just one question, without doing any of your sale, private or pre-sale or regular sale, do you think you can fully launch your product?
are you dependent with the outcome of your sales or do you have financial backers to move forward? and also, do you have physical office in those 3 branches - germany, estonia and turkey?
Hi AmoreJazz,
Thanks for your question and happy to answer!
The launch of Meduse is not dependent on the outcome of the upcoming sale rounds. We were able to raise backings in a previous funding round, which are being used for operational expenses. Additional expenses, such as team-costs, office rentals and similar were covered by the Founder Ferhat Ziba, who has already successfully launched other products in the digital space. Furthermore, development started in 2018 and we are currently planning the final steps to launch our spot trading soon.
A successful token sale would accelerate the speed and state of development, as well as our launch process and it will also allow us to increase our developer team in Izmir (Turkey), our legal team in Talinn (Estonia) and our marketing and operations team in Hamburg (Germany).
Meduse has physical office-branches in all mentioned locations, though currently the only opened office is Izmir, due to the ongoing COVID-19 pandemic.
Please let us know if you have additional questions! Looking forward to hear your thoughts.