Post
Topic
Board Announcements (Altcoins)
Re: [ANN]✅ [ICO] Open Packaging Network [ANN]✅ [ICO]
by
OpenPackagingNetwork
on 22/08/2018, 18:06:19 UTC
Admin, please what is really your vesting schedule for the remaining tokens that would be left after presale and ICO?

In summary: 20m tokens out of the total 50m tokens would be vested and released as per our milestone schedule indicated on our roadmap.

But for more detailed information here is plan:

Research and Development 50% 18000000
Marketing and Sales 27.80% 10008000
Admin and Operation 14.40% 5184000
Legal 2.80% 10008000
Contingency 5% 1800000

Our roadmap assumes development of all features for the OPN platform and mobile applications and interfaces for all the platform participants, with a strong sales and marketing support to accelerate adoption by sellers and
buyers of the packaging industry.

• Research & Development costs cover all R&D expenses,
 including design and development of smart contracts, cryptographic mechanisms, the OPN platform, apps and interfaces, etc. Includes opening of an R&D center with approximately 40 engineers.

• Admin & Operations costs include salaries of all OPN employees excluding the R&D team. Marketing & Sales budget will be allocated on acquisition of both sellers and buyers.

• Legal costs include all legal expenses associated with expansion of OPN ecosystem in different countries.

• Contingency fund is calculated as 5% of the total budget.

Further details can be found on our Whitepaper