The DaDepo project requires substantial investment to develop its platform, establish operations, and effectively enter the market. This financial overview outlines the development costs, funding requirements, and projected financial growth associated with bringing the DaDepo platform to full operational capacity.
1. Development and Initial Costs
- Development Undertaken by Noblesse Commerciale OÜ: The creation of the DaDepo system is being carried out by Noblesse Commerciale OÜ, with initial development costs currently funded by the owners’ other companies. This internal funding has allowed DaDepo to progress significantly in platform development without immediate external investment.
- Technology Partnership with Percival Software Ltd.: Essential depository codes, namely Depend and Hubble, have been supplied by Percival Software Ltd. This collaboration leverages proven technology for depository management, reducing development time and ensuring reliability.
- Projected Initial Costs: For the first half of the year, projected costs are approximately €2.8 million. These expenses cover:
- Platform Development: Customization and enhancement of the depository software to meet DaDepo’s specific requirements for handling non-traditional assets.
- Legal and Compliance: Securing necessary licenses, ensuring regulatory compliance across multiple jurisdictions, and establishing robust AML/KYC protocols.
- Operational Setup: Establishing the organizational structure, hiring key personnel, and setting up offices and operational processes.
2. Funding Requirements
- Investment Sought: DaDepo is seeking an investment of €4.8 million to support its activities in the second half of the year, which include:
- Establishing the Organization: Formalizing the company’s structure, expanding the team, and setting up operational frameworks.
- Regulatory Approvals: Submitting applications for operational permits and licenses required to function legally in target markets.
- Market Entry Preparation: Initiating marketing campaigns, client acquisition strategies, and building partnerships with financial institutions and exchanges.
- Allocation of Funds:
- Technology Development: Continued investment in platform enhancements, security features, and integration capabilities.
- Compliance and Legal Services: Ongoing legal support to navigate the regulatory landscape and ensure adherence to financial laws.
- Marketing and Business Development: Funding for promotional activities, branding, and outreach to attract users and partners.
- Operational Expenses: Covering salaries, administrative costs, customer support infrastructure, and other operational needs during the startup phase.
3. Revenue Projections
- Primary Revenue Streams:
- Service Fees: Generated from listing fees, information fees, contract fees, and statement fees associated with asset registration and management.
- Transaction Fees: Collected as a percentage of each transaction amount processed on the platform.
- Growth Potential:
- Scalability: The platform’s scalable design allows for increased transaction volume without proportional increases in operating costs.
- Market Penetration: By addressing a niche market with little competition, DaDepo expects rapid user base growth and asset listings.
- Projected Break-Even Point: With anticipated growth in asset listings and trading volume, DaDepo projects reaching a break-even point within 2 to 3 years of operation.
4. Cost Structure
- Operational Costs:
- IT Infrastructure: Ongoing maintenance and upgrades to ensure platform reliability, security, and performance.
- Legal and Compliance: Continuous monitoring and adherence to regulatory changes, AML/KYC procedures, and international financial laws.
- Customer Support and Personnel: Salaries for staff, customer service teams, and operational management.
- Startup Phase Expenses:
- Extended Management: Additional management resources required during the initial setup and market entry phases.
- Marketing Efforts: Intensive marketing and promotional activities to build brand awareness and attract early adopters.
- Market Entry Activities: Costs associated with launching the platform in new markets, including localization and regional compliance.
5. Financial Sustainability and Profitability
- Low Incremental Costs: Due to the platform’s design, additional transactions and asset listings incur minimal incremental costs, enhancing profitability as volume increases.
- Monopoly Framework Advantage: Operating in a niche market with limited competition, DaDepo anticipates capturing significant market share, leading to robust revenue growth.
- Long-Term Financial Goals:
- Expansion: Reinvesting profits to expand services, enter new markets, and support additional asset classes.
- Investor Returns: Providing attractive returns on investment through sustained profitability and market leadership.
- 50% market share globally.
CEO Tõnis Hilep
+3725078332