General Frequently Asked Questions
Topic | Replies | Views | Activity | |
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How does the xx Foundation fund its operations?
The xx Foundation was provided an initial budget when it was founded, but that ran out in the first year. The xx Foundation will periodically sell coins to fund operations. This is done via sales on exchanges and via OTC… |
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1 | 36 | June 21, 2025 |
Have the team members received their coins? Are the team members dumping their coins?
As of this writing, no team members have received their initial coin grants. See the 3 year audit report for details: Some team members have received coins through grants and bounties, either as sanctioned participant… |
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1 | 20 | June 21, 2025 |
Why doesn't the foundation do X?
The charter of the foundation is as follows: The xx Foundation is a Cayman foundation company legally chartered to focus on supporting and marketing the xx network through backing community efforts in holding physical a… |
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1 | 20 | June 21, 2025 |
How are xx foundation board members compensated?
Board members are not compensated for being on the board of the xx foundation. Membership on the board is a position of trust to disburse foundation funds, and board members are not required to be operational. Board memb… |
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6 | 41 | June 21, 2025 |
What patents exist for xx network technology and how is it licensed to the xx foundation?
David Chaum’s IP holding company granted an exclusive, royalty-free, non-transferable, sublicensable, worldwide license to use all related patents that involve creating and deploying software for blockchain consensus, va… |
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1 | 21 | June 21, 2025 |
About the Frequently Asked Questions category
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0 | 5 | June 21, 2025 |