They need money for listing on exchanges. What happend to the money that was give by Overstock ?
What money? Overstock hasn't paid a dime so far (unless they OTC/bought off exchange.) Some programmers are salaried by Overstock via Medici, but there was no, "Hey, I'll pay you lots of money for the coin."
The coin was all mined. The devs didn't pre-mine this to sell to anyone. There was no ICO.
They are referring to this link.
https://cointelegraph.com/news/overstock-ceo-puts-millions-of-dollars-into-unknown-coin-compares-to-bitcoinIt was a sham. He lets his employees work on RVN on company time. However the time has come for the moneybois to quit with the "community coin" scam in my opinion, this coins community is governed like NO OTHER community coin. I'd call it a corporate-community-shielded model. The price manipulation on Crypto-Bridge can be alleviated by getting listed on bigger exchanges. If Patrick could invest a million before, what's another million from Bruce Fenton or any other "founding party" to get Ravencoin listed on exchanges with more visibility? I'm sure you they will tell you a DEX is great, and it was for RVN's first exchange, but the time has come for some proper volume for this coin.
Maybe they just like the price manipulation, or don't care and want to keep pretending it';s a community coin. Who knowz.