USE OF FUNDS

INFORMATION ON THE USE OF FUNDS COLLECTED IN THE EVENT OF A MINIMUM CAP (3M)

In this chapter, the use and allocation of funds will be explained. According to the Road Map, here are the initial investment operations in the first year of operation, considering that investments and expenditures in subsequent years will be made with the use of the income from the activity:

  1. Rent for production site of about 2,000 sqm (70,000 euro per year);
  2. Plant personnel, about 6, including administrative and production staff (180,000 euro);
  3. Production material for hardware assembly (120,000 euro);
  4. Marketing and communication (150,000 euro);
  5. Overheads (utilities, insurance, etc.) for the plant (€70,000);
  6. Smart contract “ENC22”: cost 5% of allocated tokens plus 2,000,000 of CWA coin. The cost includes the smart contract for the issuing of tokens, the creation of wallets, the assignment of various domains, the creation of the website, as well as the awareness and provision to CoinWatt a.s. of a loyal customer base for the purchase of company products and services;
  7. Platforms (Multimedia Platform, MyCloud-MailServer, NFT Platform for Renewable Energy, Eco Family System Platform, Platform of the Games, NFT art,
  8. Product Certification Platform, Apps) (EUR 690,000);
  9. Editorial staff 3 units (90,000 euro);
  10. Listing of the coin at the rate of 10% of the allocation (300,000 euro);
  11. 0.5% contribution to NO PROFIT.

For a total of 1,835,000 euro

The remaining sum of euro 1,165,000, to arrive at the indicated minimum cap, will be allocated to the installation of the first MW.

            In the event that the tokens allocation referred to the indicated minimum cap figure is exceeded, the sums will be allocated with the following priority

expansion of the coin capitalisation in marketplaces, at the rate of 10 % of the allocation;
realisation of additional renewable energy facilities, through the sale of portions of their NFT;
marketing and communication;
enhancement of the International Integrated Multimedia Platform;
increase in productive human resources at the plant;

further contributions of 0.5% to NO PROFIT.

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