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I'Ve been doing some research on TEL to understand. - 5

billion tokens have been added to the circ supply since July. It seems the team is releasing this new liquidity everytime we go above 2c. Why?
- 80% of the supply is held by 5 wallets. Is this accurate?
- their app doesn't work, and v3 is delayed without updates. When will be be getting any clarity? Team has done a poor job or communication and this is concerning for any investor.

Please correct anything I said that might be wrong, do not want to start an argument just want some clarity and clear communication

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Tokens are being released due to TELx incentives, you can view the schedule here (should be updated soon) https://www.telx.network/about/telx-markets 40% is held by the genesis wallet, and the rest is mainly held by exchanges. You can view the TEL issuance explanation here: https://www.telx.network/about/tel-issuance The application does work, it is just restricted to our target regions.

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