We face a dilemma for the launch of $JOY.
During preparations for the token launch, both the Spark memecoin market and the broader crypto market turned bearish. The best decision at the time was to delay the launch to avoid releasing a token with little chance of success.
Mainly due to market conditions, the investors who planned to provide the liquidity pool have paused this initiative until the market shows signs of recovery.
With no turnaround in sight in the near future, we must decide on the next steps for the token.
A) Launch the token without a liquidity pool. Buyers and sellers would trade in fragments (similar to BRC-20). This defeats the purpose of Flashnet's capabilities.
B) Wait for the market to recover and regain investor confidence to secure the liquidity pool.
The snapshot has been taken, and everyone's allocation is saved and unchanged. This will remain the same.
We will open this for discussion in the comments, with a vote planned in the coming weeks.
Quick Update:
We continue to monitor market conditions and the Spark ecosystem closely. We are in active discussions with our partners and the Spark/Flashnet team. While things are slow right now, Flashnet has big plans focused on Spark's sustained growth.
We believe the upcoming news and features from Flashnet will expand the ecosystem and attract more attention to the protocol. We remain committed to launching $JOY when the timing is right, rather than rushing it.
After careful deliberation with our partners, we've decided to launch $JOY in the new year.
The goal was to spread $JOY over the holiday season, but with the current state of BTKN tokens, launching any sooner would only risk harming our holders.
@flashnet has announced that they'll be prioritizing rewards, improved tooling, and stronger partner support starting in the new year. We're intentionally aligning the $JOY launch with these upgrades to ensure maximum scalability and a flawless experience for the community.
Wishing everyone a joyful holiday season! 🎄✨
The UNITY snapshot is now being taken.
This may still take a few minutes - we advise everyone not to move their token at this time. Any immediate movement of inscription is at a risk of losing their allocation.
Airdrop details to come later. No stealth launch.
UNITY Ordinal Inscription snapshot in 1 hours 📸
This will be the last chance to trade $JOY before the airdrop.
Airdrop details to will be given later. No stealth launch.
https://t.co/I2KDf0vNK5
Be safe and make sure you are not falling for scams.
All official news will come from @JoyOnSpark.
Notifications on🔔
There will be no stealth launches.
There will always be timelines provided.
Remember, $JOY & UNITY are FREE airdrops. We will never ask for a penny.
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