The @ranger_finance team has decided to cap the raise at $8M
This sets the initial price at $0.8 and the initial FDV to $20.5M
The launch received ~$86.39M in commitments. ~$80.84M from non-points holders who can expect a refund of ~92.9% of their committed USDC
Live in 1 hour
an update on HNT buybacks: the market doesn’t seem to care about projects buying their tokens back off the market, so we are going to stop wasting our money under the current conditions
Helium + Mobile generated $3.4M in October alone and I’d rather we use that money to grow the business than pour it into a hole. we’re fully focused on growing @helium_mobile subscribers, the @helium network installed base, and growing carrier offload usage and will be directing all our $ in to those endeavors until morale improves
data credits will continue to be burned for all carrier offload as always. thank you for your attention to this matter!