We owe this community an unvarnished account. Here it is, entry by entry.
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We Did Not Defend The Price
As one of the earliest node and DePIN projects in this space, we helped define a category - and then watched our token bleed for years. The honest entry: the team probably did not do enough to conserve the token's price. Our attention went to the network; the token's health was left to fend for itself, and it showed.
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Our Home Chain Struggled
The second entry is external but real: the poor performance of Polygon fed the continuous fall. A DePIN token anchored to a struggling chain does not get to stand still.
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The Fresh Start
MYST has been relaunched on the Ethereum chain - the network where DePIN narratives actually get priced. And to everyone who lost value holding the old token: we have set an allocation of 30 percent of the total amount you initially invested into this project.