The Federal Data Processing Service (Serpro) is a brazilian public company that develops technological solutions for the Brazilian public sector, it adopted #ADA to act as a blockchain.🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷
$USUAL the developers said that in this first phase 496 million tokens would be released, but at this moment it is already at 498 million. I understood that this first phase would go until next year, but apparently they will hold a price even so that other investors enter the project and gradually release PS tokens so that there is no price explosion, but the project remains promising, and let the whales come 🐋🐋🐋🐳🐳
$USUAL It almost looks like that the founders do not want a fast steep price increase, but rather a steady build up for the long term. If thats the case there rarely will be those big jumps, many are waiting for. Instead fluctuating its way up slowly. Token issuers have all the tools for that: High ownership stake, over 85% of tokens to be released yet, release rate,...