
103 - Celo 2.0 with Rene Reinsberg
GreenPill
00:00
Sell-Off Foundation and on-Chain Fund
With the launch of the network, what we did is we set up the sell-off foundation and sell foundation out of the genesis block got an allocation. So a lot of open source infrastructure and things that we think people will need as they build sort of different applications for regenerative finance. But there's also an on-chain fund. People put forward proposals, they get discussed on the forum. And then when a proposal is put forward to request that funding, every sell-o holder votes gets to vote. That's kind of a way to allocate funding.
Transcript
Play full episode