2022-05-17 11:17:15
1/ Dear Croppers, we hope you all are well & are staying strong
Given the recent market events, we’d like to share a thread giving you a few updates & some of our recent thoughts on all that’s been happening.
Let's get into it
2/ First things first, Cropper’s treasury was NOT exposed to the recent LUNA/UST episode.
It’s SAFE, therefore there is no problem running the project properly.
3/ After speaking with the projects that aimed to launch in the coming weeks, we have commonly agreed to wait until a further date in order to maximize their TGE.
It's best to focus on building strong projects & communities, as well as bring forward the best token utilities.
4/ With this recent down episode, we strongly believe that the next generation of protocols will have to be more convincing for retail investors, have a product running pre-IDO and offer solid token utility.
5/ With more and more retail investors educating themselves, having a dreamy roadmap just isn’t enough.
This is one of the main reasons as to why our team is dedicated to continue aiding early-stage projects in any way possible as they build up their product and market strategy.
6/ We'd like you thank you all for your amazing support
We have so far received many DMs from our regional communities, and can't thank you enough for standing by our side.
7/ Stay bullish, this experience will only makes us all stronger
Spend time with people you love, and remember, this is a marathon, not a sprint.
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https://twitter.com/cropperfinance/status/1526475134403497985?s=21&t=wi95IAXl3QxKWIRjjTigZw
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