Should the foundation sell some coins to lock in runway?

Seems like the price has really jumped – should we sell some foundation tokens to make sure there is plenty of runway for bear market?

Welcome to the forum @ajax !

What do you mean by foundation tokens ?

The storj foundation tokens? assuming that’s what these are Storj: MultiSig 1 | Address 0x0f564a2a5fde73349890e86e9b2aa1639994bf2f | Etherscan (ie the tokens that are used to pay the team, expenses, etc)

Welcome to the forum @ajax !

Good question.

These types of things are calendered according to regulations and prior commitments
" to giving sixty-days advance notice to announce if there will be any changes to our lock-up schedule."

This is the previous report. You can see the protocols for these things are highly structured

3 Likes

There is an alternative approach. Just onboard more customers until we get enough revenue that way. Just saying :smiley:

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more customers in long term is much better for all.

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selling more tokens now? ;D
https://twitter.com/lookonchain/status/1722304326872518861
" We note that Storj Team Wallet deposited 2M [$STORJ] ($1.43M) into Binance! "