To everyone standing with us through the noise. Thank you. 💜
We’re here, we’re building, and we’re not going anywhere.
Web3 loves a comeback story.
We’re building ours.
Something is only dead if we give up, and we haven’t.
One of the biggest issues in this industry is that success is too often measured solely by token price. Many projects with real utility (not necessarily referring to us) either don’t have tokens or have tokens that don’t perform, and they get criticized for it, while their true value is ignored.
As Alex said, even though our token price hasn’t performed yet, we’ve delivered a tremendous amount of value to both users and projects over the last 4+ years. Meanwhile, there are tokens with zero utility that don’t bring value to anyone, yet they’re celebrated.
We’re doing our best to strike a balance.
At the end of the day, you can choose what you want to believe - and we will continue doing what we believe is right.
Hey everyone,
I’m not active on X, and maybe I should be a lot more active, but I wanted to take a moment to personally address something important.
You might notice that ByBit has temporarily added an ST label to the SQR trading pair. This is a standard exchange measure that can happen when a token’s market cap drops below a certain level, it doesn’t affect trading or withdrawals.
We’re in direct communication with ByBit, and they’ve confirmed that once performance improves and there’s consistent compliance, the ST label can be removed. In other words – this is reversible.
We know we’ve been talking a lot, and that things have taken much longer than expected. There are no excuses – we’re fully aware that the token isn’t performing as it should, and fixing that is our top priority.
Market conditions have been tough, no doubt about it – but we’re not giving up.
We’re not here to say we’ve done everything perfectly – we haven’t. But at the same time, we’re not giving up. We’re still here, still fighting, and still building.
We also understand that when the token goes down, the first reaction is often frustration or negativity – and that’s completely fair. But it’s also important to look at the actions, not just the price. The team hasn’t taken a single token, even though vesting has been unlocked for months. We’re still building, launching new projects in the store every day, running campaigns, creating value for users, and shipping new features all the time.
We haven’t gone anywhere. The team could have taken the easy way out and given up, but that’s not who we are.
Make no mistake – we’re here to stay and fight another day. The recent DAO proposal to burn tokens from the team and advisory pools is just the first step in a broader set of actions we’re taking. Combined with the new initiatives underway (and some we can’t disclose yet), we’re fully confident that the situation will improve.
Imagine what an amazing comeback story it’ll be if our hard-worked plans come to life. Remember – it’s always better to be optimistic and wrong than pessimistic and right.
This is a setback, not the end of the story – and we’re determined to prove it.
@Sonergedikli00 You don't have to believe us, we have to prove with action. Either way it's on us. If we succeed, everyone wins, if we fail, we lose the most.
You’re right that things could be better, and the market right now rewards trends more than utility - tokens with no fundamentals are hitting higher market caps, that’s just the cycle we’re in.
It’s not for lack of effort; we’re actively working on getting additional capital and expanding revenue streams to support marketing and everything needed to keep pushing forward.
The ST label is standard once a token drops below a certain market cap, but it’s reversible, and we can absolutely bounce back. One day, this will just be a story for our grandchildren.
Check and read the DAO proposal again — it has nothing to do with “hesitation.” It’s happening periodically with full transparency. More revenue streams are being integrated to expedite the process, but it was never stated or voted on to simply burn 500M tokens as you described.
https://t.co/SDtNuYqkwF
@Nazariy90993257 Selling at these levels is ludicrous. I did see that, maybe like twap sells or smth, but for last few minutes it stopped. Their loss, weak hands.
Non-military aid to Israel actually ended in 2007. For almost 20 years now, all U.S. assistance has been strictly military/security funding - not economic or civilian aid. Americans aren't subsidizing Israeli healthcare. If you want something factual to complain about, in 2024, you gave Jordan 1.82 billion, 76% economic and 24% military. You can check the links below to fact-check yourself.
https://t.co/NOeh4twOxk
https://t.co/blZckaPiwh
https://t.co/wHFFI8YPIP