Liquidity Update & Upcoming Presale Stage

Liquidity Update & Upcoming Presale Stage

Dear SportPoint Community,

We’re excited to share some important updates regarding our current liquidity status and our upcoming plans.

Liquidity Removal & Transition to Presale

Previously, we enabled our early adopters—those who were among the first to follow us on our social media platforms—to trade their POINT tokens on PancakeSwap. This was an important phase, as we worked to establish initial liquidity, test our smart contracts, and provide our early community with the opportunity to realize their initial gains.

Now, as we move towards the next phase of our project, we’ve decided to temporarily remove liquidity from PancakeSwap and pause active trading. This decision is based on two key factors:

  1. Preparation for Presale: We are gearing up for our official presale stage, which is vital for attracting strategic investors and scaling our project.
  2. Managing Volatility and Ensuring Price Stability: By removing liquidity at this stage, we can temporarily halt trading activity, control token volatility, and set the groundwork for a sustainable price leading into the presale.

72-Hour Sell Window for the Community

In order to give our community a fair opportunity, we are providing a 72-hour sell window for those who would like to liquidate their POINT tokens before the removal of liquidity. After this window, liquidity will be removed, and trading on PancakeSwap will be paused until further notice.

Next Steps

  • Presale Launch: Our next focus is the official presale, aimed at raising funds to further develop the SportPoint platform, conduct marketing initiatives, and list POINT on centralized exchanges.
  • Transparency & Accountability: As always, we remain committed to transparency. All actions regarding liquidity and sales will be logged on-chain for full traceability.

A Note of Appreciation

We understand that any change in liquidity can raise questions, and we’re committed to providing full transparency around the decisions we make.

The upcoming presale represents an exciting opportunity to bring in new stakeholders, expand our reach, and set the foundation for a robust and scalable ecosystem. We believe this transition is an essential step forward for the project and our community.

If you have any questions about these updates or our future plans, feel free to reach out—we’re always here to engage with our supporters.

Thank you for your continued support!

Sincerely,
The SportPoint Team