News broke this morning that our portfolio company Skale will partner with ConsynSys’ Activate platform to sell tokens via a dutch auction.
Importantly, purchasers will be required to stake purchased tokens, which should discourage participation from pure speculators hoping to flip tokens for an immediate profit.
Read more about the news on Decrypt, Coindesk, CoinTelegraph, The Block, FinanceMagnates, VentureBeat, Kyle Samani and Spencer Noon.
Read our previous post on Skale here.