$XPL Value Alignment

The token value accrual model in this industry has been broken for a long time. Regulatory hostility pushed most venture rounds into buying two instruments, equity in a development company and the token, usually via warrants. From there came legal complexity, offshore structures, nominee directors, and artificial distance between the devco and the token entity, all in the name of supposed decentralization. The result has been consistent confusion about where value is actually meant to accrue.

Regulation is now moving in a direction that supports innovation and creates a clearer path for value accrual. @Plasma has been clear on the direction from day one, and they have spent a lot of time working through the details to make sure to take the right path.

The team are fully committed to building #Plasma around $XPL and aligning the entire organization around it. To make that explicit, the development company and the Plasma Foundation are currently undergoing a series of transactions where the development company will be majority owned by the Plasma Foundation. The goal is to remove ambiguity and make the alignment clear. XPL is at the center of everything being build, and it's fully aligned with its success.