IOTA Founder Personally Refunding Hack Losses to ‘Safeguard’ Project’s Remaining Reserves

Until then, the IOTA project finds itself sailing between ever-tightening fiscal straits. “In the long term, over the next 12 months, we hope that the majority of our costs will be covered by grants and revenue streams,” Sonstebo said, “but at the moment right now it’s just important that over the next month we continue without any disturbance or any concern about the runway.”

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