What is algorithm behind the coin? Standard hash solving mechanism, or like in Primecoin case mining involves finding Cunningham chains or something else?Is coin POS/POW or mixed?
GFI is a smart contract on the Ethereum blockchain.
What is the purpose of the coin? (Is it only used as currency or there is some deeper system behind it?)
Transactions are performed using a virtual currency – GFI tokens. Tokens are issued with ICO (primary coin issue). They can be exchanged for any other real world currency (fiat money) or cryptocurrency through the market. Using tokens is abstract and simplifies payments and transactions. Also tokens will be paid for advertising services wi-fi network.
Does dev or the team have any experience that makes them likely to succeed?
The main advantage of our team is ambitiousness and youth. We are very confident in implementing these goals. We have experience in management, marketing and IT infrastructure.
Can you follow through in your projects?
Yes, we are maintain Wi-Fi Global project as per public requirement.
Do you have a bounty campaign, if yes please share the links
What percentage of coins in circulation will the main developer have?
Pool of the founders will have 10% tokens
How were the software clients generated (did they use the main Bitcoin client or something else to make their software)?
The Wi-Fi Global backend platform leverages the Ethereum blockchain and its smart contracts which provide a comprehensive development environment and a large community.
Is the coin deflationary with hard cap of coins or not?
We are counting on the fact that the coin will show itself as deflationary. However, the answer to this question will be given by the market.
Was it heavily premined, how many coins are in the hands of devs?
10% of tokens will be in developer hands after ICO.
If you ever had the chance to talk with Satoshis what would you ask?
You are awesome. Will you join to our Team?
Even Vitalik Buterin with Ethereum can’t beat Bitcoin. How you gonna do it..
Having Satoshi in our team we are definitely ahead of Bitcoin.
Do you think your coin can make it at the top 20 of Coinmarketcap.
The only way. The market share of the Wi-Fi is the largest part of the whole Internet. Having occupied it the most part we can get to not only in the top 20, we will become top 1!
Message to investors and supporters
We need the support of society for the realization of this grandiose idea. Together we will be able to achieve it and provide you with faeries to many points of the globe, while giving profit to the owners of the router and the target audience to advertisers. Thanks to those who believe and have already supported us, you are incredible!