OTO Fair Launch Community Update

OTO Venture Capital DAO
1 min readAug 29, 2021

Hi folks,

Our community has been working on the design of the OTO project since May of this year. We have some good news and bad news to share: the good news is that the code performs, and we were able to run a test token for the fair launch. The bad news is that there are many robots who bought a good amount of tokens before we launched the token for all who believe in the project. This is not in the spirit of a fair launch as a fair launch is for real humans and members of the small and tight-knit OTO community who have been discussing the design of the OTO project for over 3 months.

To protect our community members and to ensure that the fair launch is truly fair (for real humans who understand what OTO is and our mission), we are going to deploy a bot trap feature to prevent robots from participating in the fair launch for a period of 7 days. The discussion and updates will continue in our Telegram channel. Stay tuned!

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