Marketing, Finances, and Budgeting

It is important for those who follow this project to understand where we stand financially and how our decision-making process works. A lot of this may be already-known information for those who have been with us since 2017, but neverthelesss it will be beneficial to go over it again.

In our contribution period, Upfiring raised approximately 250k USD, mostly in ETH, to fund the project. In the world of startups and especially cryptocurrency, this is a very small amount. We have had to be very careful regarding the use of these funds over the past 2 years to ensure we can build out our project and accomplish everything we have set out to do. Projects that raised 10s or 100s of millions of dollars have designated social media managers, community managers, marketing and sales teams, writers, and more. Upfiring does not have these luxuries, and we’ve had to do things a bit differently to compensate. As a result, our team consists of developers who wear multiple hats and are responsible for managing many different aspects of the project all at once. Here is a review of each stage of the project over the past 2 years: