It has come to our attention that certain people are spreading false rumors about Datum liquidating holdings of its DAT Token reserves.

To provide full transparency and dispel any rumors I wanted to personally take a moment to comment on the DAT Token lockup situation and recent transactions.

Datum is holding 3 reserves of DAT tokens, as outlined in the whitepaper, as follows (please follow the Etherscan links below to see transactions):

User Growth Fund - 753M DAT

Team Token Fund (voluntarily locked since June 2018) - 390M DAT

Reserve Fund (locked) - 530M DAT

As can be seen from the transaction records linked above the Team Token Fund has been locked since June 2018, unlocked only when certain milestones are reached according to this press release

The Reserve Fund has been untouched and the recent transactions from the User Growth Fund are broken down as follows:

35M DAT was transferred to Animoca (exclusive holder of CryptoKitties distribution license in China) as part of a partnership agreement with them, these tokens are locked for 2 years, announced by the Australian Stock Exchange here

6.3M DAT was distributed to bounty participants in the Bounty0x campaign, a full transparency report can be found here

10M DAT each was transferred to our Market Maker accounts on OKEx, Huobi and Kucoin to provide liquidity

We are confident about the utility value of DAT and keep building services to increase its use. Two weeks ago we released a completely redesigned version of the Datum ID app, see the announcement here. We also have an exciting new feature in store that will allow legacy apps to utilize the Datum Storage Network, watch this space for an announcement soon.