Ryan Sean Adams
๐ค SpeakerAppearances Over Time
Podcast Appearances
So now we're in the third four-year period.
So there's something on the order of 2 million Zcash coins that are going to get issued over the next four years.
And 20% of those are going to this dev fund.
So at a price of $400, let's just say for simplicity, Zcash is worth $400 a coin for the next four years.
That's going to be about $200 million is going to be issued through this dev fund thing.
Whereas back when it was worth $50 a coin, that would have been $60 million or something.
I don't know.
Anyway, my point is that's a lot of money.
And that's...
That's what's so encouraging to me about the price of Zcash going up.
It proves that people value this, and it means all those recipients of the debt fund are going to be more numerous and more high-powered, more empowered, more well-fueled for years.
Positive feedback loop.
Let me add one more thing.
Yeah, it's a positive feedback loop.
Let me add one more thing.
I personally and my organization, Shielded Labs, are not one of those recipients of the Dev Fund.
I work for this company called Shielded Labs.
I'm not even the boss of it.
The boss is Jason McGee and he's awesome.
And Shielded Labs only focuses on Zcash and we think the Dev Fund is great and important and a central sort of strategic advantage of Zcash long term.