Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bonafi - Fights counterfeits using Blockchain and Crypto-Tag
by
ZeroCrypto
on 18/09/2018, 10:15:19 UTC
Curiously, you have the application now. Where did you get enough money for initial development? Are you self-investors?
As far as I know, they had some connections with investors who invested in primary development. Well, of course, a huge role was played by the team's experience and friendly teamwork.

The application can be written without serious investment, but here are some partnerships of course without doing this ... I think they could use their means for development. I would do so if I was confident of success  Wink

But what about marketing? Banal tests, primary research? It's all worth millions of dollars. I am sure that Bonafi began with a huge investment. And it's worth it. This business is a long-term project in incredibly great prospects for the future. Invest now to increase revenue several times later!

Any blockchain project will need substantial funds, not necessarily in the millions of dollars. Most of the time, the devs use their own funds or there are angel investors to support them.  If only the crypto market is not in a bear market, sourcing of funds would have been easier.