On Saturday, November 13th, 2021 *Sandi Bitenc*, CEO of 3Air, participated in an Ask Me Anything (AMA) on Crypto Mutant's Telegram Chat to inform all the community with everything that 3Air will bring to the crypto world.
A Transcript of the AMA can be found below, along with important links to the live messages.
Ali (Crypto Mutant Team):
There will be 4 segment
Segment 1 Introduction segment : we will mute the group and Guests will introduce them and there project we will ask some Questions.
Segment 2 Twitter Segment : 5 Best Twitter Questions choosen by 3Air team,
Guest will Answer the Questions.
Segment 3 Q&A segment : after unmute of group users can ask questions we will mute group again in 5 minutes. 5 best Questions will be choosen as winners.
Segment 4 Quiz Segment : In Quiz segment there will be 10 Questions top 8 win. 15 seconds to Answer, Questions bot will be used for Quiz. Manually this time for 3Air.
Ali (Crypto Mutant Team):,
I am Ali community director of CryptoMutant i will host this AMA 🔥
Welcome to CryptoMutant
Sandi Bitenc,
Thanks Ali. And hello to everyone
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Welcome let's Start AMA with our introduction Questions 🔥
Are you Ready ?
Sandi Bitenc,
Bring it on 😎
Ali (Crypto Mutant Team):,
Kindly give us a brief introduction about yourself before we commence.
Sandi Bitenc,
Well.. I'm the CEO of 3air and I'm in the crypto space since a few years. I've made quite good for myself and now I'm looking into projects that can help others.
I've been an intrepreneur since my Teens and I've helped build a successful registratar from the ground up
Ali (Crypto Mutant Team):,
Wow Awesome let's move to our intro Question ⁉️
Sandi Bitenc,
sure.. I can tell you lots more about myself but you go ahead :)
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] We are really interested to know
Maybes iam more then other
Sandi Bitenc,
I'm a full stack developer myself but I have also leading experince. I've been very successful in leading a company in the gaming market in the past.
I'm also a passionate sports man with my passion being Apnea diving
I actually hold a WR record in 24 hour apnea diving that was set in 2009.
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Wow 😳
I've been helping people with my knowledge in functional medicine in the last years. Was really rewarding but now I'm back into the computer world and blockchain I fell in love with ❤️
thats in short about me
Ali (Crypto Mutant Team):,
Wow Awesome 😎 well i read about your project,
you gona change the Blockchain world, iam with you
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Ok sure so we gona move to some introduction Questions
Are you ready 😎
Sandi Bitenc,
Lets go 🚀
Ali (Crypto Mutant Team):,
Ok here my FIRST Question coming
Q1) How do you provide stable and fast connectivity in Africa?
Sandi Bitenc,
We have a proprietary solution named K3 Last mile that we utilize to create a stable and fast link over air. We can deliver up to 1 Gbps over air and our base stations have up to 50km radius range. In general, our base stations have 240x more throughput than a mobile tower and 5x the range. So with 2 to 3 towers we can already cover a big city and scale up when needed. We can connect around 15.000 end users to one base station. The connection can be used for everyday internet access but we also provide more than 150 digital TV channels in HD quality and IP telephony on the same link.
Ali (Crypto Mutant Team):,
Ok 2nd Question coming
Q2) How does the blockchain model fit into 3air?
