WiFi Map, a leading internet connectivity tool with over 150 million users, is launching the $WIFI utility token on March 30, 2023 in partnership with digital asset market maker DWF Labs.

WiFi Map is a global decentralized connectivity tool with over 4.5 billion free WiFi hotspots, added by its community. The company is set to launch its $WIFI utility token on March 30 in partnership with the DWF Labs digital asset market maker, marking a landmark event in the emerging DeWi (decentralized wireless) space.

Several use cases will be activated on day one, with the $WIFI token set to be issued as a reward for contributions to the global hotspot database under a participate-to-earn model. The token can then be redeemed for eSIM mobile data, VPN protection and other services at a discount compared with fiat purchases. Discounts will also be offered on a growing range of partner services such as mobile device power banks, while a megabyte farming feature will award eSIM data to users who hold $WIFI in the proprietary in-app wallet.

Partnering with DWF Labs gives WiFi Map access to a broad range of services to ensure that the token launch is a success and ignite the transition to Web3, including consulting, cybersecurity, treasury management, liquidity and smart contract auditing.

“At DWF Labs, we are committed to supporting innovative projects that offer real-world solutions to everyday problems,” said Andrei Grachev, Managing Partner of DWF Labs. “That’s why we’re thrilled to be investing in WiFi Map, a project with a clear and tangible use case that has already made a meaningful impact on the lives of millions of people. This level of adoption is a testament to the team’s hard work and dedication, and we look forward to seeing how they will continue to grow and innovate in the future.”

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