Use of funds
The funds raised will be used to develop the startup in the approved areas:
● NFTs
Acquisition of NFTs and other digital assets used in Play-to-Earn games that NGG will lease.
Moreover, NGG set aside 3% of allocation for the purposes of purchasing NFT assets.
● Marketing
Marketing aimed at attracting new guild members, fellows, managers, investors.
Moreover, NGG set aside 11% of allocation for the purposes marketing.
● Technologies
Attracting professional specialists in the field of IT and blockchain for the effective operation of all community processes.
Moreover, NGG set aside 3% of allocation for the technologies.
● Management
To attract highly qualified personnel for community moderation, content filling, leveling up players and scholarship holders, as well as scholarship management.
Moreover, NGG set aside 5% of allocation for the purposes of management.
Use of raised funds
The funds raised will be used over the next 2022-2023 as follows:
Target | Amount | % |
P2E NFTs | $2 100 000 | 66.45 % |
Marketing | $273 000 | 8.57 % |
MetaCombine (developing) | $300 000 | 9.4 % |
Team rewards | $195 000 | 6.17 % |
Liquidity | $97 000 | 3 % |
Administrative and Legal resources, TGE | $195 000 | 6. 17 % |
Total | $3 160 000 |
Seed round
Target | Amount |
P2E NFTs | $264 000 |
Marketing | $60 000 |
MetaCombine | $70 000 |
Total | $400 000 |
Reporting
Holders of NGG tokens will be reported on the use of funds on an individual basis.
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