Just addressed the names of some people who are no longer on the team, how the ETH launch was a drain, how the project continues
23 Jun 2023, 05:20
Just addressed the names of some people who are no longer on the team, how the ETH launch was a drain, how the project continues to move forward but stressed the importance of utility for the project.
It was put to us cut and dry that if there is no utility, there is no future for the project.
It was mentioned that an update would be provided weekly in some form or fashion (not necessarily a VC), how the team continues to work behind the scenes to figure out a way to move forward. No timeline was given on the execution of any deliverables but they assured us they were working on utility aspects behind the scenes.
They also mentioned a back to basics approach to reach out to new investors to get as many eyes on the project as possible. The "how" specifics really weren't talked about but there was a mention of marketing.
In addition, the LP is locked for a year and when the year is up, those funds will be rolled back into the project.
Hope this helps.