The UniversalDot Foundation holds UDOT token intended to funding further development of the open source ecosystem and supporting applications.
It intends to contribute and distribute these funds to its community and people who are actively using and building on universaldot.me
There is certain parentage of tokens that have been pre-assigned to a Treasury account from genesis. Additionally, transaction fees are also transferred to the Treasury Account.
This Treasury account will allocate resources based on community needs.
The UniversalDot Foundation reserves the right to issue grants in UDOT to stakeholders and organizations that support our ecosystem.