️ After the events of last week, we want to share an update on the affected projects with the community️. Proteus.

16 May 2022, 20:00

⚡️ After the events of last week, we want to share an update on the affected projects with the community⚡️ Proteus - The $UST funds are still with Thorstarter locked in the IDO contract - We got confirmation this morning that the other IDO platforms will be refunding their respective communities - There are 2 options as a path forward; 1) Refund the participants $UST (the current price is $0.0979) , 2) wait until a potential proposal path forward with Luna is confirmed, there may be a snapshot for $UST holders getting reimbursed in the future - We will be adding a Poll in the #Govenance channel to get the community input, we will ping everyone when its live KOLnet - TGE was originally delayed because of them adding an additional IDO - The other IDO platform has advised them not to run the sale with current market conditions (not confident they can fill it) - The Exchanges partnering to list $KOL have advised them not to list at this time . - We will continue to stay in communication with KOLnet and provide updates as they come. KOLnet wants to emphasize that it is not that they can't get a listing or they couldn't launch right now, but doing so is incredibly risky and not in anyone's best interest - They continue to make progress towards their live product and expect to be launching the first Initial Marketing Offering (KOLnets main product) in July. - They have been onboarding increasing numbers of flagship KOLs in preparation for launch an to talk about the token Thorstarter Shields - Confirmed with MintDao that they were able to save enough of the treasury to startup on a new chain. - They are reviewing on best options for migration and will advise on progress. - If they are able to move chains successfully, they can snapshot the Shield NFT status and mint on the new chain. - We will continue to stay in communication with MintDao and provide updates as they come. Luart - No update to share at this time from their team - We will continue to stay in communication with Luart and provide updates as they come Onto some positive news Maya - Maya will continue to publish their Whitepaper with more info on how Thorstarter will benefit - Maya has already developed an "Aztech" chain which is able to run Terra projects with very minimal coding changes, this provides a massive opportunity to onboard Terra projects, market and brainpower. Thorstarter - We will use this time to focus on on core product through app upgrades, website improvements, and documentation updates. - The Forge rewards explainer doc is coming soon (in approval stage) - As an adaptable team, we will also look into other avenues where Thorstarter can enter to benefit Forge/Tiers members (ie Running nodes, etc) - We encourage the community to offer suggestions and discuss ideas for products and services which can benefit the community. This is truly an unprecedented event in crypto due to the sheer magnitude. Throughout this, Thorstarter remains focused on providing access to the best projects in a capacity which benefits the community & attracts top quality partners. We remain a multichain platform giving us flexibility to change and adapt to the fluid circumstances ahead. Thanks everyone

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ThorstarterXRUNE #1705

17 May 2022, 17:18

⚡️ Forge Rewards - Detailed Look⚡️ With the first Forge IDO TGEs delayed due to Terra market conditions, we want to take the time to dive into the workings of Forge Rewards. The article will help explain some lingering questions and give a better insight into how the rewards are generated, when they are dispersed, who is eligible and more. Read on below for a closer look into the Forge Reward Mechanism 👇 📕 : - Skal 🍻

️ Forge Rewards - Detailed Look️.