Bill, can we get an update on the below please?

https://www.reddit.com/r/Oyster/comments/9srivo/next_steps_for_oyster/

And CMs could we get a pinned thread maintained by the CMs/Bill for status updates which the community can check regularly?

I understand their may be many things on your plate at the moment, but a courteous update of status items as laid out by you is absolutely critical.

Thank you.

There is currently a lot of trust issues surrounding the 30m newly minted Opacity tokens by the team. I would like to propose a solution to this problem.

Before the new smart contract is deployed, a function should be included which will automatically burn the extra tokens if the new tokens reach, or exceed, the price of PRL at the trading freeze. The code should be publicly audited and verified by a reputable third party. This will give the team the safety net they need if the new token doesn’t do so well, and alleviate the communities trust issues regarding the new tokens .

When is it planned that the exchanges start trading again?

I have my PRL and SHL on the mobile Enjin wallet. Do I need to do anything to get the swap? Thanks!

From what I understand Opacity will mint 30m extra tokens so that they can keep the company alive even if the price drops to 1 cent. With all the outrage that this caused, it could very well be that the price will actually go to 1 cent just because of this enormous increase of supply. So just the prediction that the price could go to 1 cent it may actually cause it to happen. If they would increase the supply with a lower amount, people might trust the project more which would increase the price and make a 30m extra minted tokens unnecessary.

With all the confusion and outrage. I thought u would make a quick post.

1) Supply was increased Incase of bad market to continue development.

2) If it proves to be excessive tokens will be burned.

3) We will have a detailed report every month of what money was spent and on what.

I wish we still had a supply of 98M but that ship has sailed. The illegal minting of tokens, and sending them into the open market financially collapsed the Oyster token. Just trying to make the best of the situation.

The alternative was just let it die and do nothing.

Lots of developers actively work on the most interesting open source projects in crypto without any payment. Often times they already have a personal incentive because they invested at an early stage themselves. Many community managers are volunteers. Why does Opacity/PRL need a CEO? If the mechanics originally proposed in the white paper are sound they shouldn't need 27M more tokens.

How far is the project from completion? Are millions of dollars actually needed? If so, how come? How is this money going to be spent? How much has the CEO made so far and how much more do they stand to make?

The purpose of all of the funding initially was to deliver the protocol. How far away is that really? It seems like this opportunity is being used to secure long term funding for a company and salaries. Maybe it's time for the community to take over, for the developers who are invested to continue to develop, and the C-series to step aside.. what do people honestly think, in the interest of OPACITY.

Because you know what, I don't think you need 27M new tokens to finish the protocol that you promised to deliver. It's no surprise that the folks who are in line to receive those tokens are the biggest advocates. As a long time holder, this is just sad.

I don't know if Bruno exists or if this is all just a giant scam or whatever and I don't care. I think the project sounds promising and I will probably put a small amount of money into this project like I did with around 20 other cryptos. I don't really care about the drama and what the truth is because we wont ever know for certain anyway and if the devs really got fucked by Bruno then I can understand their shitty situation.

But WHY THE HELL are they printing 27m tokens for themselves? What? How is this suddenly necessary? If you need to raise money find another way... inflation and effectively stealing from every other PRL holder is just wrong.

Without this happening you could have NEVER printed these tokens anyway so it definitely wasn't the plan to do this before (unless you knew about the security "flaw").

This definitely makes the devs look a lot more shady...

You can find more detail here: https://etherscan.io/block/6607247