Months of preparations, countless meetings between legal, business and IT teams, tons of analysis and we are finally ready to go public. Here are some milestones we have set for ourselves for 2022.
The last quarter of 2021 and the first of 2022 was a busy time of moving from ‘concept’ to ‘execution’ – putting together the team, securing budgets and key agreements between backers and Future Fund, building the legal framework, and doing lots of planning. And it’s just the beginning.
Business development and legal compliance
We have established long-term cooperation with key experts in the area of private investments – including former heads of European finance institutions.
In the first quarter of 2022, we finalized the majority of legal requirements and concepts. Since this is a long process, we are expecting to finish it in early June, after we receive the final legal opinions for our utility and security tokens.
We have secured USD 2.5M in seed funding and are concluding the Private Sale round with a similar result, with last contracts underway.
In the third quarter of 2022, we are preparing to launch the first public sale round. In total, there will be ten rounds for the public to join – running from May to September 2022. Before we do that, we want to establish cooperation with one of the major launchpads. Talks are underway.
We want to approach the public sale as one of the most trusted and vetted ITOs of 2022. That’s why we are working hard with our legal team and EU institutions to ensure that our business model, risk management strategy, and the general approach deserve an official license to operate. On the other hand, as a DeFi we want to get reassurance from one of the auditing companies specialized in blockchain projects as well as undergo a third-party due diligence process run by one of the established launchpads.
IT and blockchain operations
An internal IT team as well as external support from our partners at GotIT and Nextrope have been secured in the first quarter of 2022. Aa a result, we have finalized the smart contracts and launched Growth Token as a utility token.
In the third quarter of 2022, we will be launching open consultations with our developer community and regular users about the mobile and desktop apps and continue working on user experience, user interface and overall ecosystem architecture. Our aim is to publish first MVP mock-ups before August 2022.
We expect to launch the first beta version of the app in the second half of the year. With further adjustments based on community feedback, we expect to have a stable version of the app at the end of the Q3 2022.
In the meantime, we will be adjusting external landing pages to facilitate information flow and public sales.
Marketing and communication activities
The whitepaper – along with basic landing page – has been published in the early days of 2022, when the marketing team was forming.
Currently we are preparing to launch full-scale global communication activities focused on two areas:
Community growth involving Twitter, Telegram and Discord are underway launching gradually from May and June 2022.
The next steps will be focused around public sale reach and engagement activities including, but not limited to: airdrops, lead acquisition, sales marketing, online events, and utilizing partnerships in the most efficient way.
After the planned conclusion of the public sale in September 2022, we will focus more on awareness activities and building long-term reputation for Future Fund.
For more information, you can consult our roadmap and whitepaper. To stay up-to-date with the most recent Future Fund news, follow us or reach out via social media:
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