Entities around Incognito

There are 5 entities.

The Project

Incognito’s mission is to ensure cryptocurrencies are safe to use. The project is community-driven, self-funded, and open-source.

Incognito’s design is based on two research papers: CryptoNote, for privacy, and Omniledger, for scalability. Development started in May 2018 by the core team. The mainnet launched in November 2019.

Power the network >
Browse the source code >


The purpose of the Incognito DAO is to give the project longevity. Incognito DAO collects a gradually reducing percentage of the block rewards, from 10% to 3%, to self-fund the development of Incognito.

100% of the Incognito DAO fund is used to finance community proposals that drive long-term growth. Previously, a board of 5 people - 3 from the core team and 2 external members - voted on community projects. With DAO v.2, voting rights will be gradually distributed to the community.

Learn about the development process >
See shipped proposals >

The Core Team

The core team (Privacy Studios LLC) currently consists of 41 members - mostly programmers and researchers. Its purpose is to support the development of Incognito.

Prior to the mainnet launch, the core team funded the development of Incognito with $1M of their own money. No ICO, private sale or VC funding. The consensus was that community members should not be asked to pay prior to any code being written. As such, the core team assumed all risks.

The aforementioned $1M was used to cover salaries, server costs, operational expenses, and community activities. Self-funding reduced price speculation among traders, avoided financial pressure from investors, and most importantly kept the core team laser-focused on what they do best - building and shipping products.

Core team members are simply the first community members.

Read more about the Incognito community >

Community Builders

There is no official face of Incognito, no official product line. Just as the core team are simply the first community members, they are also simply the first builders. Everything is open-source.

Development is not restricted to just the core team. Our community has already built ecosystem tools, node status monitors, price charts, and more. Anyone can have a good idea and receive rewards if their product is deemed useful by the community. Whether it is a developer toolkit, a privacy wallet, or a privacy-first application like payroll, anyone is welcome to build on or for Incognito.

Incognito SDK >
More about community builder rewards >


Incognito is dedicated to the idea of privacy for all, and that necessitates ventures that make the ecosystem more diverse and sustainable. There are no restrictions on the type of business model or revenue structure you can have. Start your own SaaS business like a staking service, go e-commerce by selling your own hardware Node, create a for-profit privacy application… you get the idea.

Bounce business ideas here >


:star_struck: :star_struck: :star_struck:


We should reach out to John McAfee to get behind this project. He would love it.



For sure he would love it :slight_smile: just saw a video how excited he was about privacy. Do you know how to reach him?)


He is very active on twitter and always promoting himself to be free for interviews on podcasts and such. He doesn’t have his own podcast but he’s always appearing in them. I will try to reach out to him.


Hey @andrey, Thanks for putting this page together as it is very helpful as one tries to do their due-diligence and wants to learn more about the “Core Team” and who started Incognito.

Can you add to this post more resources and links about “Privacy Studios LLC”
E.g. Their website, LinkedIn, Twitter, any other public sources?


1 Like

Hey @Linnovations here is our the most searchable links:


Thanks @andrey, I was after information on the Core Team - “Privacy Studios LLC” or are they one of the same?

1 Like

Hey, @Linnovations we do not have particular Twitter or LinkedIn account to the legal entity. I am not a lawyer, but as I know it’s not required to have social media accounts for each entities :sweat_smile:


Does “Privacy Studios LLC” have a website and a Business Registration Number?

I’d like to learn more about “Privacy Studios LLC” before investing in a Node. I did a search on DuckDuckGo and Google and nothing comes up.

Is “Privacy Studios LLC” so private and stealthy that there is no information on the web about them? :wink:


If it helps, here is the registration number SR 20198877692, if you are trying to find a dedicated website which has exactly the same name. Don’t forget that Incognito chain is open-sourced project, and anyone who has enough knowledge can contribute, without been part of the core team.