OM token price increases by 12% as growth in tokenized assets drives rally
To prevent market manipulation, the team behind GenDrop has announced that the allocation for the initial release will be distributed without any prior notice. This approach aims to ensure fairness and prevent any unfair advantages in acquiring the tokens.
The project team emphasized the importance of creating a level playing field for all participants in the allocation process. This decision was made in response to concerns about potential market manipulation and insider trading that could arise if the allocation details were made public before the release.
By keeping the allocation details confidential until the moment of release, the GenDrop team aims to promote transparency and fairness in the distribution process. This approach will prevent any single party from gaining an unfair advantage by acquiring a large number of tokens before others have had a chance to participate.
The team believes that this strategy will create a more equitable distribution of tokens and help to build trust among the community. By eliminating the potential for market manipulation, the team hopes to foster a more positive and supportive environment for all participants in the GenDrop project.
In addition to the allocation process, the team also highlighted the importance of maintaining open communication with the community. By providing regular updates and responding to questions and concerns from participants, the team aims to build a strong and engaged community around the project.
The team emphasized the importance of community feedback in shaping the future direction of the project. By listening to the ideas and suggestions of participants, the team hopes to ensure that GenDrop meets the needs and expectations of its community members.
Overall, the decision to release the GenDrop allocation without prior notice reflects the team’s commitment to fairness, transparency, and community engagement. By taking these steps to prevent market manipulation and promote open communication, the team aims to build a strong and supportive community around the project.
