KIP Protocol has made a transparent statement regarding the #libra token issue. I wanted to share this statement with my followers.
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It was also an agreed term that KIP Protocol would act only on direct instructions from Kelsier.
KIP did not initiate the project, it did not manage or direct the token launch process, and it did not receive any tokens pre or post launch, and it did not profit from the token launch.
KIP was not even informed by Kelsier when the $Libra token went live.
It is thus inaccurate to describe it as a ‘KIP Protocol project’.
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