Can someone please tell me how Rads development is funded? Is it done on a donation basis or something else?
Thank you,
Pablo.
Since inception, we have funded the project from our own pockets and from small community donations.
We are working on establishing a B2B division for the purposes of expanding SmartChain adoption and generating a development revenue stream.
Currently, there is not much need for capital, as we don't have very substantial overhead costs. Over the coming months, that overhead is projected to increase with the launch of our new websites, API services, and more.
Best regards,
-Tim Mesker
TM2013
but I am sure you are using the capital that has been paid off even into profit
I'm not entirely sure I understand what you're saying, however, I can assure you we're not making a profit at the moment. Out of pocket is out of pocket, whether that means our personal paychecks, any gains from a rising bitcoin price, our personal time, etc. The majority of development behind Radium has been divided up between
Justin, myself, and a few other people who have been able to contribute occasionally. While we are now in the process of becoming a professional and well-organized business entity, the same winning team spirit that has keep Radium going for over a year will continue to propel us into the future.
Who is JUSTIN? Are you referring to:
JJ12880I thought you guys will go anonymous? I wonder, what's the next J stands for?
Anyway, I just wanna know, what do you really mean by the "future"? Are you doing a rocket science to catch large companies(so called investors)? That's what happened to bitcoin, (although it was not created for that purpose)when companies saw the use they started investing on it to provide services to the masses. Then it went mainstream.
When ETH started, no average JOE cares about it, but when ETH started shouting out "we can do more things than bitcoin" everywhere, it became popular. I understand you like to see different result, when you shout out you want it louder to create impact to people. But when do you plan to shout out the words about RADS and its functionality? Factom already done that(and I think that's very early for them).
--anyway I'm just asking... because polo's volume went super low and the rads became cheaper. I want to confirm if it's a good thing for "the future" or not?