Last month, we informed our community that our initiative to increase XCUR price and deepen liquidity would be tied to the onboarding of our world-class Market Maker.
We are pleased to announce this is in its final stages and 5 Million XCUR tokens will be released from the Core & Strategic Partners reserve as per our previous vesting schedule.
Despite this being a hugely positive move, we recognise that each time a new supply is released, fresh FUD also surfaces; in an attempt to avoid this happening again this year, we have decided to release all remaining tokens required with an early release for Q4 based on today’s XCUR price.
From this perspective, Curate will have the tier 1 market maker active and all funds necessary for ongoing operations, the release and marketing of our play-to-earn game ‘XCURSION’, to continue the development of our mobile and web NFT marketplaces, and begin our General Goods Marketplace initiative.
We hope you understand the thought process behind this move and appreciate your support and belief in what Curate is trying to achieve.