IUNGO Network ICO overview
IUNGO will create an open source solution, which enables anyone - a cafeteria, pizzeria, beauty shop, Airbnb apartment, or even ice cream kiosk in the main square to become a local internet provider by supplying our Global Wireless Internet Network and start earning income for their service.
For users it means simple, fast internet access worldwide with their prefered network quality, security rating and pricing. No expensive roaming services. No Wi-Fi forms to fill. No passwords to enter. Accounting and payment infrastructure will run on Ethereum network and will use ERC20 IUNGO tokens (ING) as a medium of exchange between fiat currency and the service provided.
ING 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 IUNGO crowdsale and the corresponding token creation process will be organized around smart contracts running on Ethereum (ERC20).
The total supply of IUNGO Tokens (ING) ever created will be limited to 10 Billion at a present rate of 1ETH = 30,000 ING.
The Pre-ICO crowdsale will run from 29th October to 19th November 2017.
1% of the total ING Tokens will be available during this period at a 300% bonus.
The Pre-ICO Tokens will be utilised for MVP finalisation, legal consultations and ICO Marketing.
Token:ING
Price:1 ETH = 1000 ING
Buy with:ETH, Bitcoin, Litecoin, USD, EUR, VISA, MasterCard …
Platform:Ethereum
KYC:No
Location:Lithuania
ICO Start:December 7, 2017
ICO End:January 31, 2018