Admins, I’m curious, which of the Celer projects primarily fund

Question

Celer Network - English

Ted Lasso

Admins, I’m curious, which of the Celer projects primarily fund

the project? Do cbridge fees make up a significant percentage of the revenue?

#celer #cryptocurrency #english

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24.01.2022

4 ответов

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Ted Lasso Автор вопроса

Insomniac | Will Not DM First
Well don't know for sure if the team is using fund...

Thanks. It would put a lot of us at ease to have some idea if they can sustain without outside funding. I would imagine a tiny percentage of cbridge fees would be helpful 😀 how do the validations on SGN help? The commissions?

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24.01.2022

Oli J - WON’T DM YOU

Ted Lasso
Thanks. It would put a lot of us at ease to have s...

Currently SGN validating earns CELR. In the future, it will also include bridge fees.

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24.01.2022

Insomniac | Will Not DM First

Ted Lasso
Thanks. It would put a lot of us at ease to have s...

Well i can't say i know exactly what the books are like but the team has been building since the past bear market and the founders are very aware of the financing needs to last through a bear market. Also, based on past fund raises (my opinion) team has only ever raised what is necessary rather than doing large fund raising which dilutes the the ownership and administrative control of the project.

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24.01.2022

Insomniac | Will Not DM First · Accepted Answer

Insomniac | Will Not DM First

Well don't know for sure if the team is using funds from cbridge fees to fund the project. They had raised funds earlier in 2021 and at the same time the team has validators running in SGN as well. They're quite prudent with their expenditure.

0

24.01.2022

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Admins, I’m curious, which of the Celer projects primarily fund

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