This morning, the founder of the XPL project released an important statement aimed at clarifying the many rumors surrounding the project recently. The statement primarily addresses three key points:
First of all, the founder emphasized that so far, team members have not sold any XPL tokens. To demonstrate long-term commitment, all XPL held by investors and the team will be locked for 3 years, including a 1-year cliff.
Secondly, the founder elaborated on the diverse background of the team. He pointed out that among the approximately 50 members in the team, only 3 had previously worked at Blur or Blast. The resumes of the team members encompass several well-known technology and financial companies, including Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. The founder expressed pride in the diverse team they have assembled for the XPL project.
Thirdly, the founder clarified the misunderstanding about market makers. He made it clear that the XPL project has not hired Wintermute as a market maker and has never signed any service contracts with them. The information regarding Wintermute holding XPL is consistent with publicly available data.
Finally, the founder reiterated the core mission of the team: to focus on building the future of currency. He expressed gratitude for the community's support and hinted that the team will continue to work hard to advance the project's development.
It is worth noting that the market performance of the XPL token has also attracted attention. Having fallen from a historic high of $1.60 to around $0.95 currently, some investors believe this could be a potential buying opportunity, but also recommend setting a stop-loss point near $0.90 to manage risk.
Overall, this statement demonstrates the transparency and determination of the XPL team in the face of challenges. As the project continues to develop, the market will keep a close eye on XPL's innovations and influence in the digital currency space.
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Eat100MorePoints.
· 10-02 02:15
The work experience has again linked up with Google and Goldman Sachs, otherwise one might think Goldman Sachs is endorsing it💩
This morning, the founder of the XPL project released an important statement aimed at clarifying the many rumors surrounding the project recently. The statement primarily addresses three key points:
First of all, the founder emphasized that so far, team members have not sold any XPL tokens. To demonstrate long-term commitment, all XPL held by investors and the team will be locked for 3 years, including a 1-year cliff.
Secondly, the founder elaborated on the diverse background of the team. He pointed out that among the approximately 50 members in the team, only 3 had previously worked at Blur or Blast. The resumes of the team members encompass several well-known technology and financial companies, including Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. The founder expressed pride in the diverse team they have assembled for the XPL project.
Thirdly, the founder clarified the misunderstanding about market makers. He made it clear that the XPL project has not hired Wintermute as a market maker and has never signed any service contracts with them. The information regarding Wintermute holding XPL is consistent with publicly available data.
Finally, the founder reiterated the core mission of the team: to focus on building the future of currency. He expressed gratitude for the community's support and hinted that the team will continue to work hard to advance the project's development.
It is worth noting that the market performance of the XPL token has also attracted attention. Having fallen from a historic high of $1.60 to around $0.95 currently, some investors believe this could be a potential buying opportunity, but also recommend setting a stop-loss point near $0.90 to manage risk.
Overall, this statement demonstrates the transparency and determination of the XPL team in the face of challenges. As the project continues to develop, the market will keep a close eye on XPL's innovations and influence in the digital currency space.