How can you describe transcrypt financial model?
We have three different scenarios of the project’s development from the fundraising stage to the release of the full version of the product on the market.
Within the framework of the financial model, we start from the following assumptions:
• the main item of expenditure for us is employee wage;
• in order to provide a comprehensive and legal service, we are obtaining an electronic money
instiitution status and other necessary licenses; this implies additional expenditures, and also
an increase in staff;
• the second biggest item of expenditure is marketing, which is formally accounted for
as part of the operating expenditure, but will in fact be financed from the receipts of the
crowdfunding campaign;
• the third largest item of expenditure is legal support in operating areas, and, if necessary,
interaction with regulators and legislative bodies in order to ensure the legality of the circulation of cryptocurrencies.
Do you want me to explain in more detail all three scenarios?
