Share19
Tweet
Share
REAL-TIME PAYMENT BLOCKCHAIN
Please help improve the site translation by suggesting better translations

Airdrop cancellation

We don’t take promises lightly. Ever. And this time is no exception. This, however, is a situation when reconsidering a promise is warranted. The airdrop idea to compensate for the disparity for the ICO buyers was not well thought out (as frequently pointed out by the community) and if we were to proceed, would result in unintended consequences such as significant GRFT float dilution and potential additional downward pressure on GRFT pricing, negatively affecting ALL GRAFT stakeholders including ICO participants.

As such (after much deliberation) we have decided that it is better to cancel the airdrop altogether now and remove this cloud from the market, providing the project with the best chance of organic growth.

We believe that taking this action now will allow GRAFT to best capitalize on the progress with RTA, go to market partners, and other exciting developments we’ll be announcing shortly.

With that said, we will keep looking for other ways to thank our early supporters (in ways that don’t involve dramatic increases in GRFT circulation)

We hope you understand our decision and we can move past this issue, focusing on technology and go-to-market.

Best Regards,

Sincerely,

GRAFT Team