permitted power of Wi-Fi signals, it is possible to make very substantial reuse of these frequencies.
To take advantage of this, many mobile wireless devices are capable of connecting to local Wi-Fi
networks in addition to signals from cell towers.
WiFi...

Payments for the service will be made with ING coins within the system. Coins will be available on
a variety of exchanges. The service gateway will have integrations with major exchanges to get ING
coins instantaneously in real time for a seamless user experience.
ING coin owners can either use tokens for the service or sell them on Exchanges. Despite the
increasing usage of the IUNGO network and increasing numbers of users, the supply and total
number ING coins remains limited, so the value should grow in parallel with the growth in
adoption and usage of the network.
The Wiﬁ Internet price is not directly related to the ING price. The price will vary due to a variety of
market speciﬁcs and other factors. The IUNGO token will be used as a medium of exchange
between ﬁat currency and the service provided.
In crafting the overall monetary policy of the IUNGO economy and tokens themselves (ING), we
had several factors to consider. We had to create enough tokens to power a truly global network
whi...

4. MARKETING AND STRATEGY
Local evangelists, tech support program (Geographically based IUNGO ambassadors afﬁliate
program) will receive 1% of transactions they are involved with.
A substantial amount of budget will be allocated for public awareness, consumer marketing and
B2B sales and marketing. The HORECA and MICE industries (events, exhibitions) will be a
particular area of focus for these campaigns.
We are establishing ongoing cooperation with router manufacturers and ﬁrmware developers.
With a goal of custom hardware creation after the second funding phase.
A bounty program will be established with funds for coverage. Initial coverage on demand.
Different geographical areas will have regional pricing suggested by the IUNGO service gateway,
but each provider will be able to overwrite this price creating marketplace dynamics
WiFi providers who choose IUNGO will be provided with industry leading tools to generate
metrics for the business owner — retention, returning customers, usage stats,...

IUNGO Roadmap

2016

The rise of the decentralization movement ignited the idea of a Global Wireless network with a swarm of community managed WiFi hotspots.

2017 Q1 / Q2 Research

Can we build it? How can we do it? How to incentivise participants?

2017 Q3 Team & Tech

Technical feasibility study, planning, testing and coding. Core team establised.

2017 Q4 MVP

Whitepaper published and MVP developed. Positive feedback from the community encourages the team to move forward.

2017 Q4 Launch

IUNGO.NETWORK launched. LinkedIn executive joins the team as an advisor.

2017 October PRE-ICO

Pre-Sale financing round begins with a 66.7% discount.

2017 November MVP

Deep focus on MVP development, refinement and public launch.

2017 December ICO

Financing round. Token generation event to support further project development, creating liquidity and a closed loop of incentives between hosts and users.

2018 Jan / Feb Hit Exchanges

Cryptocurrency exchanges are important for any token to become adopted by the masses, as it enables your token to reach a wide range of potential buyers. This will increase liquidity in the IUNGO ecosystem and the value of ING will grow in tandem as the network achieves critical mass and global scale.

2018 Jun Alpha

Alpha version of software released. A swarm of WiFi hotspots provides access via the Service Gateway.

2018 Aug Android APP

Android application release for convenient IUNGO network usage.

2018 Dec Beta

The launch of a Beta software package which will include a billing layer that orchestrates ING token flow. Focus on SME and Enterprise sales as well as attracting consumers.

2019 Q1

Multi Cell Service Gateway communications and independent providers scale globally.

2019 Q1 / Q2

Secure layer overlay from router to destination via optional VPN services providing enhanced security, anonymity and freedom from censorship.

2019 Q3 / Q4

Business partnerships with legacy Enterprises and new DAOs. Expansion through integrations / synergies with other DApps. Support for and integrations with IoT devices and services.