Home » Markets » DoubleZero co-founder confirms no tokens sold by foundation
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Oct. 5, 2025
DoubleZero co-founder mentioned that the mission’s crew, founders, and venture investors are all beneath token lockups.
Key Takeaways
- DoubleZero Basis has not sold any of its tokens, confirmed by co-founder Austin Federa.
- The assertion addresses neighborhood considerations about foundation token gross sales following the originate of DoubleZero’s mainnet beta.
Portion this text
DoubleZero co-founder Austin Federa confirmed currently that the DoubleZero Basis has not sold any tokens. DoubleZero is a blockchain protocol targeted on building a dedicated high-efficiency physical files community to augment global connectivity for prime-velocity functions.
The clarification addresses likely considerations about foundation token movements. The DoubleZero Basis operates as an entity supporting the pattern, decentralization, safety, and adoption of the DoubleZero community.
DoubleZero not too long previously bought confirmation from the SEC that its native token flows to community contributors need to not subject to securities registration necessities, marking a key milestone for the protocol’s compliance efforts.
