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4270.25 Karma

Review on Cajutel by LUIS RIVERO R

Revainrating 3 out of 5

Internet platform financed with an ICO.

The purpose of this project is to connect thousands of people in Africa to the Internet, who have historically been excluded, although it is directed to this territory and is owned by a Swiss company and is recognized in various countries, and its main objective is freedom of movement. expression through the internet.
The objective is to create a profitable internet access network that allows providing quality access to thousands of people around the world, according to data reported by Cajutel, only 2% have internet access in Guinea.
The main problem with this project is the progress reports since apparently there is nothing new in its development, considering that its ICO was launched since 2017. According to its roadmap, the project would be launched for 2020 without a specific date.
In general, this is a real use case of an ICO and its development depends on the money raised, the most relevant aspect about Cajutel is that they do not specify the usefulness of the token within the platform, or if the Holders are shareholders of the company.
img 1 attached to Cajutel review by LUIS RIVERO R



Pros
  • They are building an affordable and cutting edge internet platform.
Cons
  • The token is listed on few exchanges.
  • Some sections of the website are out of order.