Sandi Bitenc,
We are strongly focused on developing countries, specifically Africa at this point. The issue there is lack of financial services, so we run into payment problems and identities problem. This are the first 2 problems we are solving with blockchain. The next thing is the advancements in loyalty programs and 3air token will be needed to get discounts on services. Another thing are agents or referrals that will get different commissions and different statuses depending on token holdings. Payday loans and other microloans will be part of our platform with 3air serving as collateral or cross-collateral. We are decentralizing the whole platform with time so 3air is also a community token and will have the rights over the community pool funds that will come from the company token buybacks. The governance can decide to burn or use the funds to provide funding for local projects. Additionally, we will be able to provide funding to our fist time clients in giving them some free tokens but locking them up for at least 12 months. Then they can use those tokens to buy their own HW that’s being provided by the company, so the tokens go back to the company. Then we have our sharing economy that’s locking up tokens again and driving additional revenue. And staking… And that’s only v1. V2 will tackle a lot of telecom issues with privacy, data sharing, fraud prevention, bandwidth distribution and tokenization…
Ali (Crypto Mutant Team):,
Awesome 😎 we can move to 3rd Question after this we start twitter Segment
Ali (Crypto Mutant Team):,
Q3) At what stage is your project right now? What have you done until now what still needs to be done?
Sandi Bitenc,
We are currently operational in the traditional sense in Sierra Leone. The K3 last mile tech is fully developed and working perfectly. We have an inhouse telecom management system developed that we now need to move over to the blockchain. So we need to build the blockchain part of the platform and then we want to expand to new African countries as fast as possible to get as much of the market share as possible.
Of course v2 is still in the idea and research phase ATM but we have a good understanding of the problem and how to solve it.
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Wow you are really Making something special ☺️
Sandi Bitenc,
Thanks, we believe this also ❤️ It'll help lots and lots of people
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] This was need alot of people facing this issues
Ok introduction Segment Ended here we will move to our Twitter Segment with 5 Question
Twitter Segment started
Ali (Crypto Mutant Team):,
Q1) Can you introduce 3air, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
https://twitter.com/AnnaKeysie?t=HTtEzItoz-fur6Zt0ZaHHw&s=09
Sandi Bitenc,
3air is a blockchain based platform focused on solving current issues of telecoms. It’s split in 2 ways and one is building out the infrastructure that enables fast and stable broadband connections, digital TV and IP telephony in developing countries where it is right now impossible to dig trenches and lay cables. With our technology we can do it over the air at the same quality as a cable.
The second is to provide easy to access broadband services, digital identities and bankless payment system, to give users the option to own their own hardware needed to connect, to create free and shared internet access points, bring decentralized finance to 3air users, provide staking opportunities and help telecoms manage data privacy and sharing, security and fraud prevention and bandwidth distribution and tokenization. So lot’s of stuff going on in 3air right now.
The main advantage is that we have a working solution and with this we already know what customers we will be onboarding to our platform. We have a progressive userbase, ready to explore and test out our new revolutionary features within the telecom space and with that we are more agile than other telecoms. We will be the first mover in this space.
Ali (Crypto Mutant Team):,
Q2) Can this connectivity help Africa to emmerge faster and are the radiations emitted from this connectivity harmful for this African population ?
https://twitter.com/nzeagnieric?t=vqZfbgJTd9Q5o6yatdMIsw&s=09
Sandi Bitenc,
Just imagine you wouldn’t have internet access at home. Our phones and computers are almost useless without Internet. There’s lot’s of such people still in Africa. Only 20 to 30% of people have internet access. It’s impossible to be competitive without the information that the internet brings. Just imagine the possibilities of online education. It can be so empowering. And imagine being able to apply for an online job as you finally have a stable enough connection. Businesses can communicate efficiently locally and globally and sell their products, find suppliers and distributors. E-health, e-government, banking… The potential is just unlimited.
In regards to radiation no study has shown any harmful effect on humans or animals. We are using frequencies that are commonly used even in the radio range and with our focused streams it’s has as little influence on the surroundings as possible. So no, damage to environment from our technology.
Ali (Crypto Mutant Team):,
Thanks for Answering
3rd Question coming
Q3) What are your current plans to onboard new clients and what market are you targeting?
https://twitter.com/AnkitMu28724509?t=-1EyR0VLdv5yi9mjoJFOyg&s=09
Sandi Bitenc,
We are targeting the unconnected people in cities of Africa. We are providing a level of connectivity that is the same as in the developed world and that’s just not present in Africa yet as there’s no cable infrastructure present. Therefore it’s a big need for technology like ours. We are already operational in Sierra Leone and right now building in DRC. Next we want to go to Nigeria. Nigeria alone has a $60 billion 🚀 of untapped yearly revenue in broadband services. We plan to connect over 1M people by 2023 and over 10M by 2026. We plan to open up 3 new countries per year with our technology so this will bring lot’s of people to the platform. And we will be connecting to other telecoms to get additional adoption and create an easy roaming environment that will benefit everyone involved, also the token holders.
