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June 27, 2020, 12:08:43 AM |
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Dear everyone, im apologising to everyone ever involved to this project. It's eventually a letdown too, in so sorry i'm a dissapointment.
These longterm 2,5years of Cryptowinter + Poloniex delist many assets included our lifesavings + Uber Exit fron Asia + TradeWar + Corona + soon global recession, are killing many projects and FRAS too are inevitable. I can't believe it, situation like these are suppose to be impossible to happen, but its true and keeps repeating like storm after storm without a bit TIME PAUSE to breathe and recover, i never expect situation like these could happening.
I try save it but failed due to some mistake move,, and i fail to read situation like these in which never turning to better economic, and this corona make it worse too, Taxi simply dead - even worse some car stolen for food, crime hike, some into worst accident - even insurance are neglecting. Eachtime the more problem and situation appears the more we convuse how to tell, its just like an excuse.
However during cryptowinter alone (before worsen), we manage to build some child-projects in which most are currently in limbo, however there are 1 or 2 projects still worth saving/or on going (the $FRAS maybe dead but the child-may survive), and i will try to preserve it and present it to backers soon after, and will report back, and if i could make swap/gaveback for what is lost to all backers (We could BUT we will not disapear, and will be gentleman to face any dissapointed backers).
To note= We dont have lots of backers since the begining, and we also have only limited+small funding to begin with, with our innitial investment to begin and with several startup funded along with many crew and many cost need to be paid; along the time have less and less support to the $FRAS especially the currency on market (everyone stops trading, and the crew cant always washing the market).
We try to survive, but cost are far higher than the asset, meanwhile the funding keeps depleating due to salary and cost. We assure you, as founder we never take any, not even salary for our self, infact we subsidize lots and lots and keep holding on the crypto value will back to normal again in which never happen (untill each of the core give-up 1by1). (Eventhou its small, we regret didn't cash it out while its still worth more and could make different story).
Once again im apologising $FRAS is DEAD we fail our backers, believe me - it took lots of courage to admit we fail and lose so much too, while still appear in public.., please gave wishing luck to the child-project to surviving and have prospect, so i could face you our backers with some hope..
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