Forward from: Unknown
Dear community,
This is a detailed explanation on our plan ahead, kindly read through completely before making any comments.
Lets start from the beginning,
We spent 5 months building our platform , paid a hefty amount to developers to make sure it is bug-free.
When it comes to launch time we raised 0 private, 0 seed round and decided to self fund the marketing for launch.
Everything went good, we spent a large amount on pre launch marketing, got every caller in the space we could, got every ads possible. Paid incubators etc. surprisingly we didnโt raise a very large amount on our fairlaunch. ( WE bought in fairlaunch too and havenโt sold )
What went wrong after launch was people selling for pennies and losses. Which is the fate for 0 tax projects in this space now.
We got a few callers after launch too but unfortunately there was no effect to the chart.
We tried getting some callers after the crash too, but they werenโt ready to call such a chart.
Eventually we decided that any further marketing would be exit liquidity for existing holders.
We observe that 2 things went wrong:
1) Lack of usecase for $BRV token in the arena
2) 0 tax model (swing trade fest )
What we decide ahead:
We have taken a snapshot of holders at the time of posting this message and,
After discussion and thinking over and over again, we decide to rebrand & relaunch the platfrom to V2 sometime later. This means additional utility for the native token, which means the only form of payment in the arena will be the new token.
We will stealth launch on ETH. We are done with BSC
We will start afresh, but take note that , things take time, donโt expect relaunch after a day or two. It takes time for development.
This is the final decision and we hope we can make things right!
Thanks for your support
All announcements regarding new updates will be posted on the channel itself.
