Can you talk about your future? How will you use the money of investors?
Hello, the company will allocate funds for the implementation of blockchain and smart contract technology, research, and development. In this regard, a team of developers will be created, including specialized and experienced engineers, who will consider various aspects such as developing applications for mobile devices, testing the date for operations, developing an appropriate platform, and in this respect, resources have been determined to 35% of funds, received from the sale of tokens.
The company will also allocate about 35% of the sale of tokens for marketing, business promotion, public relations, and company presentations in various forums, both public and private, including such as trade exhibitions and seminars organized under supervision world crypto companies and investors. In accordance with these aspects, Freldo Inc. in the long-term will benefit greatly from the point of view of client flow, which is also inevitable for stable growth in the developing competitive social and trading environment.
Also, 5% of the funds will be provided for legal and regulatory services. In this regard, in accordance with the rules and regulations for securities and audits of exchanges, a commission test will be conducted containing such aspects as, for example, whether such investments are related to cash or cash in kind, whether such investments are related to a common activity or commercial organization, the prospects for profit from investment, the benefits received by third parties, for example, as syndicates in an ICO, underwriters or other third parties charging a commission for their professional e services.
There will also be costs for licensing, operational, and administrative aspects and other costs that are considered necessary for network integration and other professional issues at all levels.
