Axis Robotics: Team and investor AXIS tokens were not sold

Odaily reports that Axis Robotics has issued a statement saying that the AXIS tokens sold off between October 28 and 29 did not come from team or investor allocations. The core team, investors, and all other locked allocations together account for 83.5% of the total supply and remain in vesting contracts co-managed with Binance. The tokens sold in this instance came from the initial circulating supply outlined in the published tokenomics model, specifically from the "ecosystem" allocation. Because many ecosystem participants are not crypto-native users, their allocations were delivered through a single over-the-counter (OTC) counterparty, and the written agreement signed by both parties includes lock-up provisions.