đȘ Facts matter. Execution speaks louder than rumors. Read the full statement from our CEO on recent community concerns.
đ Over the past days, Iâve seen a wave of misinformation and negativity directed at our team, our work, and myself personally. In a market already defined by challenges, itâs disappointing to watch parts of the community choose speculation over facts. Let me address this directly, point by point, so there is no room for confusion.
1ïžâŁ Microleaves: Years ago, one of my companies experienced a breach discovered by a security researcher. It was quickly fixed, and there was never any exploit or malicious action on my side. Our group of companies has been on the market for 17+ years, serving Fortune 500 clients for over a decade. If this was how we ran business, we wouldnât be here today. Facts matter.
2ïžâŁ Former Online project and ICO: Iâve spoken about this openly in X Spaces previously. It was a project where I personally lost money, and the biggest mistake of my career was raising investor funds for it. That will never happen again. I learned my lesson and since then, everything at Ice Open Network has been self-funded. Over $20M has been invested from our own resources since 2022. If anyone still believes this is a scam, then sell your coins â weâll continue building, doing buy-backs from treasury, and proving value through execution.
3ïžâŁ Liquidity: Moving assets between institutional accounts is standard practice across the crypto industry. Itâs a matter of treasury management and keeping funds safe, not âcash-outs.â Every major exchange, fund, and project does the same. Nothing here is illegal, unusual, or hidden â only misrepresented by those trying to spread FUD. We are deeply disappointed to see members of our own community, including people in the beta testers group who know exactly the stage the app is in, choose to spread FUD online instead of supporting the work being done.
4ïžâŁ The reality today: From starting with just a team of four, we are now 50+ builders with all progress publicly verifiable on GitHub. Weâre close to launching Online+, the most ambitious decentralized social product in this market. Most of our teamâs coins are locked for the next 4 years. Think logically â how would we ever âcash outâ without launching the very product that drives our ecosystem?
We welcome constructive criticism, but we reject baseless attacks. We are here for the long term, and the work speaks louder than rumors.
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