Is Verge Currency a private company and how is it funded?

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No, Verge is 100% open-source software. It is not a private company funded through an ICO or pre-mining. Development and marketing efforts are supported by thousands of volunteer community members and a group of close to 25 Verge Core Team members, donating their time, from all over the world.

We do accept donations, but many costs like hosting fees, server fees etc are supported by community donations or by Core Team members out of their own pockets.

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