💲6.2 Purposes of Fund Raising

Our team found that the market of Web3.0 domain is in explosively growing stage, and the penetration and adoption will become more popular due to the publicity of cryptocurrencies, NFT and DAPP. To enhance the market share in Web3.0, we have to strengthen our competitive advantages in relatively short period. Therefore, how to well utilizing the fund raised would become one of the success factors in this project. The fund will be mainly used in the following areas:

1) Expansion of our technical team

Strengthen our technical workforce to complete our roadmap regarding our planned timeline

2) Marketing Expenditure

Achieve sales target with aggressive marketing promotions (1M domains in Yr2022; 2.3M domain in Yr 2023)

Develop a comprehensive reseller network

Educate the public about domain adoption and application

Enhance the publicity including social media, project community, press release, virtual or onsite events

3) Project Operation

Reserve for the daily operation