How are investor funds being used?
Support (iE)
Last Update 4 years ago
We are running this as a business. It’s not a DAO. We are here to make money and make money for the investors. It would be naive for anyone to think otherwise. So those who HODL must trust that we are making competent decisions. If they don't... then they should leave with their money. We are providing a chance to do just that.
Our biggest expense is marketing. Advertising costs real money but we get a 3-5x return on that so it's a good investment. In the big picture operating expenses are a small portion. Of course, we also need to protect purchasing power so raised funds are invested or hedged.
In all cases, the investor's funds are available for the project. What goes out will come back. The ledger is there for everyone to see.