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Cajutel is a cryptocurrency project that aims to establish effective communication irrespective of geographical complexities. The brains behind the project vision to offer high-speed internet at a reasonable cost in Guinea Bissau and Sierra Leone. The project is removing the disparity and bringing the world closer. Experts believe that with such a healthy strategy and marketing plan, the firm can potentially address the local market’s needs. Indeed, such an innovative project has the true potential to shape the future.
Cajutel has a millennial mission
Cajutel is focusing on achieving its goal of offering mobile internet with a never-before-seen feature-rich platform of broadband services. While making a customer base, the firm is currently working on establishing more mobile towers.
The team behind the project tries their best not to make mistakes like other telecommunication service providers. Hence, CAJ is increasing its volume at a steady pace to meet the required demand.
Network bands across West Africa
Today when the world is running towards technological advancement, we can witness innovations like the blockchain, artificial intelligence, and quantum computing. However, where technology is becoming our basic necessity for ease of living, West African nations still have the internet. Most of the nations in the region lack a 2G network.
Following the need of these nations, CAJ, with its experienced team, came forward with an initiative to offer cheaper internet.
How will the project address the needs of the local market?
According to the project’s whitepaper, it has been observed that Cajutel has a healthy marketing plan. Features like speed, availability, and service quality will help the firm be unique in the market.
There are only weaker players in the market in the current scenario, which provides an excellent way for the project to boom. According to the management behind Cajutel, their project can take the market by storm.
Establishing networks is challenging
The countries that the team behind Cajutel chose to start with are in West Africa. Following the Geographical landscape, it is deemed that establishing network towers and bands is way challenging.
According to Andreas Flink, the firm will be using a few existing cables and solar systems to connect the nations over the internet. Such a strategy helps them complete the challenging task of establishing network towers across the three nations.
CAJ’s boom is 10x faster than AOL in the US
The communication firm has already begun to attract new customers who seek such services. Following the scenario, experts in the cryptosphere compare the firm’s growth with what AOL did in the United States.
However, the rapid growth of Cajutel has been considered ten times faster than AOL’s due to wider availability.
CAJ tokens act as shares
Cajutel is raising funds using the CAJ crypto tokens to achieve its goals. Similar to shares, the holders of the token will get a dividend. Later, the team plans to issue more of the tokens that will help transfer funds from one branch to another due to poor banking infrastructure in the nation.
As the establishment of network towers are over, the team also announced that it has begun to facilitate its services. Hence, the token holders will soon start receiving dividends. In contrast, with less competition in the market, the firms’ operations are going to be profitable. As promised, all the token holders will get $1000 for each of the tokens they hold.
The nation with a population of 1.7 billion is still ranking below in terms of literacy, GDP per capita, and human development index. And the solution being introduced by Cajutel seems to solve all the nation’s issues potentially.
