Insolar is closing, but there is a new opportunity for Insolar’s community

Throughout all spheres of business, a company which is able to raise initial capital but is not able to get adoption quickly is set to struggle. This is highlighted by the fact that 90% of startups fail. Unfortunately, this is the case with Insolar. Over three years after we raised the initial funding for the project, we regret to announce lack of adoption and the project closure. But there is a new opportunity for Insolar’s community and the way to preserve the value of XNS coins.