KIP Protocol Co-founder: The company is mainly responsible for managing the fund allocation of LIBRA, rather than the tokens

ChainCatcher news, KIP Protocol co-founder Julian has released a preliminary response regarding the LIBRA project, stating that the Viva la Libertad project aims to promote the economic development of Argentina by providing funding for small projects and local businesses, supporting those who seek to expand their ventures and contribute to the country's development. The funds remain on-chain, and no SOL has been transferred. The KIP team is involved in the project, primarily responsible for managing the allocation of funds to Argentine companies, rather than the token aspect.

It is worth noting that the token has not undergone a presale, and all sales are conducted through a unilateral liquidity pool. The KIP team will develop an operational plan for the Libertad project based on the original goals and promises not to use any SOL for purposes outside the project, with all funds being transparently accounted for, and more details will be provided later.