The Project has not been abandoned. We're internally discussing next steps. Unlocks for presale has begun on a linear vesting.
22 Jul 2023, 16:49
The Project has not been abandoned. We’re internally discussing next steps.
Unlocks for presale has begun on a linear vesting
Launchpad partners still have not launched so we are currently waiting
The future of Hamachi is uncertain, the protocol is based on volume. Marketing takes care of itself with how the protocol is designed.
What would you guys like us to be posting on social media? We saw a big draw down post-saba and seeing another draw down with the hamachi unlock. If you want to sell and get out then we’re not stopping you.
We’ll try to keep the protocol going, but the truth is that the team has exhausted a large portion of funds to buy backs and dae in anticipation of constant volume but that wasn’t the case, we have some funds in future Launchpad projects but no ETA on launch. Delays due to unstable market conditions.
Hamachi works how it is designed, volume dried up post arbitrum airdrop and didn’t receive any $arb contributions.
If you have any suggestions let us know.
Same news in other sources
122 Jul 2023, 16:51
We took a 100k presale and 133k MCAP start to over 20M at the peak. State of the market couldn’t support us to grow further, meme coins gained a lot of momentum. Other projects on arbitrum experienced similar drawdowns. Not all of them, but a lot of them.
We took a 100k presale and 133k MCAP start to over 20M at the peak.
We took a 100k presale and 133k MCAP start to over 20M at the peak. State of the market couldn’t support us to grow further, meme coins gained a lot of momentum. Other projects on arbitrum experienced similar drawdowns. Not all of them, but a lot of them.