Sophon

bookmarked. the bathrobes are coming off.

This couldn’t be farther from the truth. Yes we let people go - their roles weren’t necessary or performance wasn’t meeting expectations. In addition we've recognized our gaps & have hired a pretty world class consumer team, which everyone will hear more about soon too. And yes we’ve been quiet (too quiet I admit) as we’ve been very heads down building some new products. I realise for investors it’s scary and feels like a rug, but this is not the case. Just been building quietly, that’s simply the truth. In a few weeks you can expect to hear from us and discover Sophon 2.0 and new products we’ve built. All I can say for now is that I think general blockchain ecosystems are cooked and all of them struggle to find pmf, so last year in Q4 we decided to take matters into our own hands and build consumer products ourselves we think are useful (hence the team headcount reduction). Products are coming, top talent has joined, Sophon will be reborn.