Hello,
We have a lot of news.
Firstly, we thought about legal issues for a long distance and here are the thoughts that we had at this stage:
- the registration of a company in some jurisdiction and the choice of this jurisdiction is highly dependent on the goals. There can be two goals in the case of ICO:
company used to convert cryptocurrency to fiat.
company to conduct the operational activities of the project.
- in our case we choosed the second option. It is more expensive, but more transparent and we still need a global company to run the Ahoolee. Regarding this, the decision was made to postpone registration until the end of the next round of the ICO, immediately after its closure we are making a company to conduct the operational activities of the project.
Secondly, we considered a business model for the project, as planned. Actually here's what we got at the output:
As you can see from the financial model, we need a minimum investment of 35M to achieve our goals and to grow further quickly.
And for dessert here is a piece of video that we shot during the presale in our office and the reaction to what was happened :)
As you remember, we've collected $200,000 for half an hour, and for the first 30 seconds we've got more than $ 100,000
