The emerging blockchain technology is slowly but surely infiltrating almost every industry there is. With innovative and improved solutions for all kinds of problems, this technology interests even those who are highly skeptical of cryptocurrencies.
However, with the popularity of smartphones continuously growing, there were quite a few projects that have decided to try and combine the two. Of course, some major phone makers have already tried issuing blockchain phones in the recent past, which did not go too well. For a lot of people, blockchain is still a mystery tech — if they even heard about it at all.
But, the silent revolution is starting to receive a voice, and blockchain will come to phones eventually, likely through the efforts of projects such as BitWings, by Wings Mobile.
BitWings is a project launched by Wings Mobile, a mobile network operator, electronics producer, and a software developer house. The company's triple activity grants it quite an edge over its competition, and the firm is known for cutting edge leadership. It aims to link the users' needs with technological innovation, which leads to unique products and excellent solutions.
The firm is well-connected, well-established, and well-respected, with multiple partners that are just as well-known. Now, the firm aims to create a new ecosystem and create an ultra-secure mining smartphone, with its BitWings token in the heart of it.
BitWings will be the Wings Mobile ecosystem's native token, and it has a 100% guaranteed issuing value, according to the project. It is also the only means of preordering the company's blockchain smartphone, which is supposedly capable of generating up to 2 ETH per month with no power consumption involved.
The phone is powered by neural technology, with a safe Core OS, based on it. The mining process uses the Proof-of-Data algorithm, which can generate up to 2 ETH per month, as mentioned. It also comes with additional security features, such as FaceID, fingerprint reader, PIN, and more.
BitWings is currently in its preICO time, which started on January 2nd this year, and will end in 17 days, on June 30th. Then, the project's ICO will commence, and it will last until November 30th, 2019. In other words, there is still more than enough time for investors to check out the project, invest, and potentially even pre-order the phone.
The token in question, BitWings (BWN), is a utility token. Its token sale is not exactly ICO, but an IEO, due to the fact that it is being launched on Exmarkets Launchpad. Its preICO price is at $0.1 per coin, while the ICO price is scheduled to be $0.2 per BWN.
The project already has an available MVP, bounty, and bonus. Meanwhile, the token was developed on Ethereum's platform, which makes it an ERC-20 token. It can be obtained in exchanged for fiat currencies, Bitcoin, or Ethereum. However, the minimum investment must be $600. The token sale has a soft cap of $3 million, and a hard cap of $30 million.
It was registered in Malta, and anyone can participate apart from the US and Canada-based investors. However, participants will also have to go through a KYC procedure.
| Pre-Ico Start date | January 2, 2019 |
|---|---|
| Pre-Ico End date | June 30, 2019 |
| Industry | Communications |
| Platform | Ethereum |
| Founded | 2018 |
| Website | https://bitwings.org/ |
| Whitepaper | Yes |
| Countries | Malta |
| Start | June 3, 2019 |
|---|---|
| End | November 30, 2019 |
| 163 days left | |
| Token | BWN |
| Soft cap | $3 000 000 |
| Hard cap | $30 000 000 |
| Minimum investment | 600 USD |
| Tokens for sale | 189000000 |
| Accepting | ETH, BTC, Fiat |
BitWings say that they will work toward establishing a fair price on their devices (smartphones, laptops). That is a sketchy promise, because last time when I heard about blockchain phones, it was from Sirin Labs, and their “fair price” was more than $1000. How come this is fair? I highly doubt that BitWings would sell their gadgets for a few hundred bucks. Besides, they will be running on a proprietary OS - Safe Core, which begs to question its compatibility with major operational systems and services that is crucial to any user. All in all, while BitWings concept and tech appears to be solid, I wouldn’t invest in it simply because they might end up making products only for the devoted consumers.
The project has received excellent ratings, and it has a pretty good idea. As mentioned, it is not the first that aims to launch a blockchain phone, and similar attempts in the past have failed. However, its product appears to be excellent, and the team and vision are just as good,
Many in the industry feel enthusiastic about it, although the question still remains as to how many people outside of the crypto industry might be interested, or if any would want to mine cryptos via their phone at all. The fact is that projects such as this may have come too early. With that said, crypto and blockchain industries are advancing at a rapid pace, and it would not be surprising if the project ends up being an instant hit after all.
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