Dec 06, 2024 10:17 pm
Milady’s parent company Remilia still claims to release CULT tokens, but does not disclose the reason for the delay
The Milady Cult Twitter account previously announced the pre-sale of the MEME token CULT, and raised $20.53 million in financing, which has been transferred to the multi-signature Gnosis wallet. The wallet currently holds $21.4 million, mainly Ethereum and USDT. But as of now, the token has not yet been released, causing dissatisfaction in the community.
Scorched Earth Policy, chief of staff of Milady's parent company Remilia, said: "Yes, the token is being released. Beyond that, I can't elaborate on the reasons for the delay. I can only say that we have good reasons to do what we are doing, and everything revolves around making sure we make the right decisions for the community." (Decrypt)