With a heavy heart, we must inform you that YOM will postpone its TGE and Listing event scheduled for Monday, 13th of March, at 12 UTC.
In the last 48 hours, we have seen several impactful market events in the USA. Two major financial institutions, Silvergate & Silicon Valley Bank, with a big following and exposure to the blockchain community, are facing liquidity issues. This event, combined with other market factors, has caused a turn of events that resulted in a sentiment that will cause our launch to not get the attention and traction it deserves.
This morning we consulted with our advisors, investors, exchange & launchpads. We are delighted with their support during this difficult decision. Together we are working towards a successful introduction of the YOM token. Our team has been counting the hours and was ready to unleash the YOM token to our community. Our team is hyper-focused on launching the YOM token as soon as possible. Our launch horizon is weeks rather than months.
We understand that this announcement will disappoint some in our community. Our team believes that this decision will benefit all stakeholders. In the next few days, we will organize AMAs, Twitter Spaces and be available on our Telegram and Discord channels.
Please keep an eye on our channels; throughout the following days we will post updates on our next steps.