Li Qiwei: Foundation reserves are affected by expectations but the foundation is working well.

Earlier this morning, The Block reported that the donations from the Litecoin Foundation plummeted, and the Foundation had less than $100,000 at the end of Q1 in 2019. In this regard, Lite Capital founder Li Qiwei said: "The foundation is working well. Since the recent bear market and most of our funds are encrypted assets, our reserves have definitely been affected, which is within expectations. As we begin Earn more money, we will develop better. Why didn't you contact me before posting?"