Colosseum has unveiled STAMP, a new token contract designed to safeguard token holder interests during acquisitions. Developed in collaboration with Orrick, the legal framework ensures that the token remains the primary economic unit, addressing ownership concerns.
The STAMP initiative allows investors to secure up to 20% of the token supply before the initial coin offering (ICO) and enables founders to convert equity into ownership tokens. This launch aims to prevent asset losses similar to those experienced in previous transactions involving $TNSR and $AXL.
Colosseum Introduces STAMP to Secure Token Holder Interests in Acquisitions
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