🤗Parachute x 🪙 Xircus Official Statement

GM Fam,

In this post, we want to address why we decided to postpone the TGE date yesterday. Please read it carefully to have a full overview. ⤵️

We know that many of you - who have been with us through thick and thin thus far - are disappointed and we do understand your frustration. Again, those who are closely associated with the team working tirelessly to bring the best, we thank you for your support as you know it all and are better positioned to articulate why we took this collective decision in full cognizance of probable consequences.

First and foremost, we want to humbly acknowledge the mistake we made with our overly optimistic approach to development and timelines. Together with Xircus - the team responsible for delivering our app, we overestimated the time required to ensure a seamless experience for you. While we believed until the very last moment that we'd manage to launch on time, some unexpected factors arose that ultimately made it impossible to deliver a fully functional product on schedule.

The app we’re building together with Xircus is truly unique—there’s nothing else like it on the market. Through it, you’ll not only be able to participate in launches but also farm airdrops and exchange them in one place. Our long-term vision remains unchanged, and we’re confident in its strength and solid foundations. In fact, aside from Parachute, there is no other project on the TON working with as many collaborators or distributing as many airdrops to its community. This is no accident, fam.

What’s more, our partner - Xircus is also a project trusted by the Ton Foundation and giants like Hashkey, who, just like us, strongly believe in their vision of no-code solutions for all Telegram Mini Apps. Allowing all to launch TMA in minutes is a bold vision. We're proud to be the part of their xGems incubator, and excited to be one of the first projects to use it. However, being at the forefront means that some challenges might arise along the way. Rome wasn’t built in a day, and if you want to reach the top, you sometimes have to stumble along the way.

We fully believe that what doesn’t kill us only makes us stronger. So, we’ll be back in 2025 with more experience and stronger than ever. We’ll also return with a special gift for you. Given the New Year’s period, we ask for 2-3 more days to finalize the exact TGE date, ensuring that this time, it will be absolutely accurate.

May this last day of the year be exceptional for all of you.

Wishing you all the best! 🙏

Xircus & Parachute Team