I have been rereading about the project and here are some thoughts:

I would imagine that the margin at which this market operates is quite high, so that distributing 10% does not pose a threat to the finances of the business.


Being a project without KYC I understand that this has to be done to some extent, but I think it would help transparency to publish the accounts, perhaps annually, without having to be excessively detailed, but at least that investors know the total expenses and total income and which ones fall into which category.

One of the things that often causes a start-up business to fail is having too many fixed expenses. Starting with $130k of fixed monthly expenses in salaries alone seems too high to me. Wouldn't it be better to start small with 5 or 10 people and add as you go along? What would be the minimum total monthly fixed cost for break even with all costs included? If I understand correctly, you expect to raise approximately 10,000 chips which would be about $200k, which would give you first month's expenses. Am I missing something here? Are you expecting to generate considerable revenue from the first month to cover those expenses?

In order to consider a serious investment, apart from these issues, I would have liked a more moderate forecast of market growth.