coti company. Could I ask where does Coti get fund to pay expenses, wages ? Does it come from VCs or income from coti product itself or coti employees get their wages by coti token?
Thank you so much.
Hello 👋 Revenue comes from liquidations, treasury fees, merchant fees, also Djed operating fees that will be paid in ADA and deducted from the initial deposit and operational costs.
In conclusion, so employees get paid in term of coti token right sir?
This is internal information and not for public discussions.
Right
One more question. Could you please give me the detail about merchant fees, how many merchants that paid coti fees for now(approximate number is ok)? Thank you so much.
I will check and let you know
Doesn't the project also earn a fair amount from the token unlocks that happen ever 6 months? I would have thought that the amount from selling those coins out weigh currently other income streams.
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