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Well3 plans to destroy 1.05 billion team-allocated tokens as compensation for technical issues during TGE
2024-07-08 02:24
Odaily News Keungz, co-founder of WELL3, a blockchain and AI-enabled health platform, responded to some of the community's concerns by stating that he would destroy the team tokens (2.5% - $1.05 billion WELL), deeply regret the delay in claiming due to technical issues during the $WELL TGE, and apologized to the community again, while clarifying that the team did not trade $WELL tokens before the community, and that the volume on CEX came from third-party marketing and liquidity. In addition, the details of the WELL3 farm rewards will be announced soon, starting with the reward airdrop for Bybit users, and more details will be announced later.