Use of funds

The primary activity that will consume a bigger percentage of the funds is platform development.

Some of the activities will include:

  • Creating and developing a market-ready product within our marketplace
  • Integration of third-party services
  • Development of proprietary API
  • Creating and securing the wallet
  • Development of state channels
  • Development of an internal economic model
We will focus a lot on marketing and business development, which includes establishing agreements and integrations with exchanges, affiliate companies, and blockchain early adopters to win the first-movers advantage in the space. Prior evidence has shown that one can create a strong competitive advantage by being a first mover in such a new economic space. This is because merchants are reluctant to disrupt their business models, especially where additional costs are involved and services have to be interrupted.
AffiliateMarketRank team has partnered with experienced advisors and consultants who are fully knowledgeable about the blockchain space. They are fully aware of the rapidly evolving blockchain space, and working round the clock to ensure our execution is near-perfect right from the start.