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Celestia Founder: Reserves Exceed $100 Million, Enough to Support Over 6 Years of Operations

Summary: In a recent post, Celestia founder Mustafa Al-Bassam stated, 'Despite ongoing FUD and increasingly absurd claims, all of Celestia's founders, early employees, and core engineers remain committed. We are still as dedicated as we were when Celestia was first established 5 years ago. I don't care about any FUD; I entered the crypto industry in ...

In a recent post, Celestia founder Mustafa Al-Bassam stated, 'Despite ongoing FUD and increasingly absurd claims, all of Celestia's founders, early employees, and core engineers remain committed. We are still as dedicated as we were when Celestia was first established 5 years ago. I don't care about any FUD; I entered the crypto industry in 2010 and know that survival in this field requires thick skin and the ability to endure. After all, all tokens experience a 95% drop in their lifecycle. We have reserves exceeding $100 million and over 6 years of operational funds, so we are prepared for a long battle, no matter how long it may take.'

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