Morningstar Ventures Calls for Refunds and Transparency Regarding the Space Project
PANews, January 23 – Space investment institution Morningstar Ventures has issued a statement urging the Space team to prioritize the interests of the community and public sale participants. They also requested that, as previously promised, a refund claim page be launched on January 27, with at least 50% of the raised funds to be refunded, allowing all public sale users to opt for a partial refund. Additionally, they called for disclosure of fund usage, current balance, and future roadmap, clarifying that they are not the lead investor in Space but only made a small investment. They are pushing the team to refund as much as possible and to release the first public version of the product on schedule.
It was reported yesterday that Space responded to the community's concerns regarding fundraising amounts and refund transparency, deciding to return $7.3 million in excess funds
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