It’s with a very heavy heart that we have decided the time has come where we MADNFT will be unable to continue to build any further on the Harmony chain.
In July ‘21 we came into the Harmony community full of hope and enthusiasm for the services we knew we could bring.
We have met many of you at events around the world and worked tirelessly to deliver on our promise.
Despite meeting all of the grant proposal milestones agreed the Harmony Protocol team has decided to refuse to pay our grants funds. This leaves us in a very difficult financial position to continue building on Harmony.
Over the past few months we have been reassured a number of times on various communications by the core team members that the grant would be honoured.
On this misinformation we decided to continue to build under difficult financial circumstances whilst carrying a team.
Fully documented in the timeline above and also using the following link are the completed milestones:
In recent messages we received new milestones yet again which feels like an attempt of sabotage. Here’s an example of many.
“Instead of us paying out the 75k for the completion of all stage 3 milestones, perhaps we could break it up as follows:
Stage2 :
$25k for 5 drops, 5 partners
$25k after 10,000 users
$25k after 25,000 usersStage3 :
$25k for bridging $100k NFT value from Cardano to Harmony
$25k for volume sales of $100k on harmony NFTsLet me know if that works.”
As asked if this can be updated on talk.harmony.one on a number of occasions despite no core team members communicating back.
It makes us very sad to have to write this post.
We have built amazing friendships with so many of the previous core team members who all behaved impeccably and were incredibly encouraging.
We are very thankful for the opportunities throughout the past 12 months building with this community.
Making A Difference in Brazil, Los Angeles, Miami and Colorado with you guys.
Also receiving an investment of $550,000 USD stemming from project X - from Sam Harrison and Devin Marty for a combined stake in MAD NFT tokens.
(the final number we received due to protocol was $500,000 USD due to moving price average. With the market collapse and the hack this was unfortunately compromised.
Nevertheless this opportunity helped us fund a total new build of our V1> V2.
After discussions and sharing visions with Stephen Tse over brunch in La (March ‘22) it inspired us to build a completely new react platform with a list of false promises that never got upheld.
Stephen promised us that we would have Harmony’s full support.
We never had any further support until September ‘22 where we got a dedicated developer for 5 hours a week.
We refuse to be part of any culture that is not based on trust, so for that reason and so much more we are deciding to walk away from any association with the Harmony protocol team with our dignity intact.
We wish all remaining projects and personalities huge success.
We believe in the technology but we can no longer believe in the direction.
We really believed we could play a part in turning this around.
The MAD NFTS platform will remain live for the Harmony community.
Both live auctions and the contracts for both MAD v1 and Da vinci will be updated soon.
We are super excited and remain undaunted in our ambitions to help the creator economy all over the world and truly make a difference.
Thank you for your support
MAD NFTS