A majority of funds are being passed on from the Issuer to an affiliate to develop the Socios.com platform, secure partnerships & realize the platform’s digital infrastructure.
Funds are being used to acquire new users for the Socios.com platform and grow engagement in its voting utilities, P2P user experiences and marketplace.
Funds have been used to ensure that the Socios.com platform maintains fully independent operations and has the strategic freedom to grow on its own terms.
& LEGAL: 5%
Funds have ensured timely audits for chiliz, for Socios.com platform security and the legality of the platform’s operation in the EU and in all other relevant global markets.
The Issuer has invested in Malta’s emergent blockchain ecosystem, developing valuable partnerships to help the company and its stakeholders as we grow.