Why we hold the ICO and how we will use funds

in #ico6 years ago

One of the most popular questions we hear is: "Why do you have an ICO, and do not look for private investors?"

First of all, we do have proposals from private investors. However, nearly all of them boil down to the same - transferring the rights for the technology into the hands of the investors themselves. A. I. Papusha spent years of his life to develop the Papusha Rocket Technology, and it is one of his best inventions. Parting from this achievement would seem a great crime to ourselves, which we cannot allow to happen!

Our choice is a public token sale and building a community. Our technology has been recognized worldwide; moreover, it brings benefits to the global environment, and can bring profit to our investors. Huge profit. Have a look at our token economy to learn more about how we plan to increase the price of PRT tokens.

Also note that redemption of tokens from the exchange will be done at the expense of fiducial funds, contributing to the development of the cryptocurrency market. This means tens of million dollars a year!

The funds collected during the ICO will be used for purchasing necessary components for creating the PRT-2 unit, its installation and testing. In addition, development of operational documentation, certification, and many more things are required. In addition to these costs, we are also to provide to our investors popular and liquid exchanges, payment for which will also take a significant part of the budget.

At Papusha Rocket ICO, we have consciously withdrawn from the usual concepts of "soft cap", since we will continue developing PRT-2 under any circumstances. But the higher the raised amount is, the faster we will be able to organize production and redeem the first tokens, pay for new exchanges, and repay our community.

Join our Telegram chat: https://t.me/prt_chat and ask your questions!

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