17 May 2018 How will ICO funds be allocated?
- Market Expansion 79.5%
Funds will be used to build of an internal team of developers that will fully roll out, maintain and scale the You42 platform, license professional and semiprofessional digital entertainment content (music, video, games, etc.), and support operational activities that will contribute to the platform’s mission. Further, resources allocated to marketing and PR for the platform will focus on building the You42 brand and executing a competitive user acquisition campaign to grow the network and user base.
- Administration/Operations 20.5%
Legal, security, accounting, and other administrative and operational costs associated with the launch of the U42 token and You42 platform. Some of these costs include debts accrued during the development of the You42 product prior to the launch of the U42 token.