Ali (Crypto Mutant Team):,
Thanks for Answering
2nd last Question coming
Q4) Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
https://twitter.com/nguyenhoang2508?t=Ft-64HZCQKe18mKyfH3LPw&s=09
Sandi Bitenc,
- The K3 last mile solution – the only technology that can be deployed in Africa’s cities right now to get the broadband internet.
- Guaranteed adoption of the 3air platform with the users we are connecting to the internet
- The knowledge of being a telecom operator and the blockchain knowledge of our team, paired with users that are willing to adopt new technologies fast
We are ahead of our competitors because we are the only ones with the technology that can bridge the digital divide in Africa right now. It’s simply impossible to lay cables to connect to internet there and mobile is just not strong enough, but we can do it over air and we have done it before in Sierra Leone, so the tech works perfectly.
The advantage of our platform is that we are solving a real problem that we had when everyone comes into our offices each month to pay for the internet. It’s impossible to handle so it’s something everybody want’s and needs. And I know we have identified painpoints of each telecom in regards to data sharing, privacy, security and similar, that can be solved with blockchain technology. We have the knowledge from telecoms, blockchain and we have users willing to adopt new technologies. It’s a win win win. 🤩
Ali (Crypto Mutant Team):,
Thanks for Answering
Last Question coming
Q5) 1. What are upcoming major plans before the end of current year 2021? Are you still keeping up with your roadmap? What about listing were we can trade?
- what will be your next big targets in 2022? Is your project is going to moon with any celebrity?
https://twitter.com/ayan11200?t=IDBmeQgNFlvcQbEOCsMKog&s=09
Sandi Bitenc,
The major plan until the end of the year is to get the public and private sales closed. We are very well within our roadmap. We want to list as soon as possible after the successful public sale so that could be something that would be done this year or early next year, depending on the progress.
We are talking to some exchanges but can’t tell exactly which ones. We are also looking into DEXes as we think this is the best way to launch a project these days. We will look for a reputable exchange with enough liquidity. We will provide the first liquidity and leave it locked for 3y minimum, so there should be the option for good trading. We’ll take care to list as soon as possible after successful presale.
In regards to our targets, we have lot’s to do 😊. First we are right now entering DRC so we want to connect first clients by end Q2. The same is with Nigeria that we want to open next starting right after the successful public sale. We would like to connect first clients in Q3 there. The platform v1 should be ready by Q3 and microloans should be coming out by Q4. We would like to have around 250,000 people using our platform by end of next year.
In regards to celebrities it is not unheard of to have someone being the face of a telecom or crypto. Both are really suitable for this and for sure we will do something like that in the future but with focus on our local market in Africa. Nothing is planned yet though.
Ali (Crypto Mutant Team):,
Awesome 😎 we are gona move to our live Q&A
Where storm is waiting for it 😂
Sandi Bitenc,
🤪
Next segment starts: Live questions
Ali (Crypto Mutant Team):,
Are you Ready ?
Sandi Bitenc,
I hope so 🤣
Sandi Bitenc,
wow.. that was just insane right now. It's over 22.000 questions.. How the heck should I pick now? 🤣
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] 😂
Hope you enjoy?
(Unknown user),
🙏🙏
COVID 19 has slowed down many economies around the world, but as a cryptocurrency business, has it affected your project negatively or positively?🔥🔥
Notty Girl,
Hi sir,
Staking program is very important for
any project, Can i stake your token???Do you have any plan of starting staking program? Thank,s sir..Hi sir,
Staking program is very important for
any project, Can i stake your token???Do you have any plan of starting staking program? Thank,s sir..
