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Ok, so I want to clarify things. So let' me clarify because I don't want this to be some FUD post that's shared around without context, damaging the long term for the project. I gave this detailed response because I am being pinged over and over and asked what my opinion is on HYCHAIN/HYTOPIA, so here is my final statement on it. First off Game dev is hard. Very hard. Pivots happen. Things go wrong. Things go right. I'm fine with that. I expect that. The team have done a lot of things right. They also have gotten a lot of things wrong. Hindsight is always 20/20. The team are not scammers, not ruggers. But I believe they were absolutely over optimistic on their milestones. And the frequent pivots and information blackouts have been damaging to the holders. The feeling is the team is spinning around with blindfolds on, trying to navigate. \ One pivot ok. Two pivots ok. Pivot 4 or 6, no. Communication has been absolutely terrible. The team build in a vacuum with little input from the community. Changes spontaneously occur. Utility for token and nfts spontaneously changed (after people have made significant investment decisions based on information that's continually in flux) When you raise your entire funding on NFT mints, you have social obligations to those holders. 1) One of those obligations is to work with the community. Share info with the community. Make them feel like they are part of the journey. This has not been that. There is the team building. And there is the community observing the building, with little in connection. It's only when the team makes a huge fuckup and the community completely riots are there course corrections. Instead of driving the car into a river and then having to drag the car out of the river with outside help (community) then fix up the car and let it dry off before you resume the journey, why not AVOID driving off the cliff first? The pattern here is to continually make expensive, year long mistakes, pull back, pivot again, then hit the next mistake. 2) The other obligation is to do your best to design an ecosystem where value is driven back to those assets. There have been so many pivots here, it's hard to see how and where those assets are valued. I initially grabbed the NFTs alone (TOPIA WORLDS) because of the promised utility associated with them. That utility excited me and is why I plowed millions into the ecosystem and then doubled down and did not leave when Microsoft canned the original idea. That utility has been canned and replaced with something that's not exciting. I agree that in order for those assets to have any value at this point, we actually need a functioning game and ecosystem. Just promising utility with NO product out there is also a fail. I understand all focus needs to be on building, and in this regard the team is fully activated. They are busing ass building the game. However, while they are building, the assets have collapsed because there have been a series of milestones and promises that have not been delivered. The ecosystem is littered with these by now: grayboys, avatars, worlds, Avtar lootboxes, etc. And there has been very little signal that value will be fed back to the NFTs that made this project what it is. -grayboys are effectively worthless. -Avatars, supposedly the core asset in the ecosystem, were promised revenue sharing, funding was raised on that (including over 100k from me), and then that utility was pulled and then it took another year+ for a paltry 1% of the token supply to be handed out via staking. -TOPIA worlds total initial utility stripped. We need more than a 10-20% discount coupon here for creator hosting to make these interesting. That's the most boring and asinine utility. Push harder here. Give the community something to be excited here about. Creator discount coupons on server costs are not that. Maybe this means something when you scale with millions of players. But you need to first get to Z, and we have the full alphabet to get through first. You are assuming Z, but you are not going to get there if your entire web3 community abandons you before you have a chance. The team needs to be crystal clear they have the full intention of delivering value to those assets. Hand waving some vague promises or hiding behind the 'we are building the game first and that will be your value' is not enough at this point. You need to deliver some tangible promises. The team is so afraid of taking any sort of legal risks they have crippled themselves from fully leaning into the power of web3. Well you guys took a risk on building web3 on MINECRAFT IP, something building an entire business model on that's risky, and it turned out for the worse. But yet you are afraid to lean into web 3 financialized utility in favor of your actual holders who (giving worlds/avatars revenue sharing from the market place, or kickbacks from a successful token economy). It doesn't make the hodlers feel like you are going to bat for them, but rather you have them bat for you only. If you need to build the game first to get there, fair. But you need to make your web3 community, the community that has enabled you HAPPY first. And they are happy when they see their assets go up, not down -95% and the token 99% discounted. This project is also trapped in it's own little pond with little interaction outside of it. I see no community meetups at events. I see no founders EVER activating meetups at crypto events anywhere. There is no sense of real community building. Given the amount of $ raised, it's the least the project and founders can do. Leave your offices for once, go to some of the events, spend a tiny bit on a booth and meet people in the industry. I've been to how many events and I've seen zero output from the project there. The one time, the co-founder of HYCHAIN was at Dubai 2049, which was a good show. Ark and Temp have been absent for 3 years. Come one guys, do better than this. My last comment is the team promised the Hytopia alpha back in May. They used the hype of this alpha to raised millions in node money, money that is essentially paying for the entire development. They did the raise, but then the alpha was suddenly postponed and the game engine scrapped due to performance issues. The entire engine needed to be rewritten in rust, new coders found. A complete reset. Fair. BUT I find it hard to believe the team did not know prior to the mint that they could not meet those dates but allowed the hype to continue to raise money. It was dishonest way to raise and there is no way the team did not understand this. It came off as a bait and switch move to raise $ This is disingenuous and for me that marked the end of my support. It's moves like this that make the community feel like customers who are extracted from. And seeing the most recent pivot, scrapping the Minecraft launcher after 3 years of development to go ahead completely build something new showcases that years of funding and effort were wasted. Why does it take years and millions of wasted funds to figure this out? I'm glad things can be cranked out faster now without any legacy baggage. But seeing these kind of complete 180 pivots multiple times is exhausting. Finally. I choose to buy in, I choose to hold. That's on me and I had multiple opportunities to leave at the beginning. I chose to stay in, this is on me. Yes, I was banking on the narrative and the team's roadmaps, which radically shifted. But I stayed around. I drank the cool aid, believed in the vision, danced on the narrative. I still think the vision is legit and Istil l want to see it. The team is trying to build out the game and a good one. I disagree with all the takes the team have rugged. That's not at all the case. They have a hard thing with rampant token inflation, no token sinks, and a scattered ecosystem that need to be addressed. I also think in a gaming run AND something shipped out there over 2025 with a working token economy, $TOPIA is a very good bet for multiples. So I'm still bullish on the overall vision and the team's work ethic. The failures have been more to do with the poor communication by the team and the failed web3 strategy (so far). But things can turn around there, if the founders decide to signal there are going to plow value back to the NFTs that made this whole project exciting to begin with and figure out a way where those NFTs directly share in the economic success of the project (revenue sharing, token sinks in game/games given back to worlds, etc) then I'll switch bullish again on the ecosystem. Regardless, I have 600+ nodes and accrue a good amount of TOPIA per month even with no worlds. So I still have a significant stake and I don't feel inclined to sell my nodes. I won't touch any of the NFT assets again here ever (outside of holding my nodes), but I still want them to succeed, even if this investment was broadly a failure for me, or I was too poor of a trader to capitalize on the hype to exit. That's my final say on this topic and I'm not going to comment here. I'm a passive investor holding nodes. It's up to the team to deliver for their community at this point. I think they can do it personally.













