Marketing Plans and Fees Allocation
Fees Allocation
50% of deposit fees will be used for marketing allocation (shillers, banners etc)
30% of deposit fees will be used payment of moderators and social media mangers
15% of deposit fees will be allocated for audit and any required services
5% of deposit fees will be allocated to the development team for further improvement within the project. (This includes buy backs at specific TVL levels - if required).
Note: We strong believe in the importance of spending on marketing as it enables a long term trajectory of bringing awareness to the app. We have split our marketing approach into 2 main phase.
Developer Tokens
Developer will burn 90% of all VENOM in dev wallet and 10% will be allocated for giveaways and airdrop.
Direct Marketing: Pre-farming
During now till the launch and farming period. We will be focusing more on the direct market approach where we will be making investment on having paid advertisement for our ads and banner on websites.
Indirect Marketing: Post-farming
After farming commences, we will then be looking at more indirect marketing approach where we will be listing on the coinhunt.cc, DappRadar where we in a position for leads to find us. We will also be looking at partnership with other dapps. We believe that is one of the ways to bring traffic into Venom Swap with the right profile of farmers.
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