#Optimism OP to sell $160M in OP tokens to 7 purchasers via private sale

The Optimism thinking network has uncovered that it will sell 116 million Over powered tokens in a progression of arranged deals.

#Ethereum layer-2 scaling arrangement Hopefulness has revealed plans to offer 116 million Over powered tokens to seven confidential purchasers for depository the board purposes.

At current costs, the deal will see $159 million🤑 worth of Over powered tokens change hands.

While certain spectators dreaded the deal would achieve discouraged costs from Idealism "unloading" its tokens available, it appears to be far-fetched that the offer of the tokens will physically affect the cost of Over powered because of the deal being private.

Also, the tokens are being obtained from the unallocated piece of the Over powered symbolic depository, implying that they are not piece of the circling supply.

As made sense of on the Idealism site, the tokens are dependent upon a two-year lockup period, implying that purchasers can't sell them on optional business sectors.

Purchasers have, in any case, been conceded authorization to assign the tokens to unaffiliated outsiders for administration purposes.

As per Confidence, this deal🤝 is important for its unique arrangement and is totally represented in its "unique working financial plan of 30% of the underlying symbolic stockpile."

The deal comes only two days after Idealism reported its third airdrop, where 19.4 million Over powered tokens were assigned to in excess of 31,000 addresses💸 that participated in appointment exercises connecting with the organization's decentralized independent association (DAO), Positive thinking Aggregate.

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