[vorpalhex]

We're caught in a circular trap here. Money doesn't come from nowhere (let's put aside actual fiat currencies for a moment) and the payouts aren't in tokens as far as I'm aware.

1. Who is putting the money into the system? An outside investor? Miners?

2. Blockstack is putting out significant amounts of cash and are a private company. How do they intend to profit off of this in the future? Selling user data? Injecting ads?

[muneeb]

The pay outs are in Stacks (STX) tokens. Only the pilot phase was in USD/BTC which came from a developer growth/marketing budget that Blockstack PBC funded.

See this post for details: https://blog.blockstack.org/app-mining-plans-to-pay-blocksta...

Newly minted tokens as incentives have been in use since Bitcoin started 10+ years ago. We are using that concept for developer incentives.

[peternicky]

Waiting patiently for answers; the responses are not comforting.

[muneeb]

See reply above. Thanks,