Project description
Cajutel, a Swiss Internet access provider, aims at deploying its Internet broadband in Guinea-Bissau through a virtual currency fundraising. This Internet broadband network is to be fueled by solar energy: which will not only reduce its dependency on electric energy which often harms the availability of the service, but also its costs by not using fuel when the electric network fails. The company intends to fund this large scale project through a virtual currency fundraising: the "Ether" with 720 000 tokens and 60 000 added actions to check out allowances and advertising costs. A million tokens are to be retained by existing shareholders. In total, 1,78 million tokens will be circulating. In constructing a solar fueled high tech broadband Internet network, Cajutel aims at becoming a reference at providing an access to high-quality Internet access at reasonable prices.
Tags: Crypto currency
Useful links
Project summary
- Organization Cajutel
- Location Guinée-Bissau
- Creation date 16/11/2020
- Project category Digital-Infrastructures
