I've been doing a bad job recently with regard to transparency, public trust, and community alignment. That’s on me. It’s been greatly requested that we provide more transparency related to our pending flywheel (FW). When Believe’s volume surged in May, I didn’t even know what a flywheel was. Honestly, we simply weren’t prepared to be one of the leading platforms in the space. I had to move fast and surround myself with people who had experience launching similar mechanisms at scale. Believe is now working with a team widely regarded as the best in the space for this kind of work (we’re intentionally not naming them here). To launch a flywheel in a compliant way, a specific corporate structure is required. Setting up that structure involves several prerequisites that are being expedited as much as possible. We’re now in the final innings of the process. If I knew what I know now, candidly we would have waited to launch a coin, so that we could have a FW from Day 1. I know that this has been a painfully long experience for our community and that we’ve been very poor on communication. I apologize for that. The lack of communication has damaged the trust that people have placed in us. It is on us to earn your trust back, and it will take time to do so. Once our flywheel is live, I believe it will set the gold standard for what’s expected from crypto projects. Every project with a live coin should have an attached flywheel—it’s the obvious future. Thanks to all for the input so far. We’re still so early.

I've loaded a wallet with some SOL to support projects in the Believe ecosystem! Here is the wallet address for full transparency: DjAfkjAV7qD6U2qjjU5RdcuzXwdk1gF3CtiWwGZc8pxJ What coin should I buy first?

Very excited to see what breakthrough app spawns from this event! See you in NYC.

I’m hearing your feedback and I want to focus more on supporting our community. I’m going to be picking a few projects to start with and will be using my own personal funds to support them. One of my main focus from now on will be to spotlight our best creators and help them succeed.

Believe is playing the long game: building with intention, attracting real builders, and standing as a pillar of integrity in a space where that’s still rare.

100% of platform fees to a flywheel?

Soon, every startup will launch a coin.

Congratulations to @a1lon9 and the Pump team on their upcoming coin launch. Pump paved the way for this entire space and I wish them continuous success!

Internet capital markets are the future of Solana.

Patience is bitter but its fruit is sweet. So true!