To the Space Nation Community, and to Everyone Who Has Supported Us:
Yesterday, we received the news that OIK has been delisted from Binance Alpha.
I do not want to hide behind PR language, nor do I want to use grand words to make this moment sound less painful than it is. This is a heavy blow — to the project, to the community, and to everyone who once placed their trust, expectations, and hope in us.
As a founder, I owe you a sincere apology.
Over the past years, we set out to build something extremely difficult: not just a game, but a living virtual universe with a real economy, real players, real assets, and a community that could grow with it. We believed deeply in the future of Web3 MMORPGs. We still believe that virtual worlds with functioning economies, social relationships, and long-term digital ownership will matter greatly in the future.
But belief does not excuse mistakes.
We entered the Web3 secondary market with too little experience and too much idealism. We tried to face a brutal financial environment with the mindset of game builders. We underestimated how quickly the market could change, how unforgiving liquidity could become, and how harsh the “dark forest” of Web3 truly is.
We made wrong judgments. We paid an extremely expensive tuition — more than once.
For that, I take responsibility.
For a long time, we tried to hold our position and buy ourselves enough time. Our hope was to push Space Nation further toward a stronger Web2-facing version, generate real revenue from real players, and gradually rebuild value back into the ecosystem through actual business progress.
Over the past 15 months, we tried many things. Some were visible. Many were not. Unfortunately, the results were not enough to reverse the situation.
But I want to say this clearly:
Space Nation has not been abandoned.
The game has not been cancelled.
Tony, the remaining team, and I have not given up.
What has changed is the reality we must now face.
The team has been reduced to its minimum operating size. Our resources are limited. The company has been under extreme financial pressure for more than a year. At this point, we cannot expose the company and the remaining team to a destructive level of risk. That would not be courage. That would be irresponsibility.
So we have made a painful but necessary strategic adjustment:
First survive. Then rebuild.
Our current focus is to preserve the team, preserve the IP, preserve the technology and content we have built, and preserve the possibility that Space Nation can continue in a new form.
We are continuing to explore the PC/Web2 version and mobile possibilities. We are also looking at IP collaborations, transmedia opportunities, ecosystem expansion, and potential cross-product asset integrations with external partners.
At the same time, Tony and I are exploring new opportunities in the AI era. We are carefully considering whether some of these explorations can help Space Nation evolve, restructure, or find new forms of relevance in the future. But we will not use AI, or any new narrative, as a way to avoid the hard truth of where we are today.
We cannot make empty promises.
But we can promise this: we will do everything we realistically can to seek future use cases, integrations, and value scenarios for the world, assets, technology, and community that Space Nation has built.
Space Nation’s setback in the secondary market does not erase the game we built. It does not erase the universe we imagined, the code that exists, the content created, or the players who once flew with us.
Stripped of the financial halo, what remains is still real: a group of game builders, a world we spent years creating, and a community that made this journey possible.
The worst moment may have arrived. From here, every step must be more honest, more pragmatic, and more grounded than before.
We will no longer try to win with narratives alone.
We will rebuild with product, with content, with revenue, with partnerships, and with time.
To everyone who supported us, believed in us, criticized us, waited for us, or stood with us in the darkest moments — thank you.
I am sorry for the pain and disappointment.
And I am still here.
We will keep building, even if the road ahead is slower, harder, and humbler than we once imagined.
Our destination remains the stars.
Jerome
Space Nation