Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SOMA - The Social Marketplace
by
Jay2408
on 08/11/2017, 13:51:06 UTC
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?

Its a good thing that they plan this ahead. It shows how professional the SOMA team works. Better be prepared when legal issues come on your path

These 20% include also patents, I think for their IIC. As far as I know the costs for international patents are very expensive, you have costs for application, search fee, yearly fees for maintaining the patent and maybe some more costs.