#What Should Investors Know About DoubleZero Foundation's Token Sales?
Investors concerned about the activity of the DoubleZero Foundation regarding token sales can rest assured, as the foundation has not sold any tokens. This confirmation from co-founder Austin Federa comes as a response to growing unease among the community following the recent launch of DoubleZero's mainnet beta.
DoubleZero is a specialized blockchain protocol designed to enhance global data connectivity for high-speed applications. The foundation’s primary role is to foster the development, decentralization, security, and overall adoption of the DoubleZero network.
Its recent communication directly addresses any doubts regarding the movement of foundation tokens. It is crucial for investors to understand that the DoubleZero Foundation operates with transparency and a focus on community interest.
Furthermore, DoubleZero received affirmation from the Securities and Exchange Commission (SEC) that transactions related to its native token contributions are not subjected to securities registration requirements. This milestone signifies progress in the protocol's compliance strategy, reinforcing confidence for both current and prospective investors in the project's future.