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Technology

Aloha Open WiFi

Status: Active

Oct 12th 2020 - Nov 21st 2020

32 days left

Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.

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  • £213,606
    pledged
  • 71%
    of goal

    £300,000
    target

    £7,319,147
    pre-money valuation

    3.94%
    equity available

    85
    investors

    £2,513
    pledge per investor

    11728717
    company number

    Active
    company status

    14/12/2018
    incorporated 2 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    12 Oct 20 Seedrs £213,606 / 71%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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