Sad to see a pioneer project heading insolvent. This is one of the first projects I spent most time when entering crypto. 

#Thorchain is not an ordinary project, it makes no sense for most ppl and till this day I still think only small group of ppl really understand its economic design.

At first I thought all blockchain projects are as complicated as @THORChain, apparently its not.

The level of complexity is not welcoming new comer and its not fit in the mainstream narrative of this cycle. Superficially IMHO its

- not enough marketing in last cycle
- too complicated for this cycle
#Thorchain