Post
Topic
Board Altcoin Discussion
Re: CZ proposes an Industry recovery fund.
by
malcovi2
on 15/11/2022, 01:37:11 UTC
The aim of this project is to;
Quote
to support “strong” companies and projects that are struggling with liquidity
and CZ urges that this initiative be supported by other investors.
Link to news

All this is due to the recent issues with FTX.

What do you think about this initiative?
Is there a decentralized public welfare fund? Specifically to solve such problems.

I don't think that there is a smart contract capable to make decisions who gets the funds, you'll likely going to need people to manage the funds which is going to make it not a decentralized structure.