According to Odaily, Mustafa Al-Bassam, the founder of Celestia Labs, has publicly stated that his company will never pay any influential individuals to promote their tokens. He expressed that such behavior is embarrassing.
Al-Bassam's statement comes in the wake of increasing scrutiny of the practices of blockchain and cryptocurrency companies. His firm stance against such promotional tactics underscores the ethical standards that Celestia Labs upholds in its operations.
This announcement by Al-Bassam is a significant step in promoting transparency and integrity in the blockchain industry. It serves as a reminder to other companies in the sector to maintain ethical business practices and avoid potentially damaging promotional tactics.