Fund Utilization
Initial Stage Fund Utilization
Platform Development: Allocate 30% of the funds for platform development. This includes hiring a skilled development team, conducting audits, enhancing security measures, and continuously improving the platform's functionality and user experience.
Marketing & PR: Allocate 18% of the funds for marketing and PR activities. This includes branding, content creation, community building, social media campaigns, influencer partnerships, and other promotional efforts to increase awareness and drive user adoption.
Exchange & Liquidity: Allocate 7% of the funds for exchange listings and liquidity provision. This involves securing partnerships with reputable exchanges to ensure $CRUZ token availability and providing sufficient liquidity for trading activities, fostering a healthy and active marketplace.
Operation & Legal: Allocate 10% of the funds for operational expenses and legal requirements. This includes covering administrative costs, hiring professionals for legal and compliance matters, and ensuring the platform operates in accordance with relevant regulations and standards.
Reserve & Maintenance: Allocate 30% of the funds for creating a reserve and ongoing maintenance of the platform. This includes setting aside funds for unforeseen circumstances, market volatility, future developments, and continuous improvement of the ecosystem.
Rewards & Incentives: Allocate 3% of the funds for rewards and incentives to motivate and engage the community. This can include bounty programs, airdrops, referral bonuses, and other initiatives to reward active participants and promote the growth of the ecosystem.
NFT Assets Development: Allocate 2% of the funds for the development of NFT assets. This includes collaborating with artists, creators, and brands to produce unique and exclusive NFT collections that enhance the platform's offerings and attract a diverse range of users.
By allocating funds in this manner, Polycruz aims to prioritize platform development, marketing and PR efforts, liquidity provision, operational efficiency, sustainability, community engagement, and the expansion of NFT assets to create a robust and successful ecosystem.
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