Wayru is building a decentralized internet network using off-the-shelf Wi-Fi nodes to provide reliable and affordable internet access in Latin America. By enabling local node operators to connect users and earn compensation, Wayru enhances connectivity in underserved areas while fostering community engagement.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many regions, particularly in Latin America, lack affordable and reliable internet access, hindering economic development and social inclusion. Existing infrastructure is often insufficient or too expensive for local populations, creating a digital divide.
Solution
Wayru is building a decentralized wireless internet network that leverages blockchain technology to provide affordable internet access. The network is built and maintained by individuals and small businesses who deploy Wayru-compatible Wi-Fi hotspots and earn cryptocurrency for providing connectivity. Users can access the internet through these hotspots using the Wayru mobile app, creating a global, unified Wi-Fi network. Wayru aims to empower local communities by enabling them to own and operate internet infrastructure, fostering a more equitable and accessible internet ecosystem.
Target Audience
Wayru targets individuals and small businesses in underserved areas who want to become internet service providers, as well as end-users seeking affordable and reliable internet access.
Features
- Plug-and-play Wi-Fi hotspots (Apocalypse, Eclypse, Prometheus) that can be deployed by individuals or businesses
- WayruOS, a proprietary firmware that turns existing devices into Wayru hotspots
- Mobile app for users to discover and connect to nearby Wayru networks
- Blockchain-based reward system that compensates hotspot operators with cryptocurrency
- Decentralized network ownership, promoting community participation and economic empowerment
- Unified global Wi-Fi network accessible in various locations, from bustling cities to remote villages