About the SOMA use of funds after ico:
35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)
Why is there 20% needed for legal issues?
35% Marketing and area launches
20% Product development and technology
20% Legal issues and patents
15% Operational team
10% Community reward (We’ll reward the ambassadors and marketers of the community)
Why is there 20% needed for legal issues?
Probably because you have to pay attantion to different rules in different countries? I think it's not that easy to work on a legal base in every country, because you can't just go with the same user agreements in every country as there are different regulations.
Yes probably with it. Besides you can never predict what can a lawsuit you will face in future. I can understand that allocation.
That for sure. I am not even sure if 20% will be enough in long term view.
Legal could refer to local regulatory accreditation/licenses that need to be applied for and obtained before operations can commence. Some of these things are very expensive due to inefficient and greedy public sector departments.
