I have taken the time to read about your project. I could understand that your token will be used to make payments in Italy and at the same time a cryptocurrency that avoids the real volatile fluctuation of the market’s cryptocurrencies.
I have some questions:
Have you had any investment prior to the project or during? This is if you have made strategic alliances or some viable minimum product (VPM) before the ICO.
Is there a governmental or non-governmental government that sponsors your proposal?
Do you have any hypothesis studied by any technical analysis that allows your project to be scalable?
How many customers would you need to generate 10 MM USD?
Hi, @Emerson. Thanks for your interest in this project.
We haven’t entered into strategic alliances before the ICO.
We started financing the project with our funds and we hoped to raise the capital we needed through the ICO.
We have some businesses really interested in our projects that already contacted us for the use of our tokens as payment method and to list some products on our shop.
It is scalable.
It depends on how big the customers are.
We need to raise enough to be listed in few more exchanges and to raise some funds to better promote the Angry Panda project.
We already contacted many exchanges and we need approximately 1.5 BTC - 5 BTC to be listed in each small/medium exchange. We could be listed in 12 good exchanges at 40 BTC, but we would be satisfied to be listed in just a couple of good exchanges at the beginning - so let’s say we need 5-7 BTC.
We also need a few tens of thousands of dollars to better promote our project and cover some costs. This is an indicative list of how the distribution of funds should be:
95% Reserve provision, to support the value of the Angry Panda tokens and guarantee our repurchase at almost the whole issue price
5% to finance the project:
Team expanding, contributors
Listing costs on exchanges
Advisors
Marketing: market growth, promotion, airdrops and bounties, community
System development, technology infrastructure & complementary technologies
Indirect costs: legal, office
Other costs
Keep in mind that, since we reserve 95% of the funds raised to support the price of our tokens, to guarantee the repurchase price to our investors, we only gets 5% to cover our needs. This means that if we theoretically need 10 BTC, we have to raise 200 BTC.
I think your project is very interesting with all the advantages you offer to the investors you I am sure will be many who are interested to join to invest in your project.