Financial overview
3air is being funded partly through private funds, with most of its funds coming from 3air token seeds and private and public sales.
All funds will be disbursed in 100% transparent channels and used solely to expand connectivity throughout Africa and build the best ISP platform.
All vested tokens will be locked in smart contracts together with the initial liquidity provided upon DEX listing. We want to make our token holders feel safe in a trustless system as facilitated by blockchain technology.
Use of funds
In principle, there should be 3 main cost drivers:
- K3 Lastmile infrastructure in Africa.
- Platform development.
- Marketing.
It is worth noting that most of the acquired funds will be initially used to fund broadband infrastructure building in Africa. With our partner, K3, we will start building the K3 Lastmile solution proprietary technology infrastructure in Ethiopia, DRC, and Nigeria once all the needed funds have been collected. K3 has the experience and detailed financial plans confirmed in similar African projects. The funding required to cover Ethiopia, DRC, and 2 major cities in Nigeria (Abuja and Lagos) is $35 million. Even if this figure seems meager compared to traditional broadband infrastructure costs (the same project would cost at least $700M), K3 technology reduces costs significantly. This has been proven with the already operational infrastructure in Sierra Leone. Detailed financial plans and Sierra Leone operations are available for registered and interested investors upon request.
Funds usage per initial token distribution is planned to be as follows (subject to change due to business, economic and other circumstances):
- Seed and presale:
- Market analysis, document preparation, incorporation.
- Document preparation, legalities, private sale preparation, Pre IDO marketing.
- Ethiopia, DRC and Nigeria operations.
- Post launch marketing, platform development.
- Airdrops: dropped to the community when operations launch in DRC and Nigeria
- Ecosystem: Ethiopia, DRC, and Nigeria operations, platform development, infrastructure for additional countries
Other distributed tokens usage should be self-explanatory.
K3 Lastmile solution infrastructure (Ethiopia, DRC and Nigeria) could include but is not limited to:
- Acquiring a license.
- Initial infrastructure setup.
- User inventory.
- Staffing.
- Marketing.
- User support.
- Infrastructure maintenance.
Platform development could include but is not limited to:
- Development of smart contracts.
- Integration and updating of the existing metering and billing system.
- Integration with third party services.
- Development of proprietary API.
- Secure wallet creation.
- Implementation of the voting/governance system.
- Implementation of microloans.
- Development and integration of staking services.
- Front-end development of ISPs
Marketing could include but not be limited to:
- Strategic development.
- Website listings.
- Influencer outreach.
- Brand development.
- Email campaigns.
- Content creation (textual, visual, audio).
- Social media publishing and community building.
- Website authoring, design, and development.
- Link building.
- Adds creation and placement.
- PR
- Analytics
Additional areas of funding are:
- Legalities and regulations
- Client support
- ISP support
- Exchange integration
Planned monthly costs
General costs overview
Table 8 3air monthly costs overview
| month | Total | General | Platform | Marketing | Other | Ethiopia | DRC | Nigeria | Congo Brazzavile | Ivory Coast | Ghana | cumulative |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2021 | $110,000 | $10,000 | $60,000 | $40,000 | $110,000 | |||||||
| September 2021 | $90,000 | $10,000 | $40,000 | $40,000 | $200,000 | |||||||
| October 2021 | $100,000 | $10,000 | $40,000 | $50,000 | $300,000 | |||||||
| November 2021 | $175,000 | $20,000 | $25,000 | $70,000 | $60,000 | $475,000 | ||||||
| December 2021 | $115,000 | $20,000 | $25,000 | $40,000 | $30,000 | $590,000 | ||||||
| January 2022 | $1,115,000 | $20,000 | $25,000 | $40,000 | $30,000 | $1,000,000 | $1,705,000 | |||||
| February 2022 | $645,000 | $20,000 | $25,000 | $40,000 | $60,000 | $500,000 | $2,350,000 | |||||
| March 2022 | $640,000 | $20,000 | $50,000 | $40,000 | $30,000 | $500,000 | $2,990,000 | |||||
| April 2022 | $1,180,000 | $20,000 | $50,000 | $80,000 | $30,000 | $1,000,000 | $4,170,000 | |||||
| May 2022 | $670,000 | $20,000 | $50,000 | $70,000 | $30,000 | $500,000 | $4,840,000 | |||||
| June 2022 | $3,650,000 | $20,000 | $50,000 | $50,000 | $30,000 | $500,000 | $3,000,000 | $8,490,000 | ||||
| July 2022 | $3,150,000 | $20,000 | $50,000 | $50,000 | $30,000 | $2,000,000 | $1,000,000 | $11,640,000 | ||||
| August 2022 | $1,950,000 | $20,000 | $50,000 | $50,000 | $30,000 | $800,000 | $1,000,000 | $13,590,000 | ||||
| September 2022 | $3,850,000 | $20,000 | $50,000 | $50,000 | $30,000 | $700,000 | $1,000,000 | $2,000,000 | $17,440,000 | |||
| October 2022 | $4,845,000 | $45,000 | $120,000 | $50,000 | $30,000 | $600,000 | $3,000,000 | $1,000,000 | $22,285,000 | |||
| November 2022 | $2,245,000 | $45,000 | $120,000 | $50,000 | $30,000 | $500,000 | $1,000,000 | $500,000 | $24,530,000 | |||
| December 2022 | $2,245,000 | $45,000 | $120,000 | $50,000 | $30,000 | $500,000 | $1,000,000 | $500,000 | $26,775,000 | |||
| January 2023 | $5,745,000 | $45,000 | $120,000 | $50,000 | $30,000 | $500,000 | $1,000,000 | $2,000,000 | $2,000,000 | $32,520,000 | ||
| February 2023 | $3,445,000 | $45,000 | $120,000 | $50,000 | $30,000 | $400,000 | $1,000,000 | $800,000 | $1,000,000 | $35,965,000 | ||
| March 2023 | $2,445,000 | $45,000 | $120,000 | $50,000 | $30,000 | $1,000,000 | $700,000 | $500,000 | $38,410,000 | |||
| April 2023 | $2,345,000 | $45,000 | $120,000 | $50,000 | $30,000 | $1,000,000 | $600,000 | $500,000 | $40,755,000 | |||
| May 2023 | $4,805,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $2,000,000 | $2,000,000 | $45,560,000 | |||
| June 2023 | $2,605,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $800,000 | $1,000,000 | $48,165,000 | |||
| July 2023 | $2,005,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $700,000 | $500,000 | $50,170,000 | |||
| August 2023 | $1,805,000 | $45,000 | $180,000 | $50,000 | $30,000 | $400,000 | $600,000 | $500,000 | $51,975,000 | |||
| September 2023 | $4,805,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $2,000,000 | $2,000,000 | $56,780,000 | |||
| October 2023 | $2,605,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $800,000 | $1,000,000 | $59,385,000 | |||
| November 2023 | $2,005,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $700,000 | $500,000 | $61,390,000 | |||
| December 2023 | $1,805,000 | $45,000 | $180,000 | $50,000 | $30,000 | $400,000 | $600,000 | $500,000 | $63,195,000 | |||
| January 2024 | $2,805,000 | $45,000 | $180,000 | $50,000 | $30,000 | $500,000 | $2,000,000 | $66,000,000 |
Detailed financial plan is available for registered investors on request.