A real project
As a result of Viatek’s growth and expansion strategy, the ATLAS EC project was born, consisting of:
- on the one hand, in the creation of a powerful and future-proof Internet connection with speeds of more than 1,000 Mbit/s, through the implementation of FTTH in more than 4 million homes in Germany;
- and, on the other hand, the creation of fiber accesses in rural and semi-rural areas with a population of less than 10,000 inhabitants, deploying 100,000 km of fiber for this purpose.
The project is based on a FTTH (Fiber to the home) access network method that aims to offer the highest possible speed of internet connection through the use of fiber optics that directly supply homes, buildings or offices.
With this operation, it is intended to distribute among the investors part of the benefits derived from the Project, offering them the highest possible profitability.
A real project
As a result of Viatek’s growth and expansion strategy, the project was born ATLAS EC, consisting, on the one hand, of the creation of a powerful and future-proof Internet connectionwith speeds of more than 1,000 Mbit/s, through the implementation of FTTH in more than 4 million homes in Germany; and, on the other hand, the creation of fiber accesses in rural and semi-rural areas with a population of less than 10,000 habitants, deploying 100,000 km of fiber for this purpose.
The project is based on an access network method that aims to offer the highest possible speed of internet connection through the use of fiber optics that directly supply homes, buildings or offices. With this operation, it is intended to distribute among the investors part of the benefits derived from the Project, offering them the highest possible profitability.
Development of the Atlas project
Germany is one of the European Union countries with the highest income rate in the telecommunications infrastructure sector, with approximately 7.1 billion euros for 2021, and an accumulated growth of 4.4% since 2015.
In recent years, 3,300 projects have been originated, despite the fact that in 2020 only 55.9% of family units had access to this type of network, which makes it a suitable market for the entry of new projects and companies.
The Project to which ATLAS EC has access, and for which funds are intended to be raised, aims to reach 4 million homes in 5 years, with an expected investment of around 5,000 million euros by the main contractor UGG.
To the extent that an operational structure can be dimensioned, ATLAS will have more participation in the project, and therefore, greater profitability.
Project development
Germany is one of the European Union countries with the highest income rate in the telecommunications infrastructure sector, with approximately 7.1 billion euros for 2021, and an accumulated growth of 4.4% since 2015. In recent years, 3,300 projects have been originated, despite the fact that in 2020 only 55.9% of family units had access to this type of network, which makes it a suitable market for the entry of new projects and companies.
The project to which ATLAS EC has access, and for which funds are intended to be raised, has as objective to reach 4 million homes in 5 years, with an expected investment of around 5,000 million euros by the main contractor UGG. To the extent that an operational structure can be dimensioned, ATLAS will have more participation in the project, and therefore, greater profitability.
FOTT (Fiber Optic Technology Token)
It is a participatory commercial loan instrument, with a duration of 5 years, it will be represented by cryptographic assets called “Tokens”, with the nature of security tokens.
It is marketed in accordance with the provisions of the CNMV in the communication of September 20, 2018, in addition to taking into account the issues set forth in article 35 of the Securities Market Law, due to its legal consideration as a negotiable security.
The financing structure of the Project will be carried out through the issuance of FOTT tokens, which will allow the collection of the necessary funds for its development.
To do this, prior financing of €2.5M is required.
The launch of 25,000 tokens will be carried out with a price per token of €100.00.
The economic rights that the investor acquires is his participation in the profitability obtained in the Project within the established term.
In this way, the benefit to be obtained by investors will be calculated as follows:
• Profit (Bº)= (€100.00 * nº tokens) * % Total interest proposed
The accrued interest will be made available to investors, once they are requested by them in the corresponding claim period.
Interest will be accrued annually in the BUSD cryptocurrency.
The distribution of the interest generated by the holding of the FOTT #1 Token will take place within the period for claiming the return established for each year, once the general meeting has been held and the remuneration has been approved.
The tokens will be distributed to the digital portfolios of Binance Smart Chain, #BSC (hereinafter, “wallets”) of the investors, from the end of the issuance at the request of each investor.
The securities issued are represented by the BSC BEP-20 standard (tokens).
FOTT
Is about participatory commercial loan instrument, with a term of 5 years, will be represented by cryptographic assets called “Tokens”, with the nature of security tokens, being marketed in accordance with the provisions of the CNMV in the communication of September 20, 2018, in addition to taking into account the issues set forth in article 35 of the Securities Market Law, due to its legal consideration as a negotiable value.
The financing structure of the Project will be carried out through the issuance of FOTT tokens, which will allow the collection of the necessary funds for its development.
To do this, prior financing of €2,500,000.00 (TWO MILLION FIVE HUNDRED THOUSAND EUROS) is required.
The launch of 25,000 tokens will be carried out with a price per Token of €100.00.
The economic rights that the investor acquires is his participation in the profitability obtained in the Project within the established term.
In this way, the benefit to be obtained by investors will be calculated as follows:
• Profit (Bº)= (€100.00 * nº Tokens) * % Total interest proposed
The accrued interest will be made available to investors, once they are requested by them in the corresponding claim period.
Interest will be accrued annually in the BUSD cryptocurrency.
The distribution of the interest generated by the holding of the FOTT #1 Token will take place within the period for claiming the return established for each year, once the general meeting has been held and the remuneration has been approved.
The Tokens will be distributed to the digital portfolios of Binance Smart Chain, #BSC (hereinafter, “wallets”) of the investors, from the end of the issuance at the request of each investor.
The securities issued are represented by the BSC BEP-20 (Tokens) standard.
