Ethereum Co-Founder Confirms Zero Token Sales

DoubleZero Foundation Confirms No Token Sales

• DoubleZero Foundation has not sold any tokens, as confirmed by co-founder Austin Federa.
• The statement was made to address community concerns following the launch of DoubleZero’s mainnet beta.
• DoubleZero is a blockchain protocol focused on building a high-performance physical data network for global connectivity in high-speed applications.
• The foundation supports the development, decentralization, security, and adoption of the DoubleZero network.
• The SEC confirmed that DoubleZero’s native token flows to network contributors are not subject to securities registration requirements, marking a compliance milestone.

Co-founder Austin Federa reassured that no tokens have been sold by the DoubleZero Foundation, addressing community concerns post-mainnet beta launch. The SEC’s confirmation on token flow compliance enhances confidence in the protocol’s regulatory standing.