Post
Topic
Board Announcements (Altcoins)
Re: [ANN] - Onasander - Investment Bank - 10% Dividend - Backed By World Economy
by
OnasanderICO
on 21/05/2018, 20:29:39 UTC
To create a decentralized bank is a very progressive idea but confuses the fee for an ICO of $ 50 million. For subsequent growth, the amount of fees should not exceed $ 20 million

Can you please expand on your question?  Are you referring to $50 million being too much for fees?  If that is your question, I fully agree.  The $50 million is not for fees, even $20 million would be way too much.
The amount that is to be raised is about 95% for investments.  The other 5% would be for fees.  Once we multiple the holdings (95% of raised funds), we will be able to attract major wealth funds, and average investors.  

As far as fees going, anything over $3 million would be a waste of money.   In that $3 million we must be able to build a company with:

1.  Multiple office locations on global basis
2.  Sophisticated company management software
3.  Management team
4.  Financial advisory team
5.  Decentralized investment portfolios
6.  Decentralized investment contracts
7.  IT team
8.  Legal Team
9.  Marketing Strategy

The rest of the funds will go straight into investments, and all ongoing expenses have to be paid with our own profits.