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Cajutel (CAJ) is a unique cryptocurrency project that aims to bring affordable and reliable internet communication to West Africa. The project is led by Cajutel sarl, a Guinea-Bissau company under Swiss ownership. The team behind Cajutel has extensive experience operating wireless networks and has successfully implemented similar projects in Iceland and other countries. Their vision is to build a cost-effective broadband access network that will provide state-of-the-art communications and contribute to the development of education and the economy in the region.
Cajutel plans to bring 1 gigabit capacity into Guinea-Bissau from neighboring countries and build and install the necessary equipment and towers. Through partnerships with small shops and kiosks, they aim to acquire users and provide the fastest internet provider service in the area. By offering higher speeds at a more affordable price, Cajutel aims to increase internet accessibility for the general public, as currently, less than 2% of the population has access to the internet.
The project has gained attention and media coverage for its unique approach to providing high-speed internet in underserved communities. Cajutel has launched an Initial Coin Offering (ICO) to fund its operations and attract more investors. With a focus on delivering connectivity to unserved and underserved communities, Cajutel is poised to make a significant impact on the internet economy in West Africa.
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