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![matiwinnetou Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2582379505.png) $matiwinnetou | C₳rdano F₳ns (CRF₳) [@matiwinnetou](/creator/twitter/matiwinnetou) on x 12.7K followers
Created: 2025-07-21 13:10:37 UTC

He is mostly right. I say mostly because some work is hard to quantify, e.g. research on Ouroboros Leios, Ouroboros Praos, Genesis being implemented in node 10.4.x and 10.5.1, Mithril, Plutus V4 coming up.

Some workstreams like e.g. Bullet that likely @MicroProofs is being now financed on are also invisible but very important.

Now is it worth this amount, maybe, maybe not. Work is needed, question is on the price. What we don;t know how much is spend on taxes, internal affaird to keep going and how much is passed down to devs. Could be individual on small salaries. 

My biggest issue is no transparency what happened to sales of genesis ADA. If dump in 2021 at X USD was done, then it means they had a ballance sheet of over X bln USD.

If this is true then it is very controversial to ask for me if you assume genesis ADA was supposed to use to "finish Cardano". If you assume that genesis ADA is used to "enrich them" then why did they bother to work so long but should jave throwed in the towel already before. Charles said, he works since 2020 for free? What does this even mean, what is the definition he has there?

I think a lot boils down to perception, do they perceive genesis ADA as a way to boostrap ecosystem or as "profit". If they perceive as profit and we perceive as money to bootstrap Cardano, this is where the whole fuck-up is made.

So what is it, profit or initial funds were used to bootstrap ADA ecosystem (not profit)? Same for Emurgo and same for the CF.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947283072531001362/c:line.svg)

**Related Topics**
[plutus](/topic/plutus)
[$matiwinnetou](/topic/$matiwinnetou)
[mithril](/topic/mithril)

[Post Link](https://x.com/matiwinnetou/status/1947283072531001362)

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matiwinnetou Avatar $matiwinnetou | C₳rdano F₳ns (CRF₳) @matiwinnetou on x 12.7K followers Created: 2025-07-21 13:10:37 UTC

He is mostly right. I say mostly because some work is hard to quantify, e.g. research on Ouroboros Leios, Ouroboros Praos, Genesis being implemented in node 10.4.x and 10.5.1, Mithril, Plutus V4 coming up.

Some workstreams like e.g. Bullet that likely @MicroProofs is being now financed on are also invisible but very important.

Now is it worth this amount, maybe, maybe not. Work is needed, question is on the price. What we don;t know how much is spend on taxes, internal affaird to keep going and how much is passed down to devs. Could be individual on small salaries.

My biggest issue is no transparency what happened to sales of genesis ADA. If dump in 2021 at X USD was done, then it means they had a ballance sheet of over X bln USD.

If this is true then it is very controversial to ask for me if you assume genesis ADA was supposed to use to "finish Cardano". If you assume that genesis ADA is used to "enrich them" then why did they bother to work so long but should jave throwed in the towel already before. Charles said, he works since 2020 for free? What does this even mean, what is the definition he has there?

I think a lot boils down to perception, do they perceive genesis ADA as a way to boostrap ecosystem or as "profit". If they perceive as profit and we perceive as money to bootstrap Cardano, this is where the whole fuck-up is made.

So what is it, profit or initial funds were used to bootstrap ADA ecosystem (not profit)? Same for Emurgo and same for the CF.

XXXXX engagements

Engagements Line Chart

Related Topics plutus $matiwinnetou mithril

Post Link

post/tweet::1947283072531001362
/post/tweet::1947283072531001362