Dream Girl ~Beyonce,
Most investors focus only on the short-term price rather than the real value of the project. Can you tell about the long-term benefits for investors in the project?
🍀🍀Haruto🍀🍀,
Revenue is a very important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model ? thank
(Unknown user),
Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
Sandi Bitenc,
[In reply to (Unknown user)] During COVID most people have been locked at home and companies have been working online. Lot's of Zoom calls and similar so everyone was using the Internet to connect to watch movies so the demand for our services was raising by alot. COVID is driving the need for our services so in this regard it's good for the type of business we are doing.
Sandi Bitenc,
[In reply to Notty Girl] I get asked a lot about staking and yes, we have staking in mind. At first we will have an early staking pool available and vith v2 we will be moving onto our own chain that will be proof of stake.
The second staking will be from the company itself as each new user will get some coins for free but staked for 1y and with that coins they will be able to pay off the HW that we will provide to them, so lot's of staking and token lockup there.
And third will be staking as insurance proivders for the access points for shared bandwidth. This will be earning revenues from acquired services….
Sandi Bitenc,
[In reply to Dream Girl ~Beyonce] Well if you look at how our system is set up it makes sense to stay in longer. So we will be expanding quickly to other countries that means onboarding new and new clients constantly that drive the adoption of the platform. With each client tokens get locked up and taken out of circulation and also the company will buyback tokens from the fees that they will generate. These tokens will then go to the community pool to decide what to do so either burn them or fund some promissing local projects. Each 3air token will have a voting right and will also get rewarded for voting.
Sandi Bitenc,
[In reply to 🍀🍀Haruto🍀🍀] Yes, you are right. The revenue will be generated through the platform as each client that want's to get internet connection or TV at home needs to buy it through the 3air platform. The fee is then spread out to the telecom providing service and 3air providing the platform. With $60 billion untapped revenue broadband in Nigeria alone there's more than enough to keep the project long term sustainable and profitable and one of the most adopted crypto in the space.
Sandi Bitenc,
[In reply to (Unknown user)] Yes 3air is also a community token. We value our community greatly and the aim is to fully decentralize the 3air platform at one point. So the community at first will have to voting right over the community pool. There will be the option to decide if or how much tokens will be burned and what projects will get funded out of it. Projects will be able to compete for the funds but they will need to be local projects in Africa and they will need to do good for the broader community or bring new value to 3air in terms of new potential customers. With time we will put more and more decisions to the 3air community. The community will always be rewarded with tokens for voting and participating in guiding 3air on its mission.
Sandi Bitenc,
I think that's it 🤩🤩
I tried to mix it up as much as possible also scrolling high up for the questions
Ali (Crypto Mutant Team):,
Wow Awesome
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Thanks alot
You still can Answer if you want
Sandi Bitenc,
Thank you for the opportunity.
I will for sure come back and answer more
I have a meeting in 15 minutes but afterwards I'll be back
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Ok sure 😊 no worry
Its was pleasure to Hold AMA with you
Sandi Bitenc,
I'll be really happy if you visit our TG channel https://t.me/my3air and we'll be answering also questions there
Sandi Bitenc,
you are an amazing community here
really positively surprised
Ali (Crypto Mutant Team):,
Follow 3Air here :
Telegram : https://t.me/my3air
Twitter : https://twitter.com/3aircrypto
Sandi Bitenc,
🙏🙏
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] Thanks for your time
Hopefully we will meet again
Ali (Crypto Mutant Team):,
Thanks 😊
Sandi Bitenc,
I'm sure we will 🙏
Ali (Crypto Mutant Team):,
[In reply to Sandi Bitenc] [Sticker 👋]
Sandi Bitenc,
[GIF]
Timestamps
Start of the AMA
End of AMA
We were really amazed and it was a wonderful experience to learn about their project. Make sure you follow them on socials to stay well updated with the latest and the hottest news about 3Air.