Important pre-launch $ALPHR tokenomics update
We have some important updates to the ALPHR tokenomics. As part of our preparation for listing we were required to speak to some Legal Swamis for a legal opinion on the ALPHR token. You would think Swamis are immune from such tedious formalities but apparently not.
Upon review of the ALPHR litepaper the Legal Swamis informed the team that the burn functionality ‘creates the appearance of a security’. $ALPHR is designed to be a Utility token for obvious reasons, we want to sleep safely at night in our humble cave.