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Financial overview

3air financial overview

3air is being funded partly through private funds with majority of its funds coming from 3air token seed, private and public sales.

All use of funds will be 100% transparent and used solely for the purpose of expanding connectivity through Africa and building the best ISP platform.

All vested tokens will be locked in smart contracts as will be the initial liquidity provided at DEX listing. We want to make our token holders feel safe and secure without the need for trust, after all, this is the premise of blockchain technology.

Use of funds

In principle, there should be 3 main drivers of cost:

  1. K3 Lastmile infrastructure in Africa.
  2. Platform development.
  3. Marketing.

It is to note, that majority of acquired funds should be initially used to fund broadband infrastructure building in Africa. With our partner K3 we should start building the K3 Lastmile solution proprietary technology infrastructure in Ethiopia, DRC and Nigeria once all the needed funds have been acquired. K3 has experience and detailed financial plans, confirmed in similar projects in Africa. The required funding for covering Ethiopia, DRC and 2 major cities in Nigeria (Abuja and Lagos) is $35 million. Even if this might seem tiny in comparison to traditional broadband infrastructure costs (same project would cost at least $700M), K3 technology could allow for such extreme cost reductions. This has been proven with the already operational infrastructure in Sierra Leone. Detailed financial plans and Sierra Leone operations are available for registered interested investors on 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 on DRC and Nigeria operations launch.
  • 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.
  • Frontend 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.