blockchain24.pro
23 November 2021 15:20, UTC
Reading time: ~ 2 m
The 3air blockchain platform, recently launched on the Cardano network, has completed its first round of private sale. Then the second and third rounds are expected, and public sales will begin on November 26, according to information from the official website of the company.
Users are currently registering for public sale and awaiting the results of KYC and AML checks.
The team developed a token on Cardano using the IOHK Atala Prism Identity Management blockchain solution. The token will start trading at a price of $ 0.06 on an open sale. The platform will allocate 20% of the 1 billion maximum token supply.
The developers emphasize that everything inside the platform works on smart contracts. Users will receive their tokens in their own ADA wallets after the automatic closure of sales through the app.
3air aims to close the digital divide in the African continent. Modeling the market potential in Nigeria, the company estimated that the unutilized annual revenue of Nigerian markets from Internet services is $ 60 billion.
3air uses blockchain technology to create a decentralized structure that protects user data. Internet, TV and IP telephony subscriptions will be paid for using the 3air token.
To make these plans a reality, the company has entered into several partnerships: for example, it is partnering with telecommunications service provider K3 Telecom, which will establish high-speed Internet connections in new regions within a few months.
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