Hello Devs and PRs, is it true that the DOVE have any link with Tesla Motor company, regarding introducing blockchain technology to the teslas electric cars system? or is this just fud without any real support?
thanks for your promp answer
also i would like to know whats the distribution time of these coin (inflationary rate) as atm there are under 3% of total supply in existence.. if im not wrong...
Hello,
Thank you for your questions.
DOVU is not linked to the Tesla Motor and that announcement did not come from us!
Furthermore to answer your question about the distribution time:
It is not in our interest to dump tokens and dilute token value.
As we release more tokens the supply goes up. We will continue to release more supply as it’s needed for future projects. This means more tokens will be released on an ongoing basis. If it is a relatively large chunk of the circulating supply, this will, of course, be communicated. User growth fund tokens will be released for user growth fund purposes, team tokens for incentives, etcetera. The ultimate goal is to increase token utility. The reserve (300 million) is locked in for 2 years. Because tokens enter circulating supply for projects etc., this doesn’t mean that they are going to be immediately traded on exchanges. They are circulating for project use. DOV is a utility token.
Best,
DOVU Team
