Fusion Foundation Responses to the November Open AMA

Q. What is the latest news on the $12B of committed tokenized assets? Why Is the $12B no longer mentioned on the website?

Q. Why has there not been a code audit so far? Will there be a technical audit in the future, especially for the consensus part, for example through Red4Sec? If not, why?

Q. What is happening with time-lock PSN rewards for hardware wallet users?

Q. How long will the two-token system continue (ERC20 and native FSN)? When will ERC-20 FSN be phased out?

Q. What is happening with Bibox and Huobi exchanges? When will they transition to native trading?

Q. How many people are currently employed by the Foundation on a full-time basis? Why has the Foundation not update the website to reflect the full team and changes to the team?

Q. Despite multiple website updates, like adding Hassan Khan, Andre Cronje is still listed as “Head of Innovation and Technology”. What is his current involvement with the Foundation? What was his last contribution, and when?

Q. Does foundation have plans to hire more people to accelerate development?

Q. Can we have more visibility into the compromised Private Key(s) leadings to funds being stolen? How did it happen? If Foundation don’t even know how it happens how will they ensure it won’t happen again?

Q. What measures have been taken to protect the wallet(s) containing the remaining funds? How many people have access to it, and why?

Q. From all we know, the Foundation received contributions from these private sale companies:

— EastMore Group
— ALPVIEW Capital
— EQUIDATE
— Coinhills
— Lockwood Group
— Bibox
— FBG Capital
— Krypton Capital
— Alignment Blockchain Hub

Q. Are they still involved and fully informed about current Fusion events?

Q. The buyback on Hotbit didn’t affect the price at all which seems strange considering Hotbit’s extremely low liquidity, do we have proof the transactions took place?

Q. What patents exactly has the Foundation applied for? What is the current status of these applications? Where can we verify that information? Can we track the status of the patent applications somewhere?

Q. Ian Friend (COO Ferrum Network), while not entirely professional, was quite surprised when he heard about FSN license costs. Are all partners fully informed about these costs, and did any of them confirm that they’ll definitely accept the conditions?Is there any definite commitment by a partner regarding the DCRM license fee? Are all partners mentioned previously still on board?

Q. Is the premature “bigger than NASDAQ” announcement considered a mistake retrospectively?

Q. FSN is an open source project and aims to involve the developer community. Why is communication on Github non-existent?

Q. Is “Afghanistan” partnership real?

Q. What is Fusion’s runway? How much $USD and crypto does foundation have? What is the burn rate? Will Fusion publish regular (quarterly/half-yearly) financial reports in the future?

Q. My question is about the address that Fusion mentioned in the Wallet Theft Update article.Does the foundation know who is the owner of this wallet- https://etherscan.io/address/0xa9c66b3dbd01bb7d24928402cbd7cfb7dd445dc3

Q. If DCRM consensus uses PoA and PoS. How does this change affect supreme nodes? Rewards? Hardware requirements?

Q. What are some of the use cases where DCRM could be used in a non-blockchain application?

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