The project is funded by the team members' personal funds and no VC or private investors are involved as of yet. The funds are used for initial development, to reimburse external contractors, finance code audit etc.
Harmony grant will be the second external source of funds for the team. It will be spent on art production and software development. Funds collected through the initial NFT sale (Robo Eggs/Genesis Robots) will be the main source of development and marketing funding for the project.
The team will explore multiple ways of gathering funds for initial liquidity, such as self-arranged IDO, IDO via launchpad or by using team reserves.
Long-term development incentive will be realized via a small portion (20%) of tokens allocated to the development fund that will be locked for one year with monthly vesting schedule.