Waiting for next questions
Where will you take the funds to support the operational expenses of InChain (your team) after the project launch?
Will you use the ICO funds? Or InChain DAO will decide? What will be the approximate size of that expenses for the first year?
Salaries of the developers, soft and hardware. We will form the budget and ask the investors to approve or amend it.
The use of the ICO funds as stated before:
- $750K pre-launch expenses
- $1M the Insurance fund
What about support team, managers, CEO's, secretaries, PR, etc? Office rental?
So the above expenses should be excluded from the project income to get the profits numbers.