✔️Use of proceeds

With your fund, we will be covering the proper development of the platform and its blockchain integration. We will be using these funds as follows:

R&D and Tech 25% of the total funds raised will be used for research and development of the platform and technological improvements. The platform will be upgraded to include feedback from SMAT's users regarding the user experience and interface, to keep our users’ satisfaction level high.

Marketing and business promotion 25% of the total funds raised will be used for marketing purposes to promote our platform among potential users. As a result, this will help us increase our community and the number of transactions performed on the platforms and thus the intrinsic value of the tokens.

Sales & Partnerships 20% of the total funds raised will serve our commercial needs (team, events, representations...) and the conclusion of strategic partnerships such as partnership with third-party custodian, DeFi protocols providers, centralized or decentralized exchanges, insurance companies, etc.

Legal and regulatory 10% of the total funds raised is for all the legal work that is necessary for the functioning of our platform, such as the obtaining of the Fintech license from FINMA or any other regulatory authorization to conduct the SMAT Business in Switzerland and in other countries, as per our international expansion strategy.

Operations 15% of the total funds raised will be used for the operating expenses and other petty expenses that will occur regularly.

Provisions 5% of the total funds raised will be kept as provisions to use in the future for any emergency use or for any other major expenses incurred.