Stellar
$0.11017 6.58%
XLM · 18w

Can someone explain why TEMPO needs an ICO?

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.
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