Ape Terminal and MacnBTC Announce Resolution of Conflict

Ape Terminal and MacnBTC Announce Resolution of Conflict
Photo by Jigar Panchal / Unsplash

In a recent development, Ape Terminal issued a statement addressing the issues that arose during the sale of SatoshiVM, pointing to actions by a competing platform and an outsourcing firm as the root cause.

According to sources involved in the IDO (Initial DEX Offering) of the project, representatives of the competing platform disseminated false information, misleading the community. This revelation comes after a thorough investigation by the Ape Terminal team, who have been working diligently to uncover the truth behind the disruptions faced during the IDO.

In a significant turn of events, Ape Terminal has retracted all accusations against MacnBTC. The teams from both Ape Terminal and SatoshiVM held a meeting to resolve the dispute. This meeting was a crucial step towards understanding the complexities of the situation and finding a common ground for the future.

Furthermore, the Ape Terminal team acknowledged certain missteps in their handling of the IDO protocol. Specifically, the management had outsourced a significant portion of the project's operations to a third-party firm. This decision, in hindsight, was identified as a clear mistake, as the outsourcing center abused the trust placed in them by Ape Terminal. “We are currently exploring measures against them, in collaboration with MacnBTC,” a spokesperson from Ape Terminal stated, highlighting their commitment to addressing this issue and preventing similar occurrences in the future.

In response to these developments, representatives from both platforms emphasized plans for a technical reconstruction. This initiative aims to strengthen their systems and ensure that such disruptions do not recur. MacnBTC corroborated Ape Terminal's version of events and withdrew any allegations against them, expressing willingness to assist in the investigation.

A critical aspect of the conflict was the last-minute introduction of the SatoshiVM team to Ape Terminal, which led to some misunderstandings. However, with the recent discussions and collaborative efforts, both parties have worked towards clarifying these issues and setting a course for future cooperation.

In conclusion, this resolution marks a significant step in the cryptocurrency and blockchain community, highlighting the importance of transparency, collaboration, and effective communication. Both Ape Terminal and MacnBTC have demonstrated their commitment to these principles, paving the way for a more stable and trustworthy digital asset environment.