ANNOUNCEMENT REGARDING LIQUIDITY BEING PULLED. Hey everyone.
20 Sep 2022, 13:24
ANNOUNCEMENT REGARDING LIQUIDITY BEING PULLED
Hey everyone!
As you may know, Wonderland has been providing liquidity for us the past 6 months. This is coming to an end very soon and will definitely happen before October 1st which leaves no liquidity for BSGG in DeFi. This announcement is here to assure you that we have plans in place. Unfortunately, Wonderland rejected the OTC deal we proposed which means there might have been another price change lurking for the upcoming redemption and creating an LP would be far from optimal as it would just lead to funds being given away to people not caring about the project at all.
I just want to say that the community has been amazing, especially after the introduction of the ambassador programme. I can tell most of our active members see BSGG as a long term investment, which it always has been. We are very optimistic about the future and our team is working on projects that has never been seen in the betting industry. Without giving financial advice, believing in a project also means DCA'ing is usually the way to go.
Remember that the token price in no way reflects the success of the project. Betswap could exist even without a token, but by holding the token comes a privilege of earning a part of the revenue, directly or indirectly. As @OXMAVIC previously stated on an AMA, our focus is not on the token price, but rather on the product. When the true potential of BSGG is unlocked, the price will follow to reflect that.
- Kingmaker