Truth Terminal founder announces sale of most of his FARTCOIN holdings
Andy Ayrey, founder of Truth Terminal, announced the sale of most of the FARTCOIN tokens held by the project over the counter. Ayrey said that counterparties have committed to hold these tokens responsibly and will not cause selling pressure on the market.
Some of the proceeds from the transaction will be used to increase the holding of GOAT tokens as a thank you to the community driving the development of decentralized AI. The Truth Terminal Foundation currently holds about 0.5% of the GOAT supply and plans to hold it for the long term. The foundation is fully funded to recruit talent, issue grants and purchase GPU equipment.