The cryptocurrency exchange OKX has announced the official listing of WiFi Map (WIFI) for spot trading, marking a significant milestone for the decentralized wireless network project. This integration allows users to trade the $WIFI token seamlessly, enhancing liquidity and accessibility within the growing Web3 ecosystem.
The rollout will follow a structured timeline to ensure smooth onboarding for depositors, traders, and wallet users. Below is the detailed schedule for the launch:
Spot Trading Rollout Schedule
- WIFI Deposits Open: March 31, 2023, at 17:00 UTC
- WIFI/USDT Spot Trading Launch: April 7, 2023, at 08:00 UTC
- WIFI Withdrawals Enabled: April 8, 2023, at 08:00 UTC
- OKX Wallet-DEX Trading Goes Live: April 7, 2023, at 12:00 UTC
This phased approach ensures system stability and gives users ample time to prepare for trading and manage their assets efficiently.
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What Is WiFi Map?
WiFi Map is a community-driven platform revolutionizing global internet access by building a decentralized wireless network. At its core, it enables users to share and discover free Wi-Fi hotspots worldwide. With over 150 million users and a database of 4.5 billion Wi-Fi hotspots, WiFi Map ranks among the top travel apps in more than 100 countries.
Unlike traditional mapping services, WiFi Map thrives on user participation. Individuals contribute by sharing verified Wi-Fi network details—such as passwords and locations—helping others connect quickly and securely. In return, contributors are incentivized through the $WIFI token, aligning user activity with economic rewards.
This model operates on the innovative concept of "connect and earn," encouraging continuous community engagement while expanding internet accessibility in underserved regions.
Key Token Metrics
- Asset Name: WiFi Map
- Ticker Symbol: WIFI
- Total Supply: 1,000,000,000 tokens
- Smart Contract Address:
0xE238Ecb42C424E877652AD82d8A939183A04C35f
The $WIFI token powers the ecosystem by rewarding contributors, enabling governance participation, and facilitating transactions within the network.
How WiFi Map Is Changing Internet Accessibility
In an era where internet connectivity is essential for education, employment, and communication, millions still lack reliable access. WiFi Map addresses this gap by leveraging blockchain technology to create a self-sustaining, peer-to-peer Wi-Fi sharing economy.
Users don’t just benefit from finding nearby free networks—they actively shape the network’s growth. Every shared hotspot strengthens the map’s accuracy and reach, particularly in remote or densely populated urban areas where public Wi-Fi is limited.
Moreover, the integration with blockchain ensures transparency and trust. Contributions are recorded immutably, and reward distribution is automated through smart contracts, minimizing fraud and maximizing fairness.
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Why Listing on OKX Matters
Being listed on a major exchange like OKX significantly boosts visibility and credibility for emerging blockchain projects. For WiFi Map, this means:
- Increased Liquidity: Traders gain easy access to buy and sell $WIFI in a secure environment.
- Global Reach: OKX’s international user base exposes the project to new communities and potential contributors.
- Enhanced Utility: Exchange listing reinforces $WIFI’s role not just as a reward token but as a tradable digital asset with real-world use cases.
Additionally, support across both centralized (spot trading) and decentralized platforms (OKX Wallet-DEX) reflects OKX’s commitment to bridging CeFi and DeFi ecosystems.
Frequently Asked Questions (FAQ)
Q: What is the purpose of the $WIFI token?
A: The $WIFI token serves multiple functions within the WiFi Map ecosystem. It rewards users for sharing Wi-Fi hotspot information, enables participation in governance decisions, and supports transactional activities within the network.
Q: Can I stake or earn yield on $WIFI tokens?
A: While current details about staking programs may vary, many community-driven networks introduce staking mechanisms over time to encourage long-term holding and network security. Users should monitor official announcements for future utility upgrades.
Q: Is WiFi Map available on mobile devices?
A: Yes. WiFi Map is available as a mobile app on both iOS and Android platforms. It consistently ranks among the top apps in the travel category due to its practical utility for travelers seeking free internet access.
Q: How does “connect and earn” work?
A: Users earn $WIFI tokens by contributing verified Wi-Fi network details—such as SSID, password, and location—to the map. The system validates contributions to maintain data quality before issuing rewards.
Q: Are there any risks involved in trading $WIFI?
A: Yes. Like all digital assets, $WIFI is subject to market volatility. Prices can fluctuate rapidly based on demand, project developments, and broader market trends. Always conduct thorough research and consider your risk tolerance before investing.
Q: Where can I store my $WIFI tokens securely?
A: You can store $WIFI tokens in any ERC-20 compatible wallet. Recommended options include hardware wallets like Ledger or Trezor, or trusted software wallets such as MetaMask and OKX Wallet.
The Future of Decentralized Connectivity
WiFi Map exemplifies how blockchain can solve real-world problems beyond finance. By turning everyday users into infrastructure contributors, it democratizes internet access and creates shared value across borders.
As adoption grows, so does the potential for partnerships with municipalities, telecom providers, and humanitarian organizations aiming to close the digital divide. Projects like this highlight the transformative power of decentralized networks when aligned with meaningful incentives.
With strong fundamentals, a proven user base, and now enhanced trading access via OKX, $WIFI stands at the intersection of utility and innovation.
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Risk Disclosure
Trading in digital assets carries significant risk and may result in the loss of your invested capital. Cryptocurrencies are highly volatile, and past performance is not indicative of future results. You should fully understand the risks involved, consider your investment objectives, level of experience, and seek independent financial advice if necessary.
For any questions regarding this listing, please contact OKX support through the official OKX Telegram group or visit the Help Center.
Last updated: March 31, 2023 (UTC)