Im very much looking forward to the breakdown of the ICO proceeds. Looks like they only raised 15.4 million including the private sale. Waiting for more information.
This project already has a real product that works. So I think the funds you mentioned are enough for the development of this project, because the team does not need to build a project from scratch
Well if what you are saying is true (which i dont really doubt) why would they have set their hardcap 25 million higher?
The business is already established, but the key focus with the raised funds is to scale their business to generate even more revenue, along with establishing new products and divisions that grow the company as a whole
