We expect app users to grow exponentially. Initially, users could potentially come to the platform through the K3 partnership. There are already over 2.000 active K3 customers who could port to the 3air platform once it’s operational. As we build our infrastructure throughout Africa, we expect an exponential growth in users even through this partnership alone. This partnership may help generate traction once the platform is operational and could potentially bring 400.000 active users to the platform by 2026.
Expected user growth from the K3 partnership, according to the roadmap and real-world data from Sierra Leone:
Potential users from K3
Figure 23 3air user growth prediction
Note, that these numbers include only our K3 partnership. We aim to onboard other ISPs on the platform, potentially reaching 1 million users by 2025.
This only highlights the potential volume of active users on the platform.
Using real-world data from K3 Sierra Leone, the average revenue per user sits around $130 per month. Sierra Leone is one of the lower-income countries even relative to its African neighbors, so we expect that the average revenue in other African countries will not fall below this mark.
With a 3% fee on the turnover (due to special terms agreed upon with K3), 3air could grow quickly and sustainably with the K3 partnership alone. With other ISPs joining the platform, revenue could potentially grow exponentially.
3air revenue from K3 partnership
Figure 24 3air revenue growth prediction
If we reach 1M users by 2025, 3air revenue could potentially equal $180M.
Evaluating a token economy is challenging. As of yet, there is no distinct formula to determine the value of a crypto project. That is why we have turned to traditional models to determine the potential value of the 3air platform and have tried to compare it to similar projects in the crypto space.
The most widely used metric to evaluate telecom companies is the EV/EBITDA method. Considering the K3 partnership alone, the 2025 valuation of 3air could potentially be over $2.1B.
Figure 25 3air valuation prediction