Use of sale proceeds

Areas of funds allocation:

  • Project Development and Marketing funds will be used to cover operational costs (contractors, salaries, services), for strategic development of the project and marketing campaigns (see β€œDevelopment Vault”). These numbers are calculated for 24 months of the project development with consideration of hiring new staff.

  • $200,000 will be used to provide liquidity at the TGE and $100,000 will be used for Market Making.

  • Approximately $100,000 will be used for marketing in the months before and after TGE.

Last updated