Validated users decreased by more than 6% and we still don't see any interest in new users coming to test this IDENA project, slowly people have left this project both farmers and other users, even though many new things have been developed after yesterday's mainnet , it seems that the Devs have to start approaching all the IDENA community again, for example holding an AMA on telegram as before only to hear input from the community in order to create cohesiveness to bring IDENA to be known more out there. I really see a lot of people who have left this project, but I still believe that IDENA will continue to survive in the competition.

Somehow everything goes down here. I think that most of all, with the fall in the value of the Idena coin, interest also fell for them. Too much validation work for a little dust.
I don't remember when I managed to find someone new to invite, I don't even try anymore. I don't even bother with flips, just upload any random pictures.
I believe that there must be some much better update here, apart from these cosmetic things in the wallet itself.

The problem is that everything costs money. Such an AMA on a large group on telegram is $ 500-1000, it is not small for a project with a capitalization of $ 1.5 million. A good, high-profile marketing campaign will suck all the capital out of the project very quickly, unless it turns out to be a success, but it's a one-way game.

This is a detailed set of instructions for deploying and managing Idena Shared nodes and their API keys. If someone is thinking of installing their own shared node, I think this guide would be a very useful starting point.

Dear Hotbit users,

For 5 years and 4 months, the Hotbit team has been proud to participate in a wonderful crypto show with 5 million users. However, it is with great regret that we have made the decision to stop all CEX operations from May 22, UTC 04:00. We kindly ask all users to withdraw their remaining assets before June 21, UTC 04:00.

This decision is based on three reasons:

Firstly, the deterioration of the operating conditions. After the Hotbit management team was forced to suspend operations for several weeks due to the investigation in August 2022 (https://hotbit.zendesk.com/hc/en-us/articles/8074249353495), the industry has experienced a series of crises, including the collapse of FTX, bank crises causing USDC off-peg incidents, resulting in continuous outflows of funds from CEX users, including Hotbit, and deteriorating cash flow.
Secondly, the change in the crypto industry trend. The successive collapse of large centralized institutions has led the industry to gradually in two ways: either embrace the regulation or become more decentralized. The Hotbit team believes that centralized exchanges (CEX) are becoming increasingly cumbersome, with highly complex and interconnected businesses that are difficult to comply with, whether for compliance or decentralization, and are unlikely to meet long-term trends.
Since its beginning, Hotbit has been characterized by providing a rich variety of assets and value-added methods. Hotbit was the first exchange to list numerous emerging assets, including SHIB, KSM, GRIN and so on, and was the first to offer staking services starting from ATOM, as well as the first to conduct Defi mining business using Compound. However, due to the industry's uncertainty, various opportunities also contain many risks. Hotbit has also suffered numerous problems, such as repeated cyber attacks and the exploitation of project defects by malicious users, resulting in significant losses. Therefore, the Hotbit team believes that the operation model of supporting a diverse range of assets is unsustainable from a risk management standpoint.
That’s all, with so many joys and tears, our show is over. We want to say thank you and take a bow now. We still believe a bright future about crypto innovation and some of us will still fight for it.

Since some time ago Hotbit has experienced maintenance for quite a long time, I'm sure this project will soon be closed or bankrupt so I've withdrawn my IDENA money from their site and I've warned that to the IDENA community in my country, therefore trading on hotbit not very active, currently IDENA exchange lost two crypto markets Qtrade and Hotbit, currently Idena looks more active on pancakeswap and also Bitmart, I hope there will be another new exchange coming for IDENA to increase trading volume

Every time the validated IDENA users are getting lower but this doesn't make this project die or even go bankrupt, some communities that still believe in this project continue to survive and I hope Dev IDENA can think about new breakthroughs that might attract people's interest to come take a look at IDENA, a lot discontinued programs such as affiliate reward programs or other campaign programs so that not many communities work to campaign for this project and promote it, I hope Dev will invite the community to introduce IDENA out there.

I also think that almost a few people have left this project and lost hope in IDENA due to lack of trust, actually what I'm waiting for is that the IDENA team will start communicating with the IDENA community who have faithfully supported IDENA until now. I believe this closeness will bring the project even bigger.