Dear VOX community,.
11 May 2022, 10:33
🔈 Dear VOX community,
our project started with humble beginnings, with a presale that barely amounted to $10,000 at the time, and experienced immense growth that we, the team, could not have predicted even in our wildest dreams. Our distribution was extremely fair to the community and even when we reached our highest price, we remained from selling tokens, because we did not want to negatively impact the project, which in hindsight did not help the further development.
As prices declined and our treasury grew even thinner, we were unable to provide updates as regularly as we would have liked and currently we operate with basically no income. As the founding team, we have barely made any significant profits from our endeavors and have instead continuously tried to seek for partnerships and marketing specialists to help us renew VOX. Our last attempt was to revive the project with our partners Wanchain, but it proved to be ineffective, partly due to the fact that trust from the community had already diminished and we couldn't invest into the mutual activities as we would have liked.
Instead, we have decided, for the time being, to focus solely on providing the base features that Vox Finance has always provided, which are staking & yield-farming services. We have never experienced any kind of hacks, significant downtime or other issues which would have prevented the project from working normally. We have unfortunately suffered the same fate than most projects from the era when "DeFi" platforms started to emerge and with our current treasury it is extremely hard to offer new, innovative services.
Some marketing efforts did not work out, other influencers took advantage of significant price impacts on a project with a small market capitalization and our roadmap goals were never reached due to the reasons already described.
The platform will continue functioning as it is now and we intend to support it going forward. Everyone who is already a member and anyone who will join the project in the future can be sure of this. We will continue to try to look for new partnerships and ideas to revive the project, and under no circumstance do we intend to abandon it. Perhaps there is a way to bring forth a new vision for VOX, through a contract upgrade and complete redesign, however, before disclosing more information about it, we must first discuss internally what is even possible and what is not possible.
Our holders will always come first and any decisions will be discussed as a community as the slogan of the project states "vox populi". We hope that everyone is doing fine, despite current market conditions and we hope to be able to bring you more positive news soon.
Your Vox Finance team