Celes Foundation Co-Founder: 'We Will Never Pay Influencers to Promote Our Token'

IconCryptoNewsTerminal Staff10 Jul, 2024

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Celes Foundation Co-Founder: 'We Will Never Pay Influencers to Promote Our Token'

Mustafa Al-Bassam, co-founder of Celes (TIA), made a strong statement recently, asserting that "we will never, ever pay influencers to promote our token. It's just something that's very shameful for us." Al-Bassam's comments come amid a growing trend of cryptocurrency projects using paid influencers to promote their tokens. This practice has drawn criticism from some in the cryptocurrency community, who argue that it is misleading and unethical. Al-Bassam said that Celes is committed to building a strong and sustainable community. He believes that paying influencers to promote the token would be a disservice to the community and would undermine the project's long-term success. "We want people to invest in Celes because they believe in the project, not because they were paid to do so," Al-Bassam said. "We believe that this is the only way to build a truly sustainable community that will support the project for the long term."