The commitment of the team to the long-term success of the SportyFi ecosystem was never in question. But to alleviate any doubts, our SPF tokens will be vested for a period of one year.
We’ve started the SportyFi project almost a year ago: first by developing the idea, then by checking its legal framework and in the last two months by working relentlessly on the Token Crowdsale, coming up on November 21. We do, however, know, that the real work does not end with a successful crowdsale — it’s when our work really begins.
There was always an agreement in the team that we will hold our tokens for an extended period of time, and when that time comes, we will re-invest them into the platform, not transfer them to an exchange and cash out. And while our verbal commitments were never doubted, we’ve decided to go one step further and put this in writing.
The founders and the team will therefore commit to holding their tokens for a period of at least a year after the successful completion of the Token Crowdsale. We believe in this project more than anyone and, come one year around, we will have set up a lively platform, that will make the life of prospective athletes easier and the sports industry more open to small investors.
No such limits will, of course, be placed on the participants in our Token Crowdsale. We’re working hard on setting up a trading ecosystem and are in talks with several prominent exchanges to list the SPF Token as soon as possible, and, of course, we’re also on track for a Q1 2018 launch of the SportyFi platform.
Marko, Simon and Tomaž, SportyFi Co-founders
Need more details? Check out the SportyFi Website (https://sportyfi.io/) or read the SportyFi Whitepaper (https://sportyfi.io/SPORTYFI-Whitepaper.pdf).
And come chat with us on Telegram (https://t.me/sportyfi_official).
source: https://medium.com/sportyfi/sportyfi-founders-and-team-will-vest-their-tokens-6e3fcc8b59d3