Nieu.

Hey everyone, It's been months since our last post, and that's way too long. We've seen your messages asking what's going on, and we know some of you are pretty upset. We get it. If you've been wondering whether we're still around... Yes, we are. And we owe you an explanation. We started in 2022 with a single tool to create NFTs on Hedera. Then came the rest of the NFT Toolkit and the self-service Launchpad (the first on Hedera!), the two products most people know Kabila for. From there we kept building: a marketplace, a wallet, and Plazas for token-gated communities. Since then, more than 500 projects have launched with Kabila, and creators have minted hundreds of thousands of NFTs on their own. For a small team, that's something we're really proud of. The last year has been hard. The crypto market, and NFTs in particular, didn't evolve the way we, and a lot of people in this space, expected, and our revenue took a big hit. Platform fees have never fully covered what it costs to run Kabila, and running a platform like this with a development team behind it has real costs every month. So we had to find other ways to fund the company and keep Kabila alive, mainly by building software and AI solutions for other clients. That ended up taking almost all of our time and focus. While we were doing that, we stopped posting and stopped keeping you in the loop. That was a mistake, and we're sorry. So far, that work is paying off. We've been able to keep the company going, and we're working on other projects to make it more stable over time. Kabila never shut down during all this. We kept the servers running and kept answering support. Everything at kabila.app still works, and every week creators are still using the Toolkit and the Launchpad to mint and manage their NFT collections. For those of you who've been asking about token and NFT utility: $KBL: So far, the live utility has been the 50% discount on Launchpad fees for creators who choose to launch with $KBL. We're now working on adding the final utilities inside the platform, built around creators and the people who use Kabila regularly. KES and SIWAS: As most of you know, both collections have already delivered several benefits and utilities within the Kabila ecosystem. Next, we'll share a clear summary of their utility going forward, centered on Kabila's NFT tools. We'll share more on both as soon as the platform updates are finished. Going forward, our focus is on what Kabila does best: NFT tools for creators and communities on Hedera. And we still have plenty of ideas for the Toolkit and the Launchpad: better features, a smoother experience, and some AI-powered tools we're excited about. We'll announce them when they're ready, not before. We're not going anywhere. We'll keep helping NFT creators around the world launch their projects and build their communities with Kabila, on Hedera. Thanks to everyone who's stuck with us through the good and (especially) the bad times. More soon. - The Kabila Team