LIVE News: we had a discussion here, not to long ago, about the vesting period. Some potential investors were asking about this, while frankly, this was something we did not think about when drafting the WP. I am glad that I am able to say that by the todays unanimous decision of the founders, a vesting period of 1 year was introduced on Founders and Team SPF Tokens (18% of all SPF Tokens to be issued). More info to follow tomorrow with an official Medium blog post...
I don't quite get it. Can someone explain a little bit further (i'm a starter in crypto so don't judge
) thanks
Does it mean team will not touch tokens for one year
And even if they want to they can't. They are locked.
''Hi Patel, detailed info will follow tomorrow. Just a quick intro now: this means that the tokens, which are assigned to the founders/team will be locked on smart contract for one year after the Crowdsale start. This gives the investors additional assurance that we will deliver what we promised (the date of one year is way beyond of our promise to deliver fully working platform and the fund)'': Simon on Telegram
