The Nano Foundation is funded by a development fund of 7 million Nano, which was created in October 2017.
They only use this as earnings?
XNO (NANO currency) is fee-less without gas, without mining, and there is a lot of cost such as promotion cost, management cost, server cost, operation cost…..etc
They all paid these cost by that 7 million funding in 2017???
And why didn’t they find investor such as Funds, Large private investors to invest on it?
Also could you all please share whether it is really a good crypto for transferring funds?
5 thoughts on “How did Nano(XNO) team earn money?”
it is the best experience in moving crypto of any kind.
doesn’t cost anything and the txs shows up in 2 seconds.
I bought into nano and then I went to about six figures, then I lost it all during the crash, now I’m kind of obsessed with the S&P 500, dividends stocks, and bluechips cryptos on wallets with modest APY
It will be good if they can burn XNO
Or try to develop NFT function for XNO
XNO is very useful to transfer exact coin values without losing any to gas. The current price is a mystery
>good crypto for transferring funds?
It’s not, use XLM instead.