Is this the right place to get some help on how to go about getting a solid foundation to base off?
I am aware of Cayman Islands, Gibraltar and Leichestein as good places to base the foundation out of for your project?
If your offering is to fuel a developed technology, its a utility token right? For example you have a working website like Ebay, and you add a token to it so users can pay with it. This is not a security, as you already have a fully developed platform and it is not speculative, its simply like Blizzard Bucks or Starbucks Dollars?
Any good places to go about attracting some top tier hustler interest? For example those that have all the connections that can get you listed on a good exchange or in touch with good partners, are these advisers?
I am currently building the next gen video content platform, looking at making an ERC20 token on Ethereum (for longterm security) and bridging the funds for users to NEAR Protocol, as Ethereum is not really viable for anything interesting until Serenity 2.0 comes along (expensive gas, inflexible contracts, expensive storage).
I am thinking to do a 50/50 deal, 50% to ops/team/dev. 50% for sale, as this is utility. First availability for 12% of the tokens with 38% left for future sale. 50% ops funds are vested over 2 years, 20% release immediately, 10% year 1 20% year 2.
So on day 1 we have. OPS 20%, for sale 12%, 68% locked.
Out of the 12% for sale, 7% will go on DEX/other exchange (if lucky on listing), 5% will be available for FiatPortal. FiatPortal means users of the platform that are not crypto users, and want to pay using paypal or credit card like a normal platform. They will buy these "Starbucks Dollars" automatically without even noticing they are using crypto.
I am aiming total valuation out the gate to be 3.6m, so the initial 12% will be sold at token value 432,000$.
There will be no ICO / IEO. This is not a speculative token.
The token when used for utility on the platform will burn 8%, this means on the NEAR Protocol. Bridge to NEAR off Eth incurs only standard gas rate. When users mutate content and transact with content thats when 8% burns, sending via regular ERC20 transfer calls does not incur burn.
After 20 cycles of burning, only 20% of the total supply will remain, after 100 cycles of burning 0.023% of the total supply will remain. This is meaningless for platform users as they only care about the utility of the platform, and the burn will be priced into the platform usage.
What do you think, anyone interested / can offer an opinion?