I think you might need to beef up the argument for the app to be backed by a cryptocurrency because atm that rationale is a bit weak. The list of benefits accruing from merely using the app appears to be largely independent of the implementation, acting to reduce the apparent relevance/appropriateness of a cryptocurrency component.
More pointedly, what specific features accrue from the app being based on a cryptocurrency rather than, say, one of the conventional social reward systems?
All applications sales will have 30% deducted and used to buy HMC to keep the price at a healthy postion.
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FUNDING BREAKDOWN
Apple App Development - $15k
Website development - $10k
Marketing Materials - $1500
Online Marketing - $3500
Have you developed a spec for the website that enables you to be confident that $10k will be adequate to cover development? Also, I don't see any budgetary provision for website maintenance or for logistics of coin operations, is this perhaps just a reporting oversight or maybe these costs are bundled into one of the other totals?
Cheers
Graham
As seen and explained the app will reward monkey points for each user that completes a task. If we meet funding for this project over time our sales revenue will be used towards upgrades and are looking into the possability of HMC rewards for users who complete task/chores.
The $10k website development funds will be used to maintain all aspects needed towards running the website.