Plasma Founder: The team members have not sold any XPL, and 3 of them have previously worked at Blur/Blast

BlockBeats News, October 2nd, Plasma's Founder and CEO Paul Faecks posted on social media to clarify some rumors that have emerged since XPL's launch:

1. No team member has ever sold XPL. All XPL held by investors and the team is locked for 3 years, with a 1-year cliff unlocking period.

2. Out of the approximately 50-person team, 3 individuals previously worked at Blur or Blast, with team members also coming from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. Referring to the Plasma team as "ex-Blast" is equivalent to saying "ex" any of the aforementioned companies.

3. Plasma has not engaged Wintermute as a market maker, nor has it ever entered into any service contract with them. The information regarding Wintermute's XPL holdings is consistent with what Plasma and the public know.