What is
An investor or firm that provides capital to startups and small businesses, usually in exchange for an allocation of the project's tokens at a significantly lower price.
An investor or firm that provides capital to startups and small businesses, usually in exchange for an allocation of the project's tokens at a significantly lower price.
Common questions about this topic
Ergo provides tools for financial sovereignty: self-custody with no third parties, censorship-resistant transactions via PoW, optional privacy with Sigma Protocols, and programmable money without permission. Unlike VC-backed chains, Ergo has no central authority that can freeze funds or comply with sanctions. Your keys, your coins, your freedom.
Ergo had no pre-mine, no ICO, no VC allocation. 100% of ERG comes from mining. This means no insiders dumping on you, no VCs controlling governance, no foundation with majority stake. Fair launch creates genuine decentralization - the network belongs to miners and users, not early investors seeking exit liquidity.
VC-funded chains have misaligned incentives: VCs need exits, so they push for hype over substance, centralized control, and token dumps. Ergo's fair launch means no insider allocations, no pressure to pump price, and no corporate governance. The community controls Ergo, not investors seeking returns.
eUTXO (Extended Unspent Transaction Output) is Ergo's smart contract model that extends Bitcoin's UTXO with programmable logic. Each 'box' contains ERG, tokens, data registers, and a guarding script. Transactions consume boxes and create new ones, enabling deterministic execution, parallel processing, and no reentrancy attacks.