Thread by @SolariansNFT

(1/10) 🚨Important Announcement 🚨

After extensive internals discussions and with FTX , we do not see a feasible way to proceed with fee-sharing for Solarians while remaining compliant to all regulations.

(2/10) Even if we choose not to list with FTX, proceeding with fee-sharing will expose the project to compliance issues in the future which is not beneficial to for the holders in the long-term.

(3/10) We understand that this will upset the community and we get it - we're with you. We've put tremendous time and resources into developing the rewards structure, and really looked forward to launching it.

(4/10) However, we can choose to focus on the few positives:

(1) We are listed on FTX and potentially other upcoming marketplaces (e.g. CoinBase) which exposes us to a whole new world of potential buyers.

(5/10) (2) As a community we can decide how we can put the current pool of fees, which will continue to receive royalties and DE service fees, to good use to further deliver more value to holders than direct fee rewards could.

(6/10) (3) there will no longer be the constant worry of whether the project is fully compliant with all regulations

(7/10) We know that this is not what many have signed up for, but we are very confident that with the community's continued support, we have a opportunity to re-write the script for the future of Solarians.

(8/10)We take pride that Solarians have many other major value propositions, such as being the OG Robots on Solana, upcoming launch of Rumble Worlds & Changing Room, airdrops, presales, and other huge initiatives we have been working on.

(9/10) Thank you all for being on this journey with us and we promise to keep working our hardest to keep developing and delivering value to our community.

(10/10) You may read the full announcement in our Discord: discord.gg/EZBhfhrj72