|Name and position of the person responding:||Emin Garayev, CEO|
Resident or taxresident of the United States of America (hereinafter referred to as the “U.S.” or U.S. Person under definition of Rule 902 of the U.S. Securities Act of 1933), People’s Republic of China (hereinafter referred to as “PRC”)
|Soft cap (USD):||1.900.000|
|Hard cap (USD):||33.000.000|
|Token Sale start date:||October 10, 2018|
|Token Sale end date:||December 21, 2018|
Describe your ICO project in one paragraph: Today, Mambo24 is one of top ten largest online marketplaces in Russia due to the number of goods and services on the same platform, has over 10,000 regular customers, over 500 partners selling consumer products, more than 300 restaurants from 20 Russian cities, and air tickets to all destinations from 300 world airlines.
How is your project different than other ICOs announced recently? The project Mambo24, a successful and progressive business. We are operating in 2 countries and going to launch Mambo24 in other countries, in the same time developing new technologies such as p2p logistics, etc.
Is your token a utility token? What is its utility? Yes, it is a utility token. You can buy consumer goods and services with mambocoin in our marketplace in the countries of presence.
Does your ICO currently have partnerships or strategic relationships with other companies or organizations? Yes we have already agreement with more than 600 partners all over Russia which are ready to accept Mambocoins as payment option.
How do you plan to use the funds in developing the project? (Ex. 40% R&D, 20 marketing, 40% pizza) 60% – for project development in Russia and project launch in Turkey, India, Indonesia. 35% – technical development of the project. 5% – other expenses.
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