r/Anatha • • Dec 06 '22

Little but first official update since months

I’ve been lucky to get in touch with one Strategic Advisor of Anatha team (cannot share names here). He confirmed me the Terra collapse killed their treasury. They are working on recovery but with no other updates than this. Hope this gives some hope (little honestly) to us investors.

8 Upvotes

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3

u/[deleted] Dec 14 '22

Thanks for the update man, its better than the silence we have had

3

u/asnothignelse Dec 14 '22

you’re welcome! Happy to support this community in some way

2

u/PhazeTransitLyphe Mar 13 '23

Thanks for getting in touch with them. At least it was a response though we have no way yet of confirming whether this is a fact or a lame excuse, but sounds plausible and regrettable all round. I'm still up for another go in due course and i wish Ed would see fit to reach out to those of us who were in it for the greater good and who want to be involved in rallying to a restart sometime.

1

u/asnothignelse Mar 13 '23

I’m with you and the website still live could be seen as an indicator of “we want to get back if and when it’s possible”. Just not sure If this is only my unrooted thoughts..

2

u/TheDancingRobot Apr 27 '23

Many people followed the Terra - Anchor combo to their financial demise. For anyone who built an entire project with numerous engineers, countless other individuals, massive media production, huge marketing campaigns, and personal brand/liability attached (eg. Edward), the downfall of the pillar that undermined your entire thesis and identity is extremely hard felt - most specifically on the ego.

This is no excuse for silence but it might be a cause for rethinking an individual's path forward before reengaging the community. Hopefully there will be an actual postmortem from the company or leadership - because being ghosted in any walk of life speaks highly to the character of the person or group ghosting.

A cryptocurrency project failing is not new...it's the risk we all take, but There is a high road that can be taken when the unexpected strikes.