The brand new cryptocurrency venture Plasma (XPL) is responding to current allegations circulating on social media.
Rumors surrounding the XPL token recommend that the workforce is “comprised of former Blast workers.”
Plasma founder Paulie Pant denied every of those allegations in his assertion.
- No token gross sales: PUNT mentioned that workforce members are usually not promoting XPL and all buyers and workforce tokens have been locked for 3 years, and there’s a cliff within the first 12 months.
- Group Historical past: Punt mentioned there are about 50 individuals on the plasma workforce, however defined that solely three individuals beforehand labored for Blur or Blast. He additionally claimed that the workforce comes from firms like Google, Fb, Sq., Temasek, Goldman Sachs and Nuvei, including that “we must always name our workforce equally “Ex-Google” or “Ex-Goldman Sachs.”
- There isn’t a connection to WinterMute: Punt mentioned he has by no means labored with WinterMute and has by no means engaged in market choice actions. He added that they’ve the identical data as the general public about WinterMute holdings concerning XPL.
XPL costs have misplaced 17% of their worth within the final 24 hours, however they’ve recovered following the announcement of alternate charges.
A chart displaying the decline in XPL costs final week.
*This isn’t funding recommendation.
