We’re bankrupting NOSHIT Coin, but continuing the NOSHIT project

NOSHIT
2 min readFeb 28, 2023

Dear NOSHIT Community,

It is with great regret that we must inform you that we have decided to bankrupt the current version of NOSHIT coin. Despite our best efforts, we have faced insurmountable financial challenges, and it is no longer possible for us to sustain the coin in current market conditions. We understand that this news may be disappointing and upsetting for many of you, and we want to assure you that we share in your sadness and frustration.

However, we want to emphasize that this is not the end of NOSHIT. We remain committed to the project, and we are already making plans to launch a new version of the coin in the beginning of 2024.

We had originally planned to migrate existing users to the new contract, but given the current situation, we have decided it is best to bankrupt the existing coin and start fresh with the new version.

We believe that this new version will have a stronger foundation and better prospects for success.

As part of the launch of the new coin, we will invite all of our supporters to be a part of it. We also plan to introduce incentives to reward those who supported us in the past, as a way of expressing our gratitude.

In the meantime, we invite all NOSHIT coin holders to sell their coins before we drain liquidity to cover our debts and obligations. We understand that this may result in losses for some of you, and we apologize for any inconvenience this may cause. Hopefully by investing these funds elsewhere you might be able to ease your losses.

Despite this setback, we remain committed to our presented plans. We will continue to work towards finishing and launching the Shit Checker, and we will also hold token reviews on Twitter Spaces, as well as podcasts on YouTube and other social media platforms. We will provide regular mission updates, during the review and podcast.

We are deeply grateful for the support and understanding of our community, and we look forward to continuing to work together towards a brighter future for NOSHIT.

Sincerely,
The NOSHIT Team

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NOSHIT

Educative token-review platform aiming to make the crypto-world more comprehendible and less shitty. 🌅NFT’s, 🕹dApp games & 💐Rewards!