Serious discussion please. If I got this wrong, please let me know.
Tempo recently announced their own ICO (ITO).
- Why does Tempo, a functional and profitable corporation for years need to have their own tokensale?
- Why do they think they need an utility token at all when XLM as the native token can be used?
- if they really needed their own utility token, why sell and airdrop it instead of just launching?
Don't get me wrong. I think they are doing a good job for crypto and the Stellar Network. They deserve all the profit they make from it which isn't small by any means. I'm only questioning the need for a token and an ITO to raise more money than they already have.