Topic: Idena is the first Proof-of-Person Blockchain - page 2. (Read 44019 times)

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.

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.

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.

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.