You want to say that HEM may not exist in the future? Or is it specifically done to buy this token even lower?
What?
This is a separate funding proposal to the nem foundation. That has been funded. This passed the public vote too. The people with the purse strings decided against it. I preferred their emphasis on developing the actual chain rather than woolly PR speak.
It does say in point 4 that the foundation will fund NEM Labs, unless I misunderstood.
Quote:
4. That funding the NEM Labs team will accelerate the launch of the catapult public chain. (Nearly all of the NEM Labs resources allocated to launching the catapult public chain can and will be funded by the NEM Foundation. Although certain biz-dev activities will likely be delayed, we dont view them as critical pre-launch.)