We've recently been in talks about a potential treasury sale and want to set the record straight.
06 Sep 2023, 08:29
We've recently been in talks about a potential treasury sale and want to set the record straight. Importantly, before even considering this move, we reached out to some of our staunch supporters for feedback.🙏
It's disheartening to see a small group spin this (using a small snippet of the conversation) to create unnecessary panic. We're committed to IAGON for the long term and always strive for transparency.🚀
The treasury sale isn't set in stone. The idea is NOT a token dump. Most projects sell their distribution tokens on the open market, causing price fluctuations. We're exploring an alternative to this norm: offering these tokens directly to our community for ADA, aiming to mitigate sell pressure. Know this: our team is NOT selling any of their tokens.
Your thoughts are invaluable as we weigh our options.💡
#IAG #CommunityFirst #Transparency #Cardano #ADA