Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [Public Sale at Sovryn] Babel Fish | Money Protocol
by
irfan_pak10
on 11/07/2021, 18:21:45 UTC
Is there any new update on the token sale..? Some teams are starting their process as the market is relatively stable and we might see a good turnout here as the hype for Babel Fish is good.

From my understanding, the Babel Fish team does not want to sell tokens until the Bitcoin price is below 42000 USD. Sounds pretty weird. They even started a bounty campaign but suddenly postponed crowdfunding indefinitely.

Also the second question concerns legal issues. Perhaps the team wants to impose strict rules for governing the stable token in order to mitigate the risks of an XUSD collapse.

I guess that the Babel Fish team just wants to conduct a token sale on Sovryn when the global cryptocurrency market is bullish. They want to succeed in raising enough money and make a strong stable token on the RSK network.

https://t.me/BabelFishTalk