Thanks for your interest in our project! Here is a little background about us. (Sorry for the long thread!)
Our name was "Stellite" at our inception back in January 2018, some of you may have heard about us at this time. We have always been focused on mobile-friendly pow algorithms and app development. In January 2018 we started with a 0.6% premine that allowed us to start building the foundation of our project and pay for exchange listing and some basic expenses. We had our own topic here and also great support from the community:
https://bitcointalksearch.org/topic/annpow-torque-decentralized-node-list-via-ipfs-zeronet-2813261Unfortunately, we received a lawsuit in 2019 because the name "Stellite" is
copyrighted by
Kennametal. We didn't have a choice but to choose a new name in a hurry, so we rebranded to "Torque". It was not a chain swap, just a name change.
Since we were not really happy with the name "Torque", we decided to
rebrand one last time to "Scala" with the release of Himalaya, the v6 version of our chain that allowed us to bring our mobile-friendly ecosystem to reality. This rebrand was also not a chain swap, just a change of name.
Unfortunately, we had some sync issues with our v6 chain, so we decided to perform a swap to a new chain, called
Panthera (v7) and also develop our own light version of Delayed-Proof-of-Work (LdPoW). So we conducted the swap on July 31, 2020 with our exchanges, and provided a Swap Tool for the users that were not able to swap before this deadline. This tool is still up-and-running:
https://medium.com/scala-network/scala-swap-tool-instructions-e6c7248c0ab4After overcoming problems we had with our short premine when we first started (Stellite), v7 has officially addressed everything that we initially had set out to finish in our whitepaper and more. Unfortunately following this development, we quickly have run out of funds to continue forward, this is one of the reason that we decided to set aside around 3 years' worth of PoW rewards for the development and progression of the project for the next 5 to 6 years.
If you have any other question, feel free to ask them here