The Pillar Project is an exciting venture into the popular field of cryptourrency wallets.
Providing a comprehensive dashboard for clients who use multiple digital currency profiles, this is a system that puts the power of your digital spending squarely in your hands.
It’s a development that’s set to turn the industry on its ear, and we’re thrilled to be bringing it to you. Still, it’s important to be realistic when it comes to the finances of a project like this.
In this article, we’ll be taking a closer look at the financial projections for the Pillar Project, in terms of our budget and money management, to how we plan to use our profit, and when and where we’ll be bringing out reports.
We’d like to make our operation as transparent as possible.
Financing Pillar Project
It’s no secret, financing for large-scale software development is a complicated issue.
Money is allocated without being properly tracked. On-the-fly changes during development alter the product in ways that make it difficult to even describe.
At the Pillar Project, our aim is to be as transparent with our development financing as possible.
How We’ll Use Proceeds:
A lot of our financing is going to be spent on promotion, specifically for the wallet project. The priority is easy to understand: as our flagship service, this is the drive behind what we can offer the public, and we need evangelize on it in order to promote it to the public.
What Our Budget Is:
Over the course of the next five years, our budget (in as far as these are ever 100% reliable) addresses central services, the product itself, marketing and governance. All of this is done completely comprehensively, covering all of our expenses. In case of OEM, we forecast a 100% increase in these numbers.
And beyond just the numbers? Well, with the right kismet combination of persistence, spirit, cash flow and luck, we feel the Pillar Project has as good a chance as anybody else of doing amazing things. Another exciting part of our pre-launch plan is to pre-sell Pillar system projects.
How We Plan To Manage Our Money:
After raising an amount equal to our budget for the next five years, our plan is to diversify our holdings, starting with the purchase of unique index tokens.
What Transparency Means To Us:
In favour of keeping our operation as open as we can, we’ve pledged to a large degree of transparency. Financials and progress charts will go up on our website once a month, with a financial report every quarter. Even our Slack channel is public, in order to encourage communication with our potential users.
So, Now You Know
When it comes to the Pillar Project, we’re always looking to the future.
That means budgeting is high up on our list of priorities. Moreover, transparency with you, the clients and shareholders, as we move forward is also extremely important to us.
With all of this going for us, we’re excited to see what the future holds.
What do you think? Clearly we love hearing from you, so let us know what you think in the comments below.