The pEOS team announced the pEOS Privacy Fund. Through the pEOS Privacy Fund, they will allocate 50 million of the pEOS tokens reserved for the team, to support third-party privacy oriented projects; projects that take advantage of the pEOS technology and the PEOS token.
This as a result, will enable their incentive fund to be reduced to 150 million PEOS (19% of total supply).
The 50 million PEOS of the pEOS Privacy Fund will be allocated to teams that will qualify; under terms that will be tailored to each project.
The pEOS team stated:
“We are already aware of several existing projects that want to integrate privacy features but can’t cover the additional cost that that implies. Additionally, we are certain there are also teams and individuals out there that have privacy products in their heads, talented people with great ideas, that can’t find a way to realize their goals. We know this because we have been in that position ourselves. We are now in a position to help!
If you are a team with an existing or new product related to privacy or you think that the pEOS technology can help your product become privacy aware, please contact us here.
We are looking forward to hearing from you!”
To apply for the fund, head to peos.dev at yandex.com