Aloha is pioneering the decentralized Wi-Fi hotspot space following the start of trading on ProBit Exchange with a core objective of enabling seamless peer-to-peer mobile data sharing. Globally, 67% of smartphone users fail to use their total monthly bandwidth allocation, resulting in paid-for-data going to waste. Aloha (ALOHA) makes this problem one of the past, enabling frictionless monetization of remaining user bandwidth assets.
Aloha is making major inroads into the Korean NFT market with an innovative NFT platform that rewards ALOHA stakers with tiered sets of rare NFTs based on the preset staking amounts and durations. The response to this structured NFT access was overwhelming with over 8.5 million ALOHA tokens staked within 24 hours of launch.
Aloha NFTs offer a thoughtful divergence from the current NFT culture, granting holders exclusive perks, myriad incentives, and governance rights centered on its founding vision of remaining community-driven. NFT holders are awarded 1 to 50 votes depending on the rarity of the NFT and plays a crucial role in bolstering ecosystem longevity and enables direct influence on Aloha’s expansion.
The employed governance protocol and DeFi functionality foster a committed community as well as shared platform rewards in the form of a proportion of the 3% fees for each claimed NFT distributed to all NFT holders.
Aloha has ambitious growth targets supported by extensive market research, pointing towards their projected valuations of nearly $200m by 2023. Boasting over 100,000 pre-registered Aloha DeFi users and a market size of over 3.5B users globally, Aloha’s growth targets are conservative.
Aloha is no stranger to the front of innovation, setting a precedent with their peer-to-peer Wi-Fi hotspot with DeFi integration and the early stage success of their staking-based NFT platform. Grounded on a communal-based ecosystem, Aloha continues to address consumer clamour with the implementation of novel functionalities and services at key stages of development.
Aloha has a full pipeline of ambitious project ventures planned for 2021 highlighted by its key business application set to launch during Q2 2021 to complement the Aloha app which currently services both Android and iOS retail users.Â
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ABOUT ALOHA
ALOHA is the governance token for the Aloha DeFi ecosystem. ALOHA tokens are the cornerstone of the Aloha global reward system and can be traded with other cryptocurrencies and subsequently converted to fiat. ALOHA tokens operate in tandem with Aloha Bucks, the ecosystem micro reward system centred around fueling local community growth rather than on a global scale.
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