How does Answerly plan to utilize funds from SCF

Hello Stellar Family,

I thought that it’s important for us to be totally transparent about how we plan to utilize the funds from the ongoing Stellar Community Fund — so here it goes.

We are seeking funds that would last us for the next 18 months. By that time, Answerly should self-sustain itself through revenues generated from the platform.

Here are the main goals of Answerly in the coming months

Goal 1: Complete the remaining development — Mobile app, Answerly Pro features, Integrated P2P exchange.

Goal 2: Start Answerly video series on Youtube

Goal 3: Improve SEO and SMM

Goal 4: Market making for Answerly token on Stellar decentralized exchange

Goal 5: Covering additional expenses: Hosting, Plagiarism check API, buying Answerly.com domain, and migrating the website from Answerly.app to Answerly.com

In-depth

Goal 1: Complete the remaining development: Currently we are just a team of 2 people working on Answerly. In order to successfully complete the upcoming tasks, we need funds to hire a total of 8 employees for Social media marketing, Development, Content writing, Designing, etc. This would cost us around $5000 per month. (5000x18 = $90,000).

Goal 2: Answerly videos on YT: Total 200 videos (~$125 per video) = $25000.

Goal 3: SEO & SMM: $7,500 for guest posting on high-authority websites. This would help us to improve answerly ranking on the search engines. $7,500 for Instagram shoutouts.

Goal 4: Additional expenses: Salaries for the core team, hosting costs, plagiarism API cost, buying answerly.com domain name — Everything for $10,000

Goal 5: Market making for Answerly token on Sdex $10,000

Regards,

Raza Rizvi