
dearcommunityfriendsatgrandconquestourgoalhasalwaysbeentocreateafuninteractiveexperiencewithinberachainoverthepastseveralmonthswevelaunchedfourtestnetseasonsandrecentlywrappedupourfirstmainnetseasonwevepouredagreatdealofeffortintothisprojectandyearsanduptoamilliondollarsofourownfundsonthedevelopmentcostsasacompanywehaveresponsibilitytoensurethelongtermsustainabilityoftheprojectandsupportourteamdespiteinvestingpersonalfundstokeeptheprojectmovingforwardfor7monthsontestnetfullybootstrappedburningover4050kamonthandafullyearandahalfpriortojoiningtestnetithasbecomeclearduringourcampaignthatourapproachtomonetizationtokenomicswasnotyieldingtheresultswehadhopedforandtheoverallmarketconditionsandinterestintheprojectdoesnotmeetwhatisneededtomakethisalongtermandsustainableprojectduringthemainnetcampaignwewerentabletosellanygoldtokensforourdevelopmentfeebecauseitimpactedthepricetoomuchtoduetovolumethelowvolumeoftransactionsmadeitdifficulttosellthetokensforthenecessarydevelopmentfeewithoutnegativelyaffectingthepricewedonothaveasustainableflywheelmodelwhichwouldallowourprojecttobeprofitableaswellasnotsellanytokensorotheralternatewaysoffundingasacompanywealsohaveadutytogenerateincometosupportourteamaftercarefulconsiderationwevemadethedifficultdecisiontoshutdowntheprojectwhileweareproudofthehardworkandinnovationweveputintograndconquestwehavenodesiretocontinuetheprojectcompanyandclosingdownineveryaspectwearetrulygratefultoeveryonewhohassupportedusalongthewayandweappreciatethefeedbackandengagementwevereceivedweacknowledgethatthereweremistakesmadeandwevelearnedagreatdealfromthisexperienceultimatelywebelievethisisthebestdecisiongiventhecircumstancesascontinuingwithoutthenecessaryresourcesandcommunitysupportwouldnotbeasustainablepathoverthenextweekplayerswillhavetheopportunitytoredeemtheirseason1rewardsandafterthatwewillbeclosingdownthewebsiteandwindingdowntheprojectthankyoutoeveryonewhohasbeenpartofthisjourneywedeeplyappreciateyourtimesupportandengagementthankyou