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Most development is sponsored by OB1 (where I work). We have raised money from investors like A16Z, BlueYard, and USV. The project also supports donations. We d
by tylersmith 9y ago
Most development is sponsored by OB1 (where I work). We have raised money from investors like A16Z, BlueYard, and USV. The project also supports donations. We don't need to skim fees to survive.
Edit: Additionally, the aim is to be an open protocol for trade and not just a product. Fees for using an open protocol don't make much sense.
- codetrotter 9y agoDoes OB1 have a source of income?
- tylersmith 9y agoNot currently. Now that the base protocol is becoming stable we're going to start focusing on growing and starting for-profit products and services.
- codetrotter 9y agoWhat kind of other things are you going to build on the protocol? (If you are able to say so in public yet.)
- tylersmith 9y agoPublic things are that we're working on crypto trading and a mobile app right now. We're also building out some basic reputation services starting with our Verified Moderator program. I'm not a business guy so I can't give you details on possible monetization routes.