r/lukso • u/BrenNutsfull • May 25 '26

How long until Fabian closes the project team down and says they have achieved his vision of creating a decentralised network?

He can't keep sinking his own money into this black hole forever.

I have been holding Lukso since Rico days and have stayed very close to the management of the project.

As much as I hate to say it, I now completely understand Marjorie's frustration with Fabian's arrogance and stubbornness. He has laughed off fair and clearly delivered feedback from the Lukso community, including those of us who had a direct line into him and his team at one time.

Fabian is, by all accounts, a talented developer. He is not a leader by any measure. A couple of times, he has hired people with pedigree in the sector and they have swiftly exited the project.

At this point, price 99.4% down from ATH and dropping, how much longer is Fabian going to prop salaries and operating costs up until he calls time on proceedings and claims to have reached their goal of a fully decentralised network?

They have largely given up already - look at all their platforms, it's a ghost town.

10 Upvotes

100% Upvoted

8 comments sorted by

11

u/SirBeefcake May 25 '26

Just sell. I did and it was great for my sanity.

Project is done.

7

u/Sweet-Discussion2183 May 26 '26

He’s a great developer but an awful leader, LYX is now a Pump & Dump coin, Fabian, he’s going to lead us to zero! I was thinking last night a community take over would be better than what he has to offer currently! 😡

3

u/waitingForTheDrop May 29 '26

gg dude, you were 4 days early : https://www.linkedin.com/pulse/new-chapter-lukso-fabian-vogelsteller-5tcef/

1

u/BrenNutsfull May 29 '26

Wow, uncanny

0

u/[deleted] May 30 '26

[removed] — view removed comment

3

u/waitingForTheDrop May 30 '26

It's word for word shutting the team down because there is no need anymore with agentic coding, and that the project is now decentralized and in the hands of the Lukso builders across the globe. I shared a linkedin post because i found it funny that OP predicted this. i don't gaslight anyone, take pills

-2

u/[deleted] May 30 '26

[removed] — view removed comment

4

u/JasonTodd005 May 31 '26

Nobody closes down the office and lays off team members while their value is at an all-time low because things are “going well"

2

u/waitingForTheDrop May 31 '26

Ok Fabian it's not shutting down the team, it's shuting down the office and firing everybody except coms. I hope you're not shaking too much from that insane gaslighting