07/08/19 11:00 UTC-4

Breitman promised to donate part of the capital to charity

OtherCo-founder of Tezos gives his savings to charity
Co-founder of Tezos gives his savings to charity

The Tezos Foundation is required to buy out Dynamic Ledger Solutions, a company owned by the Breitman family, the creators of the Tezos project. When this happens, Kathleen Breitman will direct 15% of her share to charity through the Founders Pledge program.

 

Breitman gives money to charity

According to cryptocurrency news, when the sale of Tezos tokens for $232 million took place, the Tezos Foundation was created, the company also committed to acquire Dynamic Ledger Solutions, founded by Arthur and Kathleen Breitman.

Now, Kathleen Breitman has signed a commitment with the Founders Pledge to give 15 percent of her profits from this sale to charity.

It will take at least four years for Breitman to gain access to full revenue, so the value depends on the performance of XTZ and cryptocurrencies on sale.

Estimation of fair value is complicated by the ongoing legal disputes surrounding the Tezos ICOICO
(Initial Coin Offerings) is an acronym, which means a primary currency offer. Details
, but if the sale had already been completed, the cost of XTZ Arthur and Kathleen Breitman together would be $ 97 million.

Breitman signed a commitment with the Founders Pledge to donate part of her initial coin income to charity. Recall, on July 4, in the official Binance Academy Twitter account, a message appeared about the use of the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
for charity.

Editor: Yuliya Soroka

See also: "Penfolds Winemaker uses blockchain technology to authenticate wine"

#Breitman #cryptocurrency #charity

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