Continuing the discussion from Revise new HUGO website before deployment:
Resonate’s cloud infrastructure design, website, marketing and operations c. 2018 were partly financed through a strategic partnership with a blockchain co-op that expired in 2019. At that time all blockchain related development ceased.
Per an agreement executed in early 2021, the value of the former partner’s interests are held in a non-voting Supporter Debenture, essentially a Supporter Share stake of 270K EU. See how Supporter and Member Dividends work here
Perhaps worth noting that there is no date at which repayment of the debenture is required.
Independent of the agreement, a member of the former partner’s management team, Greg Heuss, was invited to join the Resonate Board in 2018 and remains a Director.
