this post was submitted on 18 Aug 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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If we look at the funded CCS proposals https://ccs.getmonero.org/work-in-progress/, a lot of the recently funded proposals have very few donors, while the amount of money donated is quite big, which means that they are extremely generously funded by a very small group of people (sometimes just 1 person!).
Fortunately, you're reading the numbers wrong. Yes, some projects have 1-3 projects. Those projects tend to be side projects (e.g. Revuo, web site maintenance, etc) and are likely founded mostly from wallet providers and Monero service providers since it helps spread information that helps the ecosystem. I know Cakewallet has funded a few of these. The really important projects have 5-70 contributors. If donations stop, then some people would keep working on it because Monero is important, but they wouldn't be able to spend very much time on it so progress would be incredibly slow.