Frequently Asked Questions

Here are some common questions about Horizon ICO

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Yes, unfortunately, due to the current regulatory environment, we cannot sell to non-accredited US Investors.
KYC (know your customer) regulations are being complied with on a voluntary basis so that Horizon maintains as much compliance with current and future regulations as possible. This requires us to gather basic information on token buyers such as name, address and photo id. AML (anti-money laundry) regulations require us to run checks on every incoming address that buys tokens from Horizon. For both services, we will be partnering with blockchain companies, part of our commitment to this growing industry.
Horizon is a legally formed company based in Bermuda and will be regulated by Bermuda laws. As we expand we will also be compliant with the requirements of countries we operate in.
Yes we will have a comprehensive bounty program. We hope to have this finalized early February. It will be available on and potentially other sites.
We prefer Ethereum, however we currently plan to accept a variety of cryptocurrency that can be convert using Shape-Shift on our website(  You MUST have an ERC20 / Ethereum address and use an ERC20 wallet such as , the Mist Wallet, the Nano hardware wallet
We are exploring solutions however at this time we do not accept credit card purchases.
No, however pre-registration is strongly encouraged. If you are interested in a large purchase please contact us in advance of presale starting.  You will have to submit your name, physical address and photo id during the purchase process.  Please be prepared by having a digital copy of your identification available.  All buyers MUST comply with our KYC requirements in order to participate.  Further details will be listed on the website.
Unfortunately, at this time we are unable to sell to US Citizens unless they are an accredited investor. We hope that will change in the future.
There are no restrictions for Canadians purchasing tokens
The minimum purchase is 0.15 ETH. There is no maximum other than the hard cap which is 42,000 ETH. We ask that anything over $10,000 USD in a transaction be communicated to us directly so we can ensure necessary compliance. Those instructions will be on the website. We are discussing our listing with a few exchanges now. Most exchanges want to see serious activity in your Ico sale before they're willing to list you on the site. My opinion at…
Our Smart Contract can be found here
Unsold tokens will either be burned or distributed to future token buyers.  They will not be distributed to the Team or to anyone who has not purchased them with Ethereum.
In order to maintain compliance with current and future regulatory requirements in the country of Bermuda we require name, address and identification for any token buyers.
You MUST use an erc20 compatible wallet to purchase tokens. This same wallet will store the tokens.   Some examples of ERC20 compatible wallets as of Dec. 2017 include but are not limited to: Mist - MyEtherWallet - Nano Hardware Wallet -
We are in conversations with several large token exchanges to be listed on their site. These conversations are ongoing and will rapidly accelerate as our ICO launches and we meet our minimum capital raise.
First, we are under a strong and strict regulatory environment in the country of Bermuda. This provides a legal incentive to make sure we provide the best level of service to both our token buyers and our customers. Second, Team tokens will be locked in an unchangeable smart contract. This is significantly longer than average and is intended to allow us to attract and retain top talent who are committed to the long term growth of the company. Third, the…
Horizon intends to raise at least $5 million USD with a maximum cap of $40 million USD. If we reach our maximum cap we intend to accelerate the roll out of our services in multiple countries as well as launch cell phone service earlier than previously planned in our roadmap.
When it comes to dividends will be paying quarterly to the ERC20 address, in Ethereum.
Correct you'll get access to services that would otherwise not be available. We're going to have a full data center in a very well secured building that is offshore, many Financial companies find a lot of value in such data centers if they need off-site storage but cannot be in the United States or Europe.
Tokens will enable customers to buy services at a discount as well as access some services that regular customers could not such as VPN and data storage.  People living in our service area that own tokens will have access to discounts on internet, voice over IP and IPTV. Lastly, tokens will be bought back by the company over time and percentages of profits will be distributed in the form of quarterly dividends.
Crowdfunding, through blockchain technology, allows the average person to own a piece in a growing industry, as well as a potentially very successful company. We will be providing VPN and decentralized data storage for our customers. We also be accepting cryptocurrency for payment and paying our employees with cryptocurrency as well. Horizon is fully committed to using blockchain technology for its many benefits.
Customers will be able to review their bill in USD and the current equivalent in crypto when their bill is due. We will have a calculator on the customer portal that allows customers to pay with cryptocurrency (at a discount) or pay with regular Fiat.
For the purpose of this question, consider only small business & residential markets in Bermuda. If we hit our our goal of 15% penetration, Horizon will be returning approximately $1.3m USD in Ethereum per year to token holders.As we expand to other business lines to include cell phones, government contracts, mobile vehicles as well as expanding to other countries this should rise significantly.
Horizon is a next-generation ISP, using high-speed long range LTE fixed wireless equipment. We can deploy our network for a fraction of the cost of landline ISP's, provide 300mbps service at launch, cover 15 + miles per tower (depending on topography) and service thousands of customers from a single tower. In regards to our ICO offering there are many reasons and benefits for people to join. First, Horizon is launching a "real" business, servicing a strong market need and is…
Our road map is located on our website as well as in our whitepaper.
The team has decades in building and servicing telecommunications companies, large international companies and financial firms. Our talent Team has experience in sales, marketing, installation, network architecture, engineering, as well as growing large international business.
We were surprised to receive this question but can understand why some people might ask this question.  The simple answer is no. How can you tell? Look at our business model, review our roadmap, consider our flagship service.  Then look at our target markets, review the income levels for these markets, look at what competitors in those markets are charging.  Review our whitepaper, goals, and projected profit. You should always do your own due diligence before you spend your money.…
Throughout the Caribbean there is typically a single large telecommunications provider and sometimes a second provider, with a much smaller market share. One of the main reasons why internet service in these markets has stagnated is because of the tremendous infrastructure expenses incurred when starting a more traditional telecommunications company. Will little competition, these markets are left with few choices, poor service, and overpriced services.
It is hard to say what other ICO you might be looking at for investments.  We can tell you what sets our ICO apart.  Our company provides a service that you are already very familiar with, Internet and TV.  Some have said that internet is as critical to life as food, water, and electricity.  While you may or may not agree with that statement, we hope you can agree that our service is one that will be needed both in…
Wireless technology has many advantages when compared to companies that provides services over copper lines.   We are able to provide faster, more reliable connections using equipment and infrastructure that is more resilient to corrosion and wind damage.  This same equipment is already designed to offer faster speeds with minimal costs to upgrade as new technology is available. Another area our technology saves costs is in reduced manpower needed to maintain infrastructure and services. All of these things translate to higher…
Horizon will be headquartered in Bermuda where we will focus our initial service launch.  From there we will target expansion to the British Virgin Islands.  Our road map targets 2019 for expanding service offerings in established footprints to include cellular service, government contracts, vehicles, and more.  Additionally, we will start to expand our basic service offerings to other countries with a strong potential to move into Central and South American by end of 2019.
Horizon is a cutting-edge communications company that will focus on providing wireless internet, Voice over IP, IPTV, and cellular services throughout the Caribbean.