Dragonfly managing partner Haseeb Qureshi proposes ending Zcash Dev Fund
Haseeb Qureshi, managing partner at Dragonfly, has proposed terminating the Zcash (ZEC) Developer Fund when it expires in 2028. Qureshi argued that the fund, currently valued at approximately $95 million with 63,962 ZEC, is sufficient for future development and faces risks of becoming politicized as its value grows. The proposal has sparked industry debate regarding the fund's future as the value of ZEC holdings increases.
Summaries are written by AI from the original article. Not investment advice.