Many projects are working on fractional ownership of real estate but very few focus on infrastructure, especially none focus on wireless internet service. Many WISPs generate relatively consistent cash flow just like most real estate rental business but have more variables overall. However building internet infrastructure is also a public goods service that can benefit the underserved areas while providing competitive returns. We focus on analyzing the deal and only partner with companies with good track records.
Right now it is a manual evaluation process through our internal experts. We publish information regarding the operation and user growth online and keep investors updated every month through town hall meetings with sponsors. Anyone can submit a proposal for future projects and we look at every proposal. In the future we will have a DAO make decisions on deals and location of network expansion plan, etc.
Building wireless internet infrastructure overall has a lot less footprint than running cables to each house. Wireless network only need to have access to fiber at one spot and access to a few tall buildings to set up the network. No digging on the ground and less maintenance for broken wire. The set up time is a lot less (few weeks to a few months) compared with 6 months or longer for most cable companies to establish network in a new neighborhood. The capital barrier is lot less (typically $100k to $500k depends on expansion or set up a new site for a city) compared with $5-10k per mile for fiber.
Tokenization gives more flexibility to trade assets. It’s easier to control the access of asset through smart contract than manually check the investors at each transaction. We also can make adjustment on minimum and maximum amount investors can buy for each project through the contract.