All funds in previous fundraisers were raised in stable coins and fiat currencies. The stable coin is either self custody and stored in multi-sig wallets, requiring at least 2 out of 3 signatures from the management team, or is stored with a qualified custodian. Funds will be utilized according to the allocations below:
Percent | Using |
---|---|
50.00% | Protocol Development |
25.00% | Business Development and Marketing |
15.00% | Operations |
10.00% | Legal and Accounting |