Hi,

The team owns nothing from the premine the original 3million have been spend 3 or 4 times already.
The development of telos is sponsored by sales of products and services where we often take 20% service fee.
So while we don’t have an Developer treasury we still earn 20% of a lot.

So no treasury as People voted against and no premine left.
I am not the „team“ .. I have a private sum of coins which is around 20M as I accepted Telos payments from the beginning. Than there is another 20M placed on Bitdorado.

There is no team funding.. think more about a Sponsor who decided to accept telos as payment and runs it because it makes fun.

We never neded funding as we act normaly asl hardware and software dealer and manufacturer ..
We get more funding now by overtaking other cryptocurrencies via hosting and exchange services.

The original transcendence wallet can now be released an will bring exchanging and multicoinsupport to your desktop .. this was the original idea which required all the licenses .

Also we are working with some other coins directly for example for CryptoMages.io

Finally we release the Greenbox in a limited number for institutional level. That should be enough for long time.