Story co-founder defends token unlock delay, says project needs ‘more time’
In an interview with CoinDesk, S.Y. Lee pointed to Worldcoin’s extended lockups as precedent for longer runways.
The co-founder of Story has recently spoken out to defend the decision to delay the unlock of the project's token. During an interview with CoinDesk, S.Y. Lee highlighted the extended lockups of Worldcoin as a precedent for the need of 'more time' for the project's development. This move comes as part of efforts to ensure the sustainability and growth of the project in the long term.
Lee emphasized the importance of allowing projects like Story the necessary runway to achieve their objectives successfully. The decision to extend the token unlock timeline aims to provide the project with the resources and flexibility required to navigate the complex crypto landscape.