Post
Topic
Board Announcements (Altcoins)
Re: ☀️ [ANN] ☀️ reOrder Gateway - USA, NY based Startup|MVP - Nov. 7th
by
bitcoin-shark
on 16/11/2017, 17:43:40 UTC
That's one of the lowest soft caps I've seen lately.
Well this will make the project go forward anyway. I do hope it will be a bit more, cause 50.000 USD is a small operating budget.

With such a low softcap, what will be the plans of the reOrder team to sustain operating and other miscellaneous costs that maybe incurred bby the project within the coming months?

Our plans is to connect 3-5 restaurants it should costs not much as $20k and spend rest on marketing. We already have contributors database, website, all materials and working product so we don't need hundreds of dollars for second stage.

I really like the planning of 2 stages, and only working with 3-5 restaurants at the beginning. Very well thought. How long will this trial period take?

About 3 months I believe. One moth to hire team and connect restaurants and 2 month to get all usage data and prepare for next stage
I think it's a good strategy to make a first phase with a few restaurants to see  how it goes and in the meantime prepare the basics for the next stage maybe a great launch, trying to reach the 2000 restaurants...