Cutting Edge LTE Fixed Wireless Internet. Horizon Communications ICO rating – not rated.
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PRE ICO Dates : 01/05/18 – 23/05/18
About Horizon Communications ICO (token sale)
About Horizon Communications
Horizon Communications will be a high speed Internet Service Provider (ISP), headquartered in Bermuda before expanding worldwide. Horizon will utilize LTE fixed wireless for last-mile delivery to end users.
Our service offering will include Internet speeds of up to 150 Mbps in 2018 and 300 Mbps and faster in late 2018 / 2019.
Alongside high speed Internet services, we will provide High Definition TV services as well as Voice over Internet Protocol (VoIP) Telephone services. This wireless network infrastructure will be delivered over a software defined radio system custom built using 4G LTE-Advanced (Release 14) standards.
On completion of a successful capital raise, Horizon is scheduled to launch our business in Bermuda and BVI in mid to late 2018. Using the same technology, we will be expanding to the Caribbean, other Central American countries and then internationally.
Horizon’s five year financial projections in Bermuda will generate total cumulative revenues of approximately $44 million against expenses of approximately $26 million. Therefore $18 million the cumulative profit is estimated to be generated over the five year period. Note: This is only for targeted homes and small businesses for our internet, Internet Protocol Televisions (IPTV) and VoIP services.
Horizon is focusing on target markets that have high income, 1st world economies, as defined by the WorldBank. Bermuda has a GDP of $84k per person on average, for example. This positions Horizon to achieve a higher return on investment in regions that are easily covered with our technology, coupled with the inherent natural advantages our technology has over incumbents in difficult environments will make Horizon highly competitive.
Customers in Bermuda and many other markets are paying up to $250 USD a month for a 200mbps internet service that can oftentimes be unreliable. A competitor recently launched a $385 package for internetand IPTV.
Our competition is using antiquated copper networks with huge overhead to maintain 400 miles of cables, requiring hundreds of employees and constantly battling salt corrosion and wind damage.
The technology Horizon uses allows the company to remain efficient, keep staffing needs at a fraction of the competition and be extremely competitive and forward thinking in our markets.
Horizon Intends to have full exclusive rights to this technology in our target markets, as Horizon continues working with our vendors. This gives Horizon a unique advantage to deploy this cost effective network at a price point much lower than was previously possible.
Horizon will utilize blockchain technology in a number of different areas.
Payment using the Horizon Token
The Horizon Token (HRZN) is the ONLY accepted form of payment for Horizon telecom services (internet, cell phone services etc).
Horizon will have the ability for customers to seemlessly purchase the HRZN Token on our website to pay for services.
This means that as Horizon expands, potentially hundreds of millions of USD worth of the HRZN Token will be transacted yearly, underpinning the Tokens’s value by customers using our telecommunication services!
- Payments – Accepting payments from customers in cryptocurrency, at a discounted rate compared to fiat currency, so as to help further crypto penetration and acceptance
- Payroll – Paying our employees and contractors in crypto
- Data Storage – Integrate blockchain technology like Storj or Filecoin into our customer portals to give customers a decentralized file storage solution that is encrypted
- VPN Services – Working with blockchain VPN solutions like Mysterium or Privatix so that customers have VPN solutions built into their internet service
- Re-invest into the CryptoCommunity – Horizon aims to re-invest the recommended earnings, under financial advice, into blockchain companies and ICO’s that Horizon finds will benefit the company and token buyers.