Hello, I don't normally invest in ICOs, but this looks unique and much higher quality than many of the Ethereum ICOs I have observed (Useless Ether Token, Ferrari coin e.g. fund the purchase of the dev's ferrari ICO, etc)
https://bt.irlbtc.com/view/2023069.01. Could one of the developers list out some of the security precautions that are being implemented as part of this platform>? The passwords are described as encryteed. Are there any other safeguards to allay concerns about security?
2. Is there a Wi Coin website and white paper? If so where can they be found?
3. What happens if a user attempts to monetize a Wifi network that they don't own, e.g. a restaurant they visited ? Is there a mechanism to prevent abuses?
Haha didn't know about the ferrari coin

And thanks for appreciating our project!
1) I am more of a PR guy but from what I remember, everything happening on the app is all encrypted. Secondly, the password is not revealed to the end user and the app handles the connection. Thirdly, we have an anti-bot mechanism which will detect and ban users trying to use bots to upload passwords. Next, we have also made it so mobile hotspots cannot be uploaded and only WiFi connections are accepted. We have also made the app in such a way that only correct and working WiFi networks get paid and can be connected to.
2) The website is listed in the OP -
www.cryptowi.com and the whitepaper will be released along with the Token Sale details in a few days -
https://www.cryptowi.com/whitepaper3) The way the app is built, anybody who knows the password of a WiFi can upload it and earn WiC. However when someone does that he is in violation of the terms of the app, one of the points being that when you upload any password you confirm that you are the owner of that WiFi or have express permission from the owner to upload it.
Thanks!
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