gwoven first I'd like to say a big Thank You to all the BFB supporters who participated in our token presale in the first 24 hours. launches are always times of great excitement - to 5k people who, over the span of 2 months, played BFB on Initia testnet, making us the 2nd most used interwoven rollup before the mainnet launch, with more than 300 average daily users, and 120k daily txs. we even became the top 3 most used rollup on Celestia's testnet, thanks to all of you with this strong and growing traction, after doing the ecosystem-wide initiatives like Interwoven: Assemble!, The Garden Hunt and The Path of Kings, we thought that both us, the team who've made BFB, and the product itself, are ready to hit the mainnet. BFB's economic model was something we developed throughout nearly 3 years of thinking and iterating on sustainable crypto gaming economic models. we truly believe that we've solved the long-standing problem of crypto games and their sustainability. BFB is meant to economically work and provide the yield for the winners no matter the price of the token. Which I think is great, and innovative. It took us 2 years to create the art, more than 500+ interworking smart contracts, and overcome hundreds of crypto infra limitations to get BFB world up and running, achieving our founding dreams. as the team we've been through ups and downs, grinding through the bear market, side jobs, and constant rejections, to, after all this struggle, finally get BFB ready for the mainnet. and whatever happens next in terms of the BFB token sale, we are grateful for this journey, and happy that you are here with us. I've seen so many genuinely happy reactions from many of you, when playing BFB. we truly believe we have something really special here. not just the "next low quality" crypto game, but the product of deep love for crypto industry, cypherpunk values, and the craft of game making. we've seen so many of you enjoy our characters, lore, and the vibes as a community. thank you for that. now, addressing the presale specifically: demand for our BFB token offering at 1M FDV, despite many positive voices from the community before it, has been lower than anticipated. since day 1 we've always strived for the token distribution structure that matches our values: get the great product people enjoy and find the initial signs of product-market fit (which we thought we had due to our testnet activity numbers), offer it at the meme-like FDV, provide part of it towards the healthy LP position on a DEX, so the secondary trading post-sale can be easily facilitated, and raise only what we really need to improve the BFB further. with the same love and care we put into the game over the past 2 years. moving forward, we'd like to keep our promises. we won't be changing the rules of the BFB token distribution. the sale will proceed as announced and described many times before. - presale ends on 1PM UTC 07/05/25 - public sale will start a day after that. all the unsold tokens will be allocated towards the public sale, as announced before. - public sale works like the continuous auction, where people with the INIT on Initia L1 can buy in at the price they think is best for their entry into the project. - again, as announced before, significant proceeds of the public sale will go towards establishing BFB/INIT LP on Initia L1's native DEX. we won't be stating the exact number, because there is no way for us to know how the public sale goes. - btw. if you want to farm VIP rewards in BFB, we only take 5% of the total VIP rewards allocated towards our rollup, not 20% like many of the other teams do. - public sale will be the chance for anybody to be the early adopter of BFB game will be live with VIP farming shortly after the public sale