Announcement on $LIBRA
There has been a lot of misinformation surrounding the $LIBRA launch and KIP’s role. To clarify:
The token launch and market making were fully handled by @KelsierVentures, represented by Hayden Davis, the initiators of the project. None of the wallets belonged to KIP or myself.
KIP was invited post-launch to manage / oversee the selection of funded tech projects and provide technical infrastructure for AI initiatives.
Thus All matters related to the launch and tokens should be directed to Kelsier, as they were handling it and planned to transition the tokens to a foundation.
The project gained visibility when President Milei tweeted about it. At that point, KIP had no involvement in the launch, as our role was always after the launch.
KIP has taken on alot of FUD today, including with threats to me and my staff, but we were not involved in the launch, we did not handle any tokens or SOL.
KIP publicly acknowledged its role in the project (though not in the token issuance) because we were already listed on the website and believed in the initiative’s potential.
As a tech company, our focus remains on innovation and infrastructure—never on token launches.
After discussions with Kelsier, we have been informed of the following steps:
• All SOL from today’s launch will be re-injected into the LP/chart.
• All market-making fees will go to a foundation in Argentina.
• The foundation will continue running the program as originally planned
All details regarding the tokens should be directed to Kelsier.
We did not profit a single cent from today's activity.
KIP is not in the business of launching tokens or market making. We remain committed to transparency and our role in fostering meaningful technology-driven initiatives.
@JYdmnLFG@solana@Solana_zh he's always dramatic like that so its not surprising to us. any opportunity for him to make money he will do it. during his campaign, he said he would suport crypto so this way, he can show that he's supporting and gain from his status.
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@Abrlien@daosdotfun@blackbit Almost 24 hours have passed. So far, I have not seen any apology from SHADIDthat can appease the emotions of OBOT investors, nor have I seen any topic about taking measures to prevent the loss of OBOT holders.
@blackbit All the seed users of oso are mostly from OBOT. Due to the operation problems of your technical team, obot has plummeted. Up to now, you are still struggling with your oso token, and you did not maintain the original useraccumulation in the first time. It exposes your greed