Wicrypt
- Company typePrivate
- Founded2019
- HeadquartersEnugu, Nigeria
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
Wicrypt firmographics
Firmographics- Name
- Wicrypt
- Legal name
- Wicrypt Tech Limited
- Website
- https://wicrypt.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Wicrypt industry classification
Industry- Product category
- Decentralized Wi-Fi Sharing Platform
- NAICS
- Telecommunications Resellers (517121), Wired and Wireless Telecommunications Carriers (except Satellite) (51711)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Decentralized Wireless & IoT Networks (LoRaWAN/5G/WiFi hotspots, sensor networks) (FSAPALAE)
- akta.pro secondary industries
- Carrier & Public Venue Wi‑Fi (Hotspot/Passpoint/NGH) (HDAFACAI), DePIN Hardware, Devices & Supply Chain (miners/routers/hotspots, firmware, device management) (FSAPALAJ), Wi‑Fi IoT & Device Onboarding/Provisioning (802.1X, DPSK, MDM integrations) (HDAFACAL)
Keywords
Where Wicrypt is headquartered
LocationHeadquarters
- HQ city
- Enugu
- HQ country
- Nigeria
- HQ region
- Africa
Offices1 record
Markets served
Wicrypt business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Subscription Revenue: Wicrypt generates subscription revenue from tiered plans (Free, Essential at $1.99/hub, Premium at $3.99/hub, and Premium + Entertainment at $10/hub) charged monthly or annually.
- Hardware Hub Sales: Sale of proprietary Wicrypt hotspot hub hardware devices that enable users to become network hosts.
- Host Revenue Commission: Wicrypt applies commission fees on host revenues rather than per-transaction. The commission is deducted from host fees when users purchase internet access from hosts.
- Advertising Revenue: Mobile ad billboard feature generates revenue share for hosts. Minimum revenue thresholds vary by tier ($1-8 minimum revenue before split).
- $WNT Token Ecosystem: Revenue through token economy including staking rewards, volume rewards, and incentivization programs. Wicrypt allocates approximately 25% of total token supply for incentivization organized as host rewards, activity rewards, and staking rewards distributions.
- Reinvestment Program Fee: Hosts can reinvest profits to purchase new hubs or NFTs to avoid commission fees. Deferred commission fee effectiveness applies to non-reinvested revenues.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for casual users - no cost with basic features |
| Subscription | Monthly | Essential tier for growing users at $1.99/Hub monthly |
| Subscription | Monthly | Premium tier for enterprises at $3.99/Hub monthly |
| Subscription | Monthly | Premium + Entertainment tier at $10/Hub monthly |
| Subscription | Annual | Annual billing option with up to 40% savings |
| Other | Multi-year contract | Minimum staking deposit for network participation |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Wicrypt product offering
Product offeringCore offering
Wicrypt operates a decentralized Wi-Fi sharing network that enables individuals and businesses to share, manage, and monetize any existing internet connection (fiber, broadband, or mobile data) through proprietary Wicrypt Hotspot Hub hardware running custom Linux-based Wicrypt OS firmware, accompanied by iOS/Android mobile apps. Hosts earn revenue (and consumers purchase data access) via tiered per-hub subscriptions (Free, $1.99, $3.99, $10), the Polygon-based $WNT utility token, NFT-based digital hub ownership, and an advertising revenue-share system. The platform acts as a Smart Wi-Fi Operating System layered on top of any ISP, not as an ISP itself.
Product overview
Wicrypt is a decentralized Wi-Fi sharing and monetization network built as a platform-plus-modules architecture. The core offering consists of Wicrypt OS (Linux-based firmware powering proprietary hardware routers), the Wicrypt Mobile Application (iOS/Android app for wallet management and network access), the Wicrypt Hotspot Hub (proprietary hardware router), and NFT Hotspot Hubs (digital blockchain representations). Supporting infrastructure includes Wicrypt Explorer (hub locator map), Cloud Servers (distributed network backend), and the $WNT token (Polygon-based utility and governance token). The platform is complemented by tiered subscription plans (Free through Premium + Entertainment), an Ad Monetization System, and a Staking & Wallet System. Future roadmap includes Decentralized Storage Cloud (Filecoin integration) and NFT Router Recovery System. The ecosystem enables users to share internet bandwidth and earn rewards through a software platform that tracks usage, payments, and provides analytics.
