What will main part of the funds which you will manage to raise during the ICO be spent on?
Good day,
Funds raised during the ICO will be spent as follows:
1. Soft Cap 2,000,000.00 EUR.
The amount that is collected will be distributed as follows:
50%—deposits on three large crypto exchanges to aggregate their liquidity.
15%—marketing activities
15%—salaries, offices, and hospitality expenses
20%—legal and IT expenses.
2. Moderate Cap of 5,000,000.00 EUR.
The amount that is collected will be distributed as follows:
40%—deposits on four large crypto exchanges to aggregate their liquidity.
20%—obtaining ASIC license
10%—marketing events
10%—salaries, offices, and hospitality expenses
20%—legal and IT expenses.
3. Intermediate Cap 10,000,000.00 EUR.
The amount that is collected will be distributed as follows:
30%—deposits on six large crypto exchanges to aggregate their liquidity.
30%—obtaining ASIC and FINMA licenses
10%—marketing events
10%—salaries, offices, and hospitality expenses
20%—legal and IT expenses.
4. Advanced Cap 15,000,000.00 EUR.
The amount that is collected will be distributed as follows:
35%—deposits on eight large cryptocurrency exchanges to aggregate their liquidity.
30%—obtaining ASIC, Market Making FINMA, and Market Making FCA licenses
8%—marketing events
7%—salaries, offices, and hospitality expenses
20%—legal and IT expenses.
5. Hard Cap of 25,000,000.00 EUR.
The amount that is collected will be distributed as follows:
35%—deposits on ten major cryptocurrency exchanges to aggregate their liquidity.
35%—obtaining ASIC, Market Making FINMA, Market Making FCA, and JFSA licenses
5%—for marketing events
5%—salaries, offices, and hospitality expenses
20%—legal and IT expenses.
