Interesting... How does GRIN fund its own development? Pivx manages to maintain a constant new coin supply by having transaction fees that are 'burned'. As such, it's even possible for Pivx to have a coin supply that becomes deflationary when high enough transaction volumes are reached. It also funds its own development by proposals made to and voted on by its network of masternode owners - although they're looking into a switch to community governance. @pivx
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From their website grin-tech.org:
"Grin is launched fairly — free of ICO, pre-mine or founder’s reward. We rely on donations to keep working on the project. Support the movement by purchasing some swag or making a donation."