[BitPush] Celestia founder Mustafa Al-Bassam stated: “Despite the constant FUD, and it becoming more absurd day by day, all of Celestia’s founders, early employees, and core engineers are still here, and we are still as dedicated as we were when Celestia was founded 5 years ago. I don’t care about any FUD; I have been in the encryption industry since 2010 and have long understood that surviving in this field requires thick skin and the ability to swallow sand and stones. After all, all tokens will experience a 95% big dump during their lifecycle. We have over $100 million in reserve funds and more than 6 years of operating funds, so we are prepared for a long battle, no matter how long it takes.”
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Celestia Founder: $100 million reserve and 6 years of funding to firmly tackle FUD challenges
[BitPush] Celestia founder Mustafa Al-Bassam stated: “Despite the constant FUD, and it becoming more absurd day by day, all of Celestia’s founders, early employees, and core engineers are still here, and we are still as dedicated as we were when Celestia was founded 5 years ago. I don’t care about any FUD; I have been in the encryption industry since 2010 and have long understood that surviving in this field requires thick skin and the ability to swallow sand and stones. After all, all tokens will experience a 95% big dump during their lifecycle. We have over $100 million in reserve funds and more than 6 years of operating funds, so we are prepared for a long battle, no matter how long it takes.”