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Bobby's avatar

I am familiar with Cohere. Have you been to a Cohere property? From what I have seen, Cohere doesn’t currently own any property. They lease and sublease to members. Crowd funds and/or security token sales go to pay exec salaries as operating costs. I would say, therefore, that it is a paid social network.

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Kiba Gateaux's avatar

Yes this is true at the moment. Currently they dont even properties. One of the things that interests me in Cohere over other CoordiNations is their intentionality with slowly growing their specific community. So while the core team is very focused on spinning up the financial side of things to acquire properties and get sustainable revenue, I wrote this because I dont want them to lose the amazing social aspects as they develop

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