<aside> 📢 Hi everyone,

Over the past few days, we’ve received a lot of feedback. We have decided to wind down the Rakkudos project and issue a refund to holders of Rakkudos NFTs. This was an extremely difficult decision to make, however we believe this is in the best interests of the Rakkudos community and every Rakkudos NFT holder.

How we got here

Unfortunately, the significant and continued downturn in the crypto markets which began last August has made it difficult for us to fulfill our mission