Cajutel ICO

The project description is on https://www.cajutel.gw
The whitepaper is on https://www.cajutel.gw/whitepaper.pdf
The full businessplan is on https://www.cajutel.gw/investor/
The ICO platform is on https://www.cajutel.io

The project is to build sustainable infrastructure in west africa to server the large public with solar powered highspeed broadband internet. It is a traditional business case to set up an ISP in a almost virgin market which is quite rare. The business plan defines in detail the potential revenues and is highly profitable but capital intensive due to the fact that all infrastructure has to be built from scratch. Thats why we turned to ICO to raise the needed capital. We have to build power, fiber, radio towers everything ourselves which is a pain (initial costs) and a gain (independence, low cost of operation).

The platform used is Ethereum smart contracts. You buy a token by sending ethers to the smart contract address listed on https://www.cajutel.io.

The team members consist of:

Andreas Fink, CEO (myself, Swiss), 25 years of experience in telecommunications. In 1992 I had started up an internet provider named Ping Net GmbH in Switzerland, in the very early days of the internet. Ping Net GmbH was the first ISP focusing on individuals in the country. It became 1998 a full featured telecommunications company before it was sold to World Online International a pan European internet service provider which went IPO shortly after. I then worked for Cisco Systems in the area of SS7 signaling and telco switching until in 2001 I started Global Networks Switzerland AG (now SMSRelay AG) which develops and builds GSM infrastructure for mobile operators and provides messaging services. Global Networks Switzerland AG also have established a GSM network in Antarctica. In 2003 I launched BebbiCell AG, a mobile virtual network operator (MVNO) initiative with combined GSM/ VoIP services offerings which was successfully sold a couple of years later. In 2007 I aquired a GSM License in Iceland and built a network there. In 2010 purchased the failing e-max network in Iceland to converge it into mobile high speed network for the country. e-max has been sold in September 2013 to 365 ehf, the new 4G LTE license holder in Iceland and will serve as the base of their network rollout. The e-max network had over 500 base stations covering a big portion of the population, especially in the rural areas. (https://www.linkedin.com/in/afink/)

David Vine CTO, David is of British origin but has lived the last 25 years in various west african countries. He currently holds a Guinea Bissauian passport and a British one. He has build TV and radio broadcast stations and MMDS relays in Senegal and Guinea- Bissau and knows very well on how to build low cost networks and how to deal with African government and institutions. He is well networked within the region which is vital for this project. He currently lives in Dakar, Senegal, but is in the process to move to Bissau to handle this project. (https://www.linkedin.com/in/david-vine-950445b9/)

Anita Lokica, Procurement Manager. Anita has worked for Andreas Fink on various infrastucture projects in Iceland in the past. She is very experienced in dealing with suppliers from around the world and make sure the needed infrastructure elements arrive in time. Her experience in Icell ehf and DataCell ehf are very valuable to building up the network in the fastest time possible.

Sachin Bhargava, Social Media & Marketing. Sachin has joined us recently to deal with all the marketing aspects of our ICO and the social media. He has over 10 years of experience in information and telecommunication industry. After completing his degree in technical, he started his career with a reputed Telecom Company Infratel and his hard work and performance was really appreciable. Later, he worked in leading multinational company Wipro on the designation senior project manager and currently he is the project manager in the leading IT Company and manages the projects and highly focused to serve the best work to their client. He is fully dedicated to Cajutel.

The distribution of tokens is 1'780'000 tokens in total out of which 60'000 are reserved for marketing activities and bounties and 720'000 have been issued for the ICO and 1'000'000 is held by existing, pre ICO investors. The 720'000 tokens sold are split into 5 phases as stated earlier in this thread. Tokens can not be mined. Increasing the number of tokens would require a shareholding assembly to decide to increase the number of shares.