Respect to the whole @sendaifun team for this move. Ending $SEND on such a strong note after $1B+ volume, 35+ real products, and legit impact on Solana shows real maturity. Pivoting hard into pure AI x crypto with a clean slate and rewarding the believers through that loyal card burn is actually thoughtful. The vision for generative financial instruments sounds massive. Can't wait for the next chapter, tons of announcements incoming 👀 send it one last time 🚀🫡
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PSA: we’re sunsetting $send coin and starting a new chapter!
tldr: send as a token will no longer be a core token for any products and you can burn send to reserve any future allocation [deadline: 31st jan, 2026]
burn: https://t.co/LTQkoYCfh8
@sendaifun will continue to be an applied ai lab & my 100% focus
more on why & what:
last year in july’24, we ICO’d/fair launched send at $500k market cap on @MeteoraAG to grow “blinks” ecosystem
but over time as blinks faded, the vision evolved to become an ecosystem token and we built 35+ products & brands in last 1 year on @solana
we're proud of the impact we made across ai, consumer, and gaming ecosystem
but why sunset token?
over the last 6-8 months, i gained interesting insights on what we only wanna focus on for the next 3-5 years (ai x crypto)
our vision became 100x as we go for category-creation and a fresh capital structure is needed for that
token is a product and it leads to distraction (short-term narrative chasing) and with now a much long-term &
Had some questions about the SEND treasury, here is the info straight from the team.
Now about 18m USD of treasury assets.
$SEND Token
Funding Rounds: https://t.co/UBBB0E450w
Token Emissions: https://t.co/QgZ0yBsAnr
Treasury: https://t.co/ysXHuhqUNb
Pretty transparent.
Now about 18m in treasury assets.
$SEND Token
Funding Rounds: https://t.co/UBBB0E450w
Token Emissions: https://t.co/QgZ0yBsAnr
Treasury: https://t.co/ysXHuhqUNb
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