Everything looks smooth except 40% of total supply being hold for company,money invested in ICO already goes to company so it looks a bit a lot in my opinion. If you consider to have a second ICO in future and it is reserved for it then its a different situation. What is the main reason you reserve up to 40% of it ?
Good question.
By holding our token, investors will receive 0.7% (transaction fee paid by the users) in ETH of all transactions made through the Confido platform. As our company grows, the payments will get bigger. We, as a for-profit company, want to profit off of this too. Therefore, we hold 40% of all tokens to gain 40% of the revenue created by transaction fees. The other 60% of our revenue goes to the investors. This is also to ensure that we have enough funds to keep the company running. We'll have to pay salaries and that money has to come from somewhere.
We won't profit off of the ICO. We are raising just enough to cover all of the costs to develop and market our product.
