Hello participants.
11 May 2023, 11:47
Hello participants!
We have been observing with a heavy heart the continuous decline of KTK price, which has been a source of concern for our foundation. In reality, the price of KTK, which everyone assumed was worth $1, has been maintained because we accepted all KTK tokens. However, every time we engage in revenue-generating activities such as NFT sales, pre-sales, and event sales, we face overwhelming opposition and criticism, resulting in all of our efforts being in vain. In fact, this situation has made us realize that as long as our foundation does not have millions of dollars to donate to the market, we may face similar situations if we continue to encounter opposition when attempting to generate revenue.
Although many of our participants have stated that the ecosystem must be sustained by the participants themselves, the current situation has proven that the foundation needs to defend the price of KTK for a while. We have always maintained the value of KTK at or above $1 to fulfill all of our promises, and we will continue to do so.
However, the reason why we find it difficult to restore the price of KTK to $1 right now is that we attempted to do so a few days ago, but failed because the moment we tried to buy back KTK, people immediately sold it.
Therefore, our internal decision is to speed up the expansion of the ecosystem after updating our content in the next few weeks, and to restore the price of KTK with the expansion of the ecosystem and the launch of additional content.
Currently, our foundation is receiving countless criticisms and threats.
However, we are conserving our speech in the community not to make excuses or evade responsibility but to prove the process and the result as we always promised.
We will take action as soon as possible, and we want to emphasize that this project is not a short-term one.
Our foundation will continue to work hard in silence to produce results.
Thank you.