[PRESS RELEASE – Please Read Disclaimer]
Earning the trust of the community is essential within any blockchain-based project.
With so many developers leaving projects, there was a need for developers to show their loyalty.
One of the key ways through which this is a possibility is through the coin or token blocking procedure.
The Orbeon Procol team was aware of this and did just that, to build trust among the Orbeon Army!
Orbeon Protocol Developers Lock Tokens for 10 Years to Reinforce Loyalty and Trust
The Orbeon Protocol development team has kept their promises and has essentially locked down the team tokens, as previously promised.
On top of all this, the tokens are now locked up for ten years, which is the same length of time that the liquidity pool will also be locked up.
Any cryptocurrency enthusiast, trader, or investor who wants to view the transaction can easily do so by using Etherscan, a website that specializes in allowing anyone to view and analyze all assets, transactions, and balances that occur on top. of the Ethereum blockchain.
Through it, users can check gas rates, interact with smart contracts, and find block data. In addition, the liquidity pool is also locked in for ten years, ensuring there are no carpet runs. Smart contracts were also fully audited by Solid Proof.
The official transaction that locked the team tokens can be found here:
Locking these tokens for ten years bolsters developer confidence and will ensure the team remains dedicated and united to the project during that time and beyond. The tokens have an official unlock date of January 12, 2033.
About the Orbeon Protocol
The Orbeon Protocol is an investment platform that can revolutionize the crowdfunding and venture capital industry by allowing anyone from anywhere in the world to make fractional investments in early-stage companies.
What this essentially means is that startups can raise funds and engage with their investors in a much more efficient way by rewarding them and providing them with stock-based non-fungible tokens (NFTs).
Each investment will be minted in an NFT and then fractionated. Anyone can back the projects they believe in with as little as $1 in terms of investment. This allows anyone to make investments, even those who don’t have a lot of start-up capital.
Learn more about the Orbeon Protocol
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This post The developers of the Orbeon protocol have locked the team’s tokens for 10 years
was published first on https://cryptopotato.com/orbeon-protocol-developers-have-locked-the-team-tokens-for-10-years/