if i did the math correct you are selling 11% of the fees is this correct?
so the project ist worth 100.000 USD?
so, what i miss is the businessplan. so will tipping in the future cost something? or where are all the fees are coming?
2. for what do you need the money?
3. how much was put in from the founders?
1)
were selling 80% of the fees, distributed as such:
55% to shareholders
35% to ccedk
10% to beyond bitcoin
the other 20% covers bitshares network fees and any remainder is allocated to shareholders.
250k ShareBits shares are issued, we are are selling 50k of the 250 for this crowd funder, the amount were asking for is 9 thousand usd
0.18 per sharebit
this puts the valuation at roughly 45 thousand usd.
2) this is the breakdown as such:
Work so far: 40~ hours @ 60$ / hour: 2400
Work planned: 40~ hours @ 60$ / hour: 2400
Server Cost for 1 year: 1200$
Ongoing Maintenance Costs ~20 hours per year: 1200
Additional Features for CCEDK ~30 hours: 1800
Total: 9000
work so far:
forum crawler bot
web front end
custom images / logos
misc maintenance
work planned:
reddit (done)
twitter (done)
facebook (done)
mumble (done)
disquis
medium
other social media platforms
additional features for ccedk:
fiat integration
open ledger api support
ccpayt integration
3) 2.4k usd from the founders was used to pay for 40 hours of development.