Uses of Funds
Last updated
Last updated
Funds will be used to ensure the development and launch of the platform, as well as to maximize its success and growth chances.
Development: Dedicated Dev team focused on managing the launch of Over's most amazing features. They include all expenses related to product development.
Marketing: Marketing activities to guarantee worldwide diffusion and success.
Year 1 - 40% Initial boost to create a mass critic user base (early stage) Year 2 - 30% Guarantee budget for user acquisition integrated with the Over platform marketing reinvestments: (expansion stage) Year 3 - 30% Guarantee budget for user acquisition integrated with the Over platform marketing reinvestments (maturity stage)
Operating costs: General operating costs.
Partnerships: Investments finalized in creating partnerships and initiatives.
Legal costs: IBCO-related legal costs, ensuring continuous legal compliance over the growth of the platform.
Legal | 8,0% | |
Marketing | 35,0% | |
Partnership | 12,0% | |
Operating Costs | 10,0% | |
Development | 35,0% |