on twitter they write: At the Private Placement stage we collected $930 000. Now we are negotiating with other large and mid-sized investors, as the primary goal is to start with $2.5 millions.
That is good news! and that target amount is quite realistic and could be achieved in no time but of course the fund raising could even go well if the crypto market performs better.
considering the bear market we're in it's doubtful, but maybe that will turn itself around.