With more than half the world's population not having access to the internet, and about 57% of Africa's population having too expensive, poor, or no internet access at all. Confounders Hatim Zaghloul CEO. and, Mr. Hani Hebishi. The Director. with the corporation and Input of an excellent professional team, has proposed Futira Ltd LCC as a sustainable solution for the vast majority of unconnected Africa, and the world at large, and, at a subsidized rate. This innovative invention would use Futiratoken as the main exchange value.
The lack of internet is positively correlated with economic growth and has established the digital divide where some people are connected and others are not. The mobile industry globally represents 5.1% of the gross domestic product. Needless to say, providing high-speed mobile telecommunications to the poor countries will help them improve their GDP and in turn, will lead to higher spending on telecommunications. This positive cycle will keep going till these countries fully develop. So, introducing low-cost mobile operator services using technologies that are at a fraction of the cost of technologies deployed in advanced nations can be profitable in the short term and extremely profitable in the medium and long term.
Utilizing the blockchain offers a unique opportunity by allowing the use of a coin. Futira Coin will act as the means of funding for the network.
ABOUT FUTIRACOIN
Futira Coin is unique as it’s one of the few cryptocurrencies backed by a real-world commercial business, meaning that as long as the network exists the Coin should not lose its value. On the contrary, the Coin should increase in price because of demand and fiat currency inflation. Also, Futira is backed by known businessmen: Dr. Hatem Zaghloul who is credited as the co-inventor of the technologies that led to the introduction of the high-speed WiFi, 3G, WiMAX, LTE, and 5G, and Dr. Hani Hebaishi, the man who single-handedly brought over $400M of investment into Georgia.
Once the network is built, it will be the only means of having credit on the network. This ensures continuous demand for the coin.
The average user does not need to know anything about the coin. He will be buying credit on the network at a rate he understands in his local Fiat currency.
The credit will be converted to Futira Coin in the system. The user (not the investor) will be guaranteed that if his credit drops below what he paid in his Fiat currency, he will get the value of the credit he paid. If the credit increases, he can use the extra credit he gained.
FUTIRCOIN GOALS.
The Innovative has three major goals, which are:
Inovatian will issue tokens/coins to cover the network cost. We are raising funds privately and plan to go public with our fundraising efforts by February 25, 2022. We plan to raise around $400,000,000 (four hundred million US dollars) during this period with a minimum of $4,000,000 (four million US dollars).
The funds will be used to build networks in Chad, Mauritania, Pakistan and other countries around the equator including covering remote areas in advanced countries like Malaysia.
Funding the network, its operation, and services will be through the Futira Token/Coin.
As an example, Chad’s total population is approximately 15 million citizens; we are targeting one million subscribers by the time we finish the first network installation (in approximately eighteen months); worst case scenario the one million subscribers should pay on average USD 10 for various services, therefore the revenue generated will be as follows: approximately US $10,000,000 per month or US $120,000,000 per year.
Half of this revenue will be profits. The profits will be used to build networks in other countries. The network cost is not expected to exceed $60,000,000. We can see that all these users will be performing multiple transactions on a daily basis putting a lot of demand on the network.
VISION & MISSION (Why Futiracoin?)
Innovation vision is to be the leaders for all the unconnected starting from Africa, leading to democratizing telecommunications so that all providing hardware can share in the revenue. The addressable market that we are targeting is in excess of two billion people. About nine hundred million of them are concentrated in Africa. Innovation's mission is to connect the unconnected whilst making substantial value for our coin.
SUMMARY
There are millions of other cryptocurrency tokens with proposals that are quite an eye catching but not feasible as they lack real proof of sustainability. However, FutiraCoin is one of, if not the only Cryptocurrency token with a real-world market, and two notable telecommunications and economic developers as its main founders. To not purchase a stake in this would be to sit by and watch a lifetime opportunity pass away.
ADDITIONAL CONTACT.
Website: https://futiracoin.com/
Whitepaper: https://futiracoin.com/wp/FutiraCoinWhitePaper.pdf
Telegram: https://t.me/futiracoin
Twitter: https://twitter.com/FutiraCoin//
Facebook: https://www.facebook.com/FutiraCoin/
Instagram: https://www.instagram.com/FutiraCoin/
YouTube: https://www.youtube.com/channel/UCRvrRaAc2GaVtRX0CKaEDoA
Discord: https://discord.gg/U5YU8yhsdB
ANN 1: https://bitcointalk.org/index.php?topic=5388577.0
ANN 2: https://bitcointalk.org/index.php?topic=5387994.0
The Author's Info;
Forum Username: Ikporukpo
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767573
Wallet Address: 0xfB5DEd82e572E0D0AE17cc97f833b85C95E80955
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Awesome project
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