gilgaMesh | Σ
1.4K posts

gilgaMesh | Σ
@gilgMesh98
#Sigmanaut @ergo_platform
















It is with deep concern that we share the following news: Ergo is being delisted from @HTX_Global. Our signed listing agreement contained no volume requirements. Despite this, we were later placed on an ST list without clear or timely notification of any new rules. Once we were FINALLY aware of our delisting (a month after we were supposed to receive the ST notice but hadn't), we pivoted and met liquidity requirements. By then were told by the person assigned to us that they were “not a decision maker” and delisting would proceed. There was no ability to escalate, ever. After a very difficult behind the scenes process, we were connected with the head of listings themselves and were offered a 100k "marketing" package to cancel the delisting process. We have receipts of this conversation. To us, this raises serious questions about whether projects are being asked to make undisclosed payments to avoid delisting and meet random requirements. If true, this practice would place projects in an impossible position and make maintaining a listing at a HTX a difficult feat for any non VC project. How many other projects have quietly paid so called additional ‘marketing fees’ to remain listed? How does a global company operate in such a manner that doesn't communicate properly and retain no principled approach to requirements and or working with projects who have spent $$$,$$$ to join their platform. Transparency matters. Communities deserve answers. Please remove your ERG from this exchange before the deadline (htx.com/support/650122…)















