BitcoinWorld

Crypto News

STEPN Co-Founder Addresses Accidental Sale of New GGT Token, Offers Compensation

STEPN

STEPN GGT token accidental sale has been acknowledged by Jerry Huang, co-founder of STEPN, in a recent announcement on X. Huang explained that an error led to the temporary sale of the new GGT token, which is used in STEPN GO, on DOOAR, a multichain decentralized exchange operated by Find Satoshi Lab.

Key Details of the Incident

  • Accidental Sale of GGT Token: The GGT token was mistakenly made available for trading on DOOAR. This token, integral to the STEPN GO ecosystem, was not intended to be publicly traded at that time.
  • Compensation Plan: As a gesture of goodwill, users who traded the GGT token during the accidental sale will be compensated with a special NFT reward. This offer is intended to address any potential inconvenience caused by the incident.

What This Means for Users

Affected users who participated in the accidental sale of the GGT token on DOOAR will not face any financial losses, as they will be compensated with an exclusive NFT reward. This compensation aims to maintain user trust and ensure a positive experience with the STEPN GO platform.

Conclusion

Following the STEPN GGT token accidental sale, co-founder Jerry Huang quickly addressed the issue and implemented a compensation plan involving NFT rewards for affected users. This proactive approach highlights the company’s commitment to transparency and user satisfaction as it continues to develop its ecosystem.

To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.


Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.