(Thread) 1. There have been some questions why we haven't built much on Archway in a while. The only details we offered publicly before were that we were changing gears. In reality, there was a chain of actions that produced a malaise of doing anything on Archway
8. Thus everyone had their time wasted. When their platform arrived it clearly took many of the designs from Architech and just slapped a dark mode on it. The whole ordeal had given us a bitter taste in our mouths regarding Archway, and we were not keen to keep building there.
7. However the offer they wanted to give us was insultingly low, and we couldn't justify taking it. As Phi Labs controls the first point of contact to many teams and the socials for the chain, competing would be an uphill battle. Not worth the resources.
Interesting fact: one of our founders, Lumi, originally got into Web3 development because he is a digital artist himself, and wanted to build tools to solve glaring issues he found in the NFT space.
Like rewards? Like helping out the community? Well now you can do both! We've just launched a bug bounty program for Architech! Details are in the article:
https://t.co/2xF0K5QP9y
@pob125@SatosheHer@Jackal_Protocol You know those protocols don't actually store data right? They essentially just hold the pointers to the data stored in a centralized location? And because of that you can't do anything with it on chain? And that the storage is public? And to top it off they are more expensive?
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