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masterdubs | Pirl founderToday at 5:15 PM
@everyone February 19th, 2021
We have a sad announcement today and our hearts are heavy. We as a team, have decided to cease development of Pirl.
Numerous factors have led to this decision but ultimately it all comes down to price and inability to fund development any longer. After several attempts at a revival it has become obvious that Pirl, in its current form, is not able to be realized in a way that allows for continued resources of the development team.
From the beginning Pirl has operated on a failed business model, no initial funding. Unfortunately, these fundamental flaws have now cast a shadow on our project that we can no longer foresee a viable path forward.
Since its inception Pirl has needed additional exchanges, marketing, etc. However, these were not attainable due to lack of funding. Not only lack of funding upon launch but also the lack of a continued and viable funding mechanism for the project itself. All of which are essential in today's blockchain industry.
We are proud that Pirl has overcome many challenges and attacks in the past. We are also proud that Pirl has produced some truly groundbreaking blockchain innovations such as PirlGuard and ETH masternode infrastructure (we were first btw) for all of blockchain.
For several years, Pirl developers and team members have worked extremely hard, for free. Unfortunately this is the end.
Pirl blockchain is open-source and anyone from the community can decide to work on it. Going forward we will do our best to support the continued community developmental efforts. It will not be asked to be delisted from any exchange, Pirl operates in a truly decentralized manner. We appreciate your great support and engagement.
On a more personal note, I appreciate all the help and support you made for Pirl, it was a great adventure .The success of Pirl was a long standing dream of mine, but eventually reality has to be faced. If reality is not faced, both professional and personal hardship will be the results. The decisions in this letter were thought about long and hard, and sadly, no other acceptable options are available to me. The Pirl blockchain, and its journey will stay forever an awesome experience. Even if it did not end as I would have expected or desired.
Sincerely,
Dubs
