The funds collected during Phase 3 of the IDO starting on ${PHASE3_START} will be used as operating capital for Q4 of FY 2023 and for all of FY 2024. As in the previous Phase, all of the collected funds will be in the form the ShareCash stablecoin with 22.2% of the proceeds will to be reserved as liquidity on decentralized exchanges as well as for fiat liquidity to support the PSC and PSS tokens. 5% of the funds will be reserved for transaction fees. PS will begin recruitment of engineers for the ProductStake.com platform with 27.8% allocated to platform development and building PS DAO Governance dashboards and improvements of the PS Marketplace UI/UX. More funds will be deployed to marketing in order to grow Marketplace GMV with 20% (USD $2.5M) allocated to purchase advertising on social platforms as well as strategic partner media sites. The legal work during this stage will be focused on the formation of PS DAO under the Fair Share Commons incorporation system with 10% (USD $1.46M) going towards legal and accounting expenses.
