Hi, I was going through some articles to figure out how many coins have been allocated for R&D for FX ecosystem. From my understanding, 20% of EGF funds have been allocated for development of Dapps.
Question 1: 20% of ICO were reserved for engineering. Are these funds being used for team R&D or was this the team’s stake in the project?
Question 2: looking at the fx coin distribution table for next 15 years, there are more then 733 million coins allocated to be “mined” by developers through Dapps. Can someone please explain what this mining entails? Can these funds be considered R&D budget?
I am just trying to figure out how much R&D money is left/allocated.