Differentiator
Problem solved
Functional benefit
Products and services
- Wicrypt Hotspot Hub (Hardware) Proprietary physical Wi-Fi hotspot hardware designed to address limitations of standard routers (low storage, low compute, short range). Hosts purchase hubs to share bandwidth; the device enables rugged on-the-go Wi-Fi hosting, supports battery and solar accessories, and batches on-chain data transactions every 20 seconds to the Wicrypt network. Targeted at individuals and businesses in Africa seeking to monetize their existing internet connection.
- NFT Hotspot Hub (Digital) On-chain (NFT) representation of a Wicrypt hotspot hub that allows digital hosts to participate in the global digital-host profit pool without physical hardware. Each NFT stores metadata including owner wallet, device type, and grade (basic or premium); premium NFT hubs earn a +50% bonus on all rewards programs and can be freely traded on DeFi marketplaces such as OpenSea. Targeted at users who want tokenized exposure to the Wicrypt network without deploying physical hardware.
- Wicrypt Network Token ($WNT) EVM-compatible utility and governance token built on the Polygon blockchain that powers Wicrypt's decentralized Wi-Fi ecosystem, used for host rewards, activity rewards, staking (minimum $100 worth of $WNT to participate in mining), and governance via the Wicrypt DAO. Listed and publicly tradable on decentralized exchanges Quickswap and MEXC. Targeted at hosts, consumers, and token holders participating in the Wicrypt network.
Quantifiable outcome
- Cost reduction of mobile internet in Africa by over 60%
- +2 more outcomes
Companies that use Wicrypt
Customer profileSegments3 records
Ideal customer profiles2 records
Wicrypt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature8 records
Wicrypt partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Polygoncore$WNT token is an EVM-compatible token launched on Polygon blockchain. Polygon provides the underlying blockchain infrastructure for Wicrypt's token operations, enabling fast and low-cost transactions for the ecosystem.
- QuickswapcoreDecentralized exchange where $WNT token is listed and publicly tradable. Provides liquidity and trading access for Wicrypt token holders.
- MEXCcoreCryptocurrency exchange where $WNT token is listed and publicly tradable. Provides additional trading access and market exposure for Wicrypt token.
- FilecoinminorFuture planned integration with Filecoin for decentralized storage cloud. Wicrypt plans to connect nodes to Filecoin-powered decentralized storage network, allowing hubs to act as cloud storage devices as well.
Scale indicators4 records
Recent moves6 records
Expansion highlights3 records
Wicrypt competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Wicrypt social profiles
Digital presenceWicrypt compliance and trust
Trust signalCompliance1 record
Wicrypt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wicrypt leadership team
Management profileNumber of profiles
Profiles3 records
Wicrypt funding detail
Funding detailFunding overview
Funding rounds5 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wicrypt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wicrypt
What does Wicrypt do?
Wicrypt operates a decentralized Wi-Fi sharing network that enables individuals and businesses to share, manage, and monetize any existing internet connection (fiber, broadband, or mobile data) through proprietary Wicrypt Hotspot Hub hardware running custom Linux-based Wicrypt OS firmware, accompanied by iOS/Android mobile apps. Hosts earn revenue (and consumers purchase data access) via tiered per-hub subscriptions (Free, $1.99, $3.99, $10), the Polygon-based $WNT utility token, NFT-based digital hub ownership, and an advertising revenue-share system. The platform acts as a Smart Wi-Fi Operating System layered on top of any ISP, not as an ISP itself.
Is Wicrypt a public or private company?
Wicrypt is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wicrypt founded?
Wicrypt was founded in 2019. It employs 1 to 10 people.
Where is Wicrypt based?
Wicrypt is headquartered in Enugu, Nigeria, in the Africa region.
How does Wicrypt make money?
Six revenue lines are on record. Subscription Revenue is the primary driver. The others are hardware Hub Sales, host Revenue Commission, advertising Revenue, $WNT Token Ecosystem and reinvestment Program Fee.
Does Wicrypt have an API?
No public API is recorded for Wicrypt.
What industry is Wicrypt in?
Wicrypt's product category is Decentralized Wi-Fi Sharing Platform. Its primary akta.pro industry code is FSAPALAE, Decentralized Wireless & IoT Networks (LoRaWAN/5G/WiFi hotspots, sensor networks), with a secondary code of HDAFACAI, Carrier & Public Venue Wi‑Fi (Hotspot/Passpoint/NGH). Its NAICS code is 517121 and its SIC code is 3576.