Uhhh so I copied the part from their website that tries to answer your question and now my clipboard seems to include an invisible link to some scummy sounding website. So either I have to nuke my smartphone (and another system I tested this on) or this just got a whole lot sketchier.

That organization is FUTO, founded in 2021 by 18-year Silicon Valley veteran, programmer/founder of Yahoo! Games, and WhatsApp seed investor Eron Wolf.

https://www.high-endrolex.com/26

Through a combination of in-house engineering projects, targeted investments, generous grants, and multi-media public education efforts, we will free technology from the control of the few and recreate the spirit of freedom, innovation, and self-reliance that underpinned the American tech industry only a few decades ago.

FUTO is not reliant on any existing tech company or venture capital firm for its funding. We are not expecting quick profits.

Source: https://futo.org/what-is-futo/