Tezos Investors Got a Chance to Sell This Week

After waiting nearly a year to get their tokens, the first thing many Tezos investors did was get rid of them.

Notably, the sell-off coincided with the first listing of Tezos tokens on an exchange, meaning investors were quick to take advantage of access to liquidity.

On Monday, Gate.io, a smaller exchange that ranks 22rd by 24-hour trading volumes, announced that it would support trading in XTZ or "Tez," the native token of the Tezos blockchain.

Overall, investors in Tezos seem to be putting on a brave face following the price decline.

A forum for Tezos traders saw more than one user boast of having bought tens of thousands of tokens in over-the-counter trades - prompting others to request an introduction to the sellers.

A common theme was the blame the Tezos Foundation, the Swiss non-profit that conducted the ICO and launched the Tezos betanet, supposedly deserves for not having secured exchange listings prior to taking the network live.

According to another reading Draper's idea that Tezos investors needed cash might have been too generous.

Ironically, for a project that aimed to improve governance, the Breitmans - whose company Dynamic Ledger Solutions controlled the code behind the Tezos protocol - soon found themselves locked in a dispute with the president of the Tezos Foundation, Johann Gevers.

Recent months have provided the market with additional reasons to worry - aside from infighting among Tezos leadership.

If the Tezos selloff is "Gorgeous," then, the community - and the communities of other cryptocurrencies - might have more beauty to look forward to in the months to come.