Really interesting idea. What is your funds allocation plan? I wonder does Facebook and Google ban on ICO advertising create problem for the project?
So the ban does not cause a problem for Blok. We have grown organically without marketing spends. Further, with my advertising knowledge through Buysellads, if we decide to run paid ads, we are in good company!
The funds allocation:
Total of 360,000,000 tokens will be minted.
4% of tokens, or 14,400,000 BLO, will be disseminated to the community and partners as part of the bounty program, referral programs, community events and partnerships.
13% of tokens, or 46,800,000 BLO, will be provided to the team, advisors and early contributors. All of the tokens provided to the team and advisors will be vested over 24 months with a 3-month cliff.
18% of tokens, or 64,800,000 BLO, will be kept by Blok Inc. as a reserve to sell to the companies in cases when the open market cannot satisfy given company’s immediate needs.
65% of the total token supply, or 234,000,000 BLO, will be sold during the initial token offering, in several stages: