Leicester On Why He Sold ALL Of His ParaToken

2 years ago
37

FYI - ParaToken isn't a scam. It's not a #rugpull. It's actually very good #crypto code.

But just as with #SAITAMA and #FLOKI before it, #ParaToken is being run by incompetent people, and they don't want the smoke.

It's important that we be consistent.

You've heard us say: we don't support giving money to incompetent devs.

We were willing to give them a chance, as someone who held since Day 3 of the original launch.

The final straw was them getting rid of #reflections - not just that, but them not telling investors they did.

Might it succeed someday? Probably...it's still good code. But we don't think success will come with the current leadership.

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