KIP: LIBRA is released and marketed by KelsierVentures, and KIP does not receive any profits

ChainCatcher message, KIP Protocol stated on platform X that the release and market-making of the LIBRA token are entirely the responsibility of KelsierVentures and the project's initiator Hayden Davis, and no related wallets belong to KIP. KIP is only invited to manage and oversee the selection of funded technology projects after the release and to provide technical infrastructure for the AI program.

When Argentine President Milei announced the project on X, KIP was not involved in the release, as KIP Protocol's role has always been to act after the release. KIP has faced a lot of FUD today, including threats against individuals and employees, but was not involved in the release, nor did it handle any tokens or SOL. KIP Protocol did not receive a penny in profit from the LIBRA token issuance and is not involved in market-making activities.