Funding

Funding has always been an issue for Torque, we have only a handful of developers and unfortunately most of us are quite busy than we were before when we had just started the project. We tried setting up donation pages and one of our community members who is now a developer OxHaK has even made a tipping and donation platform which accepts XTC. Both of these efforts have been lamentably futile. Both of which were not bringing in enough money to grow the project let alone sustain it.

To overcome these issues we’re integrating a treasury within the blockchain which will contain 1% of all the total supply. This money will be used for paying the team efforts, getting new people to help with the design, marketing etc.

The community has been suggesting an option like this for many months now but we thought we would try going the donation route before we do something like this. But since that didn’t work out we think this is the best possible option that is in front of us. In the spirit of transparency we will be making the view keys to the wallet public so the people will have some knowledge regarding the movement of the funds.