African Startup Wicrypt Enters Chinese Market With Partnership with Onega Ventures

Editorial Desk
By Editorial Desk 1 Min Read

Wicrypt, the African startup that allows users to share and monetize their WiFi connections, has announced that it is entering the Chinese market through a strategic partnership with Singaporean tech investment firm Onega Ventures.

The deal will see Onega become the exclusive distributor of Wicrypt devices in China, as well as provide customer support and management services.

This marks the first entry of Wicrypt into the Asian continent, where it hopes to tap into the huge demand for fast and affordable internet access.

Wicrypt leverages blockchain technology to create a decentralized network of WiFi hotspots, powered by NFTs (Non-Fungible Tokens), which are unique digital assets that represent each connected device on the blockchain.

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