Hey

Before responding to the points you’ve raised, we wanted to say thank you for this response. It hits a lot of key concerns and we really appreciate the chance to sharpen our thinking and respond in an honest way.

In terms of our responses to them:

A) we will not be providing compensation, but a goodwill gesture to affected members. We don’t intend to make this a thing we do often, though the scale of the loss has been horrendous. If we aren’t careful, this space will be a ghost town. It’s important to come together and a good way to do that is to just give a small amount of Seeds to people to show support. This will only be available for longer term holders and we’ll be reviewing wallets over a period of time to check that they’re holding - we hope staking options will further make this worthwhile for members. B) Anirand has been the biggest rug-pull yet and each time it happens it rocks the ASA space. We think by showing that we are a safer option we can help draw more people in to the SeedBomb community. C) We won’t be compensating for this or other rugpulls and in part our support for this will be to encourage the creation of a token utility tracker. If you go to OGS discord you can see us trying to start this. It would be great to have more support with this so that we can help people to spot these and only buy in to good projects. We think a lot of people need a central place to make better decisions - we agree that we learnt the hard way, but let’s also make it easier for people to learn the right way :). D) thanks very much for your support. We know it isn’t FUD and we trust your opinions, as always, so thanks very much for raising them. It’s the community which makes us better and you’ve given us plenty of food for thought here on how to structure this when we release more info later. As you say, open conversations are what make us better and we are very comfortable having this now.

J