Allocation of Funds
Ohai is raising 55 million dollars to fund the following initiatives:
The development of a world-class 1000-bed, 300-acre retreat center in Colorado, US designed by Perkins&Will (estimated 30 million dollar cost).
Ohai Wellness - a psychedelic wellness company.
Ohai Wallet - a decentralized social wallet.
Legend of Ohai cartoon series pilot with Universal Pictures.
Ohai Wellness brands: athleisure wear, nutrition supplements, and drinks business lines.
Funds from the smart contract will go to four sources:
Ohai Treasury - The treasury will manage funds for the Ohai project. It will by a multi-sig wallet hosted through Safe that the Ohai Tech Council will control.
Ohai LLC - These funds will be used immediately to fund operations for Ohai.
Charitable initiatives - These funds will be used to support our various initiatives and partners.
Artist payment - These funds will be used to pay our artists.
| Description | % of Funds | Wallet Address |
|---|---|---|
Ohai Treasury | 78% | coming soon |
Ohai LLC | 17% | coming soon |
Charity | 4.99% | coming soon |
Artists | 0.01% | coming soon |
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