In this article, we’ll share an update about our recent AMA on January 3, including key news relating to the short and long-term future of Tempo DAO.
Marketing wen?
Due to a down market and OHM forks’ reputation suffering recently, we are concerned that any intense marketing efforts during this period might not end well. However, we intend to ramp up our marketing heavily around the releases of our products. Currently, we’ve been running giveaways that incentivize participation by sharing information about Project Lazarus. We are happy with the initial results of this strategy. We will expand on it for future developments.
Buyback wen?
Given our treasury holds ~$1 million, a buyback would be a short-term solution that would only add more selling pressure. We would prefer to use these funds for the long-term success of Tempo DAO, such as developing games and expanding our team.
Have you got any plans to combat the current inflation of Tempo?
We’ve considered several possibilities for this, including creating a V2 TEMPO token that will require a swap of 10 TEMPO to acquire. This would reduce the supply because the Tempo will be burnt, but it will also allow us to create positive bonds at a reasonable discount to attract more people to provide various assets to our treasury and have it grow with built-in burn mechanisms & taxes. This will allow us to sustain reasonable APYs for the foreseeable future.
Are you happy with the development of Battle of Olympus?
We’re happy with the progress that has been made. We’re very excited about the alpha version coming out soon, to share it with you!
