Allocation Of Funds

The allocation of funds is a crucial aspect of TAO's long-term success and sustainability. With a target of raising $6 million, TAO has carefully planned the distribution of funds to ensure that each aspect of the project receives the necessary resources for growth and development. This document outlines the allocation of funds across various components of the TAO ecosystem.

• Team - $600k (10% of total target raise): The TAO team is the driving force behind the project, and 10% of the total target raise is dedicated to the team. This allocation ensures that the team is adequately compensated and motivated to work towards the success of the project.

• Initial Liquidity - $800k (2,000,000 TAO @ $0.40): A strong and stable liquidity pool is essential for the TAO ecosystem. $800k will be allocated to establish the initial liquidity, securing 2,000,000 TAO @ $0.40.

• DAO - $3.5m (locked for 12 months): The DAO serves as the core of TAO's governance structure and community involvement. $3.5 million will be locked in the DAO for 12 months, ensuring that the community can participate in decision-making and have a significant influence on the project's direction.

• Marketing - $200k (Initial team use): Spreading awareness about TAO and attracting new users is vital for the project's growth. $200k will be allocated to marketing initiatives, managed by the initial team, to promote TAO and expand its user base.

• Security - $450k (Audits and bug bounties): TAO prioritizes the security of its platform, and $450k will be dedicated to ensuring the safety of its users. This allocation includes funding for audits and bug bounties, with a $250k bug bounty for the initial 12 months to encourage the discovery and reporting of vulnerabilities.

• Development/Partnerships - $250k: To further enhance the TAO platform, $250k will be allocated for the development of additional resources, server costs, infrastructure costs, community costs, and other expenses. This fund will also be used to foster partnerships that can contribute to TAO's growth and expansion.

• ZolTAO Grants - $200k: TAO is committed to supporting the community and rewarding outstanding members who contribute to the ecosystem. The ZolTAO Grants fund, with an initial allocation of $200k, will provide financial support for community members building on top of ZolTAO.

Usage of Funds and Governance: The usage of funds is defined and managed through the TAO governance structure. This approach ensures transparency, accountability, and community involvement in the decision-making process, resulting in a balanced and strategic allocation of funds for the project's long-term success.

TAO's allocation of funds demonstrates a thoughtful and balanced approach to resource distribution, prioritizing the growth and development of the project while empowering the community. By strategically allocating funds across various aspects of the ecosystem, TAO lays a strong foundation for sustained growth and success.