7.1 Project Fundraising Goal
Powering the HOFS Project for the next decade.
Fundraising Goal:
Delivering the company 10 year vision requires a substantial war chest.
The HOFS Token has a capped supply of 50 Billion tokens from which 10 Billion tokens will be sold in progressive rounds as the project matures. The remaining 40 Billion tokens will be managed and distributed from the HOFS Token Reserve.
The HOFS token will be released progressively to the market and early investors to preserve token value and prevent hostile actors engaging in malicious acts. Funds raised from the Token campaigns will be used to accelerate the different projects (NFT & Token launch, Metaverse development, bloodstock acquisition, Studfarm purchase) as the company reaches each financial milestone to kick off the next phase of works.
The HOFS team believes that the total quantity of HOFS tokens being generated reflects the complexity of the company’s mega projects with adequate liquidity required to successfully execute the Global Studfarm and Metaverse Vision.
HOFS will actively seek to list the company token on reputable crypto exchanges as soon as is feasible. The team will lock tokens to provide investors with surety that the company represents premium Blue Chip value for long-term holders.
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