Quick clarification on
$SCRIB:
$SCRIB is not the Scribble Network token. It represents liquid rights to a SAFE investment
@CyreneAI is proposing to make in Scribble.
Scribble did not launch the token or its secondary market. We currently hold 0.2% of the supply, which we will burn, and will hold no
$SCRIB after that.
We have not accepted the SAFE investment yet. If we do,
$SCRIB holders should treat the token as rights connected to CyreneAI’s investment in Scribble, not as a Scribble-issued token.
We’ll continue sharing updates on our business, product, and fundraising. If a future event allows those rights to be exercised, holders should do so through
@CyreneAI.
TL;DR:
$SCRIB ≠ Scribble Network token. It is a liquid right connected to CyreneAI’s proposed investment in Scribble.