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
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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