Dear Hive Community,
As many of you are aware, our journey with Hive has been filled with ups and downs, and it's now reached a critical juncture.
Our progress with Shoply has been slower than anticipated due to our Developers letting us down time and time again, and our financial runway is rapidly depleting. This situation leaves us with two distinct paths forward, each with its own implications for Hive and all of us who've invested our time, energy, and belief in what Hive can achieve.
Option 1: Rally for One Final Push We propose organizing a final expo in an all-out effort to attract venture capital investment. This event could be our last opportunity to showcase Shoplys potential, aiming to secure the funding necessary for completion and future growth. This option would require pulling the remaining liquidity in the $HNY token, used entirely for Expo costs and additional product functionality. It's a high-risk, high-reward scenario that also promises the chance for us all to come together once more.
Option 2: Distribute Remaining Resources Alternatively, we face the option of pulling our liquidity now, redistributing the remaining assets among our most loyal community members. This path offers a more immediate return to those who've stood by Hive, acknowledging their support even as we acknowledge the end of our current path. It's important to note that the return would be minimal, as the liquidity pool has been depleted.
We aim to make this decision as a community by April 1st, so please share your thoughts before then and cast a vote. Thank you for your continued support and belief in Hive/Shoply.
Best, The Hive Team