/Sources/raw/twitter/1334251265426014209.md
Tweet 1334251265426014209 - Dom's Brain
Tweet 1334251265426014209 author: dominic w created at: 2020 12 02T21:41:05Z url: https://x.com/dominic w/status/1334251265426014209 reply to: https://x.com/...
Tweet 1334251265426014209
- author: dominic_w
- created_at: 2020-12-02T21:41:05Z
- url: https://x.com/dominic_w/status/1334251265426014209
- reply_to: https://x.com/zawy3/status/1334225903191273474
- quote: none
- metrics: replies=1, reposts=0, quotes=0, likes=3, views=unknown
- media: none
Original Text
@zawy3 When the Internet Computer ledger was created, there were 469M ICP (formerly DFN) governance tokens. A large proportion were granted to the DFINITY Foundation as an endowment. It sells these to fund operations (community, VCs, hedge funds) & disburses them as team incentives.