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A comment on Show HN: Bob – A GUI for DNS Record Management and Name Auctions on Handshake. Parent comment

Re:Show HN: Bob – A GUI for DNS Record Management and Name A... by troquerre on Thursday February 13, 2020 @06:21PM (#22322377)
In addition, the $10.2mm that was raised was all donated to non-profits and open-source projects. I.e. fsf https://www.fsf.org/news/free-software-foundation-receives-1...
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Re:Show HN: Bob – A GUI for DNS Record Management and Name A... by RL_Quine on Thursday February 13, 2020 @06:55PM (#22322593)
Why?
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Re:Show HN: Bob – A GUI for DNS Record Management and Name A... by SkyMarshal on Friday February 14, 2020 @07:15PM (#22331819)
Handshake didn’t need the VCs’ money, only their credible early stage project valuation. But Handshake had to accept the investment in order to make the valuation real, but then gave away all the money b/c they didn’t need it.

They hope it can serve as a better model for future ICOs, where a big chunk of the money goes to FOSS groups.

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