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Posted On: 09/20/2018 12:13:09 AM
Post# of 82676
The whitepaper indicates the pre-STO and STO funds will be used for;
R&D
Company Expansion
Marketing
Operation
Legal & Insurance
Miscellaneous
https://www.blocksafetech.io/BlockSafeWhitepaper.pdf
IMO the entire STO monies are indicated to run and grow Blocksafe, not something else.
Sales are different. The whitepaper says that token holders will receive 10% of the gross sales.
Additionally I think that sales revenue of some amount will be distributed to the private equity holders. That is where the SFOR 49% private equity stake in Blocksafe is relevant, and/or if Blocksafe is bought out, as well as it being influential in the boardroom.
R&D
Company Expansion
Marketing
Operation
Legal & Insurance
Miscellaneous
https://www.blocksafetech.io/BlockSafeWhitepaper.pdf
IMO the entire STO monies are indicated to run and grow Blocksafe, not something else.
Sales are different. The whitepaper says that token holders will receive 10% of the gross sales.
Additionally I think that sales revenue of some amount will be distributed to the private equity holders. That is where the SFOR 49% private equity stake in Blocksafe is relevant, and/or if Blocksafe is bought out, as well as it being influential in the boardroom.
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