Dexter, the founder behind gm.ai and Whales Market, reached out to the community through the social media platform X, acknowledging numerous managerial and communication shortcomings that have adversely affected investors. Pledging to correct these missteps, he assumed complete responsibility and expressed his intent to regain investor trust.
What did Dexter admit?
In his address, Dexter conceded that gm.ai suffered from inefficient management, poor timing, and weak team communication. He emphasized the company’s dedication to bringing investors together, saying, “Today, we take responsibility and promise a path forward to unite our investors.”
Reflecting on past endeavors, Dexter reassured the community by revealing that all funds from previous projects were fully directed toward development. Team members showed their ethical commitment by refraining from selling their token shares and even reimbursing seed investors personally when projects did not pan out.
How will gm.ai address financial concerns?
Dexter addressed specific issues concerning gm.ai, clarifying that neither he nor his team withdrew pre-sale funds or engaged in deceptive schemes. To promote transparency, gm.ai plans to move the remaining pre-sale funds to a public wallet when compensation begins. More details on this initiative will be shared on Friday.
Concrete Conclusions from Dexter’s Address
Based on Dexter’s statements, several important actions and plans are clear:
- All collected funds have been used strictly for development purposes.
- The team is committed to ethical practices, even reimbursing seed investors when necessary.
- There’s a plan to enhance transparency by moving funds to a public wallet.
- An upcoming plan aims to offer partial refunds to GM token investors.
The community now awaits specific details of the compensation plan, looking for a clear and fair resolution to the issues faced by gm.ai. Dexter’s dedication to correcting past errors and laying out a transparent way forward marks a concerted effort to rebuild trust and stabilize the project’s prospects.
