Hi everyone,. Firstly, thank you to those who have dropped suggestions here.
09 Feb 2023, 18:34
Hi everyone,
Firstly, thank you to those who have dropped suggestions here. The feedback makes us better, and we will continue to do everything we can to adopt it.
Secondly, I want to reiterate, we are still here building.
In a couple in-depth messages a few weeks back, I detailed the circumstances surrounding mainnet and what we were working on. I also delved into this in our last AMA. To recap briefly for those who missed it:
1. Our target date for mainnet has to be rescheduled until market conditions improve. This is related to the mechanics of the funding arrangement with GEM Digital. As soon as we are able to publish a new date, we will
2. In the "bridge time" we are continuing to build and identify opportunities to materially scale the project - this includes looking for opportunities to double down on the use case work we've done to-date (for example, PHI dApp as described in our last AMA)
A considerable amount of our time and energy is going into #2 right now. Although we may not be able to provide public facing updates about this work yet, do know we are working diligently behind the scenes.
We remain committed to communicating transparently our positioning with the community as we navigate this period. We believe the type of tech we've been working to build -- full-stack blockchain solutions -- will be the focus of the next innovation wave in our industry, and we are working to position for it. I think it is fair to say that in the next 60-90 days, we will be able to provide definitive guidance on our moving forward plan.