T17 - Stability and Funding in a Volatile Market #shorts

Q: The current global financial market conditions are not favorable for many reasons and are expected to get much worse for the next months to come, at minimum. This will probably further negatively affect much of the crypto space. Are the financial affairs, financial backing of the project which are used for ongoing operations, etc. solid looking forward in light of such conditions, could there be a scenario in which funding will be critically lacking and the project in existential risk? Are tangible plans in regards to the future public coin sale or any possible Venture Capital deal, changing the allocation of that public sale change?

A: We invest a lot of effort and will not reach such a bad situation, and indeed all startups will try to raise investment, manage to do so, and quite disregard how good they are. So there is no reason that we shouldn't. I don't think we will reach a situation of existential risk. Maybe it would adjust into a temporary difficult times, but it not going to be existential with the project.
Ohad Asor - Founder & CTO https://tau.net/our-team/

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