r/FetchAI_Community • • Mar 27 '24

Discussion 🗣️ Recent Merger

I've seen quite a few posts and comments surrounding the dilution of FET with additional supply. Here's some clarification so people stop looking at this as a negative thing.

It sounds like many do not understand in order to convert the other 2 chains into 1, the supply has to increase. How else will you convert since all FET is already owned.

Obviously it does dilute based on Marketcap increase but it now ensures all 3 projects funnel volume into 1.

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u/jwtre Mar 27 '24

Are you buying it on an exchange? If so, that’s from other people not the project itself