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.
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|Start||June 3, 2019|
|End||September 30, 2020|
|Soft cap||$3 000 000|
|Hard cap||$30 000 000|
|Minimum investment||600 USD|
|Tokens for sale||189000000|
|Accepting||ETH, BTC, Fiat|
In theory, it would have been an enormous breakthrough for the entire crypto space, if we could have a fully-operational smartphone that mines cryptocurrencies. But, as things stand, we could only dream about having such a device in some distant future. The solution offered by BitWings is hugely overpriced, while its functional capabilities remain in question. Besides, this smartphone would be suitable only for those who are loyal to Ethereum, while other cryptocurrencies were being totally ignored.
T-Bone June 3, 2020 Reply
The list of advisors to BitWings is weak as it doesn't have any names that are recognizable in the industry. Antonio Milio, the founder and CEO, had also established a couple of other telecom companies that didn’t enjoy any noticeable success, so I wonder if this endeavor would be any different. The product itself, the mining phone, has very doubtful prospects as it would be immensely hard to market and sell to customers from, let's say, Eastern Europe. One would have to order it from the central warehouse and pay additional shipping fees.
K1m_La0 October 5, 2019 Reply
It is funny to hear how BitWings presents its token by saying that it is going to be accepted in "as many as" 10 thousand physical stores worldwide. I mean, that is a drop in the ocean, why do they think that it should have convinced someone to buy their tokens. Another thing, who would buy a mining smartphone of dubious productivity instead of investing this money a real mining rig. BitWings declare the intention to become a leader in the security device sector in a few years. Well, good luck with that!
wiseCreature August 28, 2019 Reply