Hello LiveArt Community,
We want to clarify the recent increase in reported circulating supply and address concerns directly.
First and most importantly: the LiveArt team has not sold any tokens. Team allocations remain fully locked according to tokenomics.
Second: on December 9, the first investor vesting phase began, following a 3-month cliff. This included a one-time cliff unlock, after which vesting continues linearly over 18 months. These tokens were moved into a vesting vault to be distributed strictly per schedule.
Third: some tokens have been allocated for CEX liquidity, market-making, and depth requirements, which are mandatory for maintaining listings and orderly markets. These movements are operational and not discretionary selling.
Fourth: it’s important to understand that platforms like CMC and CoinGecko calculate “circulating supply” based on what is unlocked by tokenomics - not on what is actively being sold or traded in the market.
Taken together, investor vesting commencement, operational liquidity allocations, and how data aggregators define circulation fully explain the increase in reported supply.
We understand market conditions have been challenging. Our focus remains on building product, expanding real utility for $ART, and creating long-term value - not short-term price actions.
Post #1019
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