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NEM Foundation Releases Restructuring Plan, Will Set Up "Transformation Working Group"

Liang CHE

Summary: According to cointelegraph.com, the NEM Foundation has released its financial and organizational restructuring plan on March 8. On February 20th, the foundation decided to release 210 million XEM tokens ($8.7 million) from its reserves, of which the first 25 million ($1.04 million) will be used to “build a new product-centric and revenue-driven process” And structure, ...

According to cointelegraph.com, the NEM Foundation has released its financial and organizational restructuring plan on March 8. On February 20th, the foundation decided to release 210 million XEM tokens ($8.7 million) from its reserves, of which the first 25 million ($1.04 million) will be used to “build a new product-centric and revenue-driven process” And structure, the new token is said to support the NEM Foundation until February 2020.