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We are building a company in the related Information Technology field. Depends on our project plan, we need 3 million $ funds to build from the ground. In our initiative, we decide to move forward with ICO.
We will conduct our ICO within 2 stage;
1. A Private Sale.
2. Public ICO.
Company Detail:
- Type: Private LLC.
- Head Count: 5 people for now. (We need to hire another 15 people)
- Founder: me
Briefly Business Plan:
- Field: Information Security .
- Development: Firewall Product.
- Definition: A Firewall helps protect web applications by filtering and monitoring HTTP traffic between a web application and the Internet. It typically protects web applications from attacks.
- Market: Markets forecasts the Cybersecurity Market to grow from USD 152.71 billion in 2018 to USD 248.6 billion by 2023 at a CAGR of 10.2% from 2018 to 2023. We can take more specific country Which is important for Cyber Security. It's US. Firewall Security market equals to 5 Billion $ only in US in 2019.
Source:
https://www.alliedmarketresearch.com/cyber-security-market
https://www.grandviewresearch.com/press-release/global-cyber-security-market
https://techcrunch.com/2019/10/03/cybersecurity-is-a-bubble-but-its-not-ready-to-burst/
Token:
- Type: Ethereum-based ERC-20 Token
- Token Name: - it will be revealed before ICO's start.
- Purchase Token: ETH only.
- Maximum Supply: - distributed token amounts + %40 of company. (more, see faq)
Private Sale:
- Token Exchange Rate: 0.0001 ETH per 1 token (i.e. 10k token per 1 ETH)
- Start: 10 April, UTC 00:00.
- Duration: The fundraiser will run for 40 days.
- End: 20 May, UTC 00:00.
- Minimum amount: 10.000 USD
- Hard Cap: - It will be shared with only the private supporters.
ICO:
- Token Exchange Rate: 0.0002 ETH per 1 token (i.e. 5k token per 1 ETH)
- Hardcap: None
- Start: We are planning to start on ?? April UTC 00:00.
- Duration: The fundraiser will run for 15 days.
- Soft Cap: 1 million $.
- Hard Cap: -
Token Distribution:
60% of the token will be issued to the contributors in the fundraiser, 40% to the allocated the company. Company tokens are locked for the first 2 years.
Distribution Of Funds:
%40 company marketing, %30 business development, %20 Administration (Legal,Ops.), %10 token marketing
Token Value & Burn:
Every quarter, we will buy back token each quarter using 30% of their profits, and then destroy them until the exchange buys 60% of all minted tokens for contributors.
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Any thoughts are welcome.
