Funds generated from this fundraising process will be used for the development of the Bancor system with the following percentages:
40% for software development
20% for Bancor ETH reserve
12% for Marketing & Business Development
10% for seed token changers & Token Baskets (ETFs)
8% for operational costs
5% for legal fees
5% for miscellaneous expenses and unexpected costs,
Maybe that's all I know after a few months gone by