In his article, “Interview: DAO Operating System The Summon Platform Reports Strong Traction“, published today, our founding team talks about our recent Community Token Distribution, our ISPO, our own deployable token sale module PubSale, the founders’ views on the current state of the bearish crypto market, and more.
In response to Oliver’s question about our highly-successful Community Token Distribution, we loved what TCT said about The Summon Platform’s deep partnership with our most supportive communities, including Minswap, Liqwid Finance and ADAO:
Community members could make as many transactions as they wanted, but the maximum amount was 12,500 ADA per transaction. This was to ensure that members of the communities that empowered us to stand up The Summon Platform had the opportunity to acquire $SUMMON well in advance of retail token releases. This is also a reflection of our commitment to ensuring decentralization from the beginning by mitigating the ability for institutional money to buy up a significant stake in the platform’s governance.Thomas “TCT” DiMatteo, CEO and co-founder, Summon Labs
Friends and partners of The Summon Platform, thank you for supporting us and please consider sharing this excellent article in Blockonomi.com!
[UPDATE]: the story has worked its way to the top of Blockonomi’s home page!