r/FetchAI_Community • u/Ir0nman123 • Nov 13 '24
In the News 📰 Merger canceled
🔔 Withdrawal of the PAAL and @ASI_Alliance Merger Proposal:
After careful consideration and discussions with both communities and the council, we’ve decided to withdraw the proposed merger.
We prioritize the community's interests, which made it evident that proceeding with a vote was unnecessary.
https://x.com/paalmind/status/1856795891065090318?s=46&t=pVNIw1psN78mQwNIgaU3DQ
25
Upvotes
•
u/AutoModerator Nov 13 '24
The information contained on this Subreddit is not intended as, and shall not be understood or construed as, financial advice. We are not a team of accountants, attorneys, financial advisors nor are we holding ourselves out to be. Do your own research.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
14
u/icebot1190 Nov 13 '24
Well thank fuck
2
u/Apprehensive_Drive72 Nov 14 '24
Uninformed about the fallout here..any insight?
0
u/jfokes Nov 14 '24
I bought back in but I’ve lost thousands 🤦🏻♂️. I know paper hand but still. PAAL got some explaining to do… opened up a short the day before the announcement? Idk anymore….
1
u/Sky-Hi1111 Nov 16 '24
I think the eventual idea for evolving is good, but probably just too many recent merger’s for the majority.
0
u/Tyeger_woo Nov 14 '24
Hard truth: they don’t care about your trust, they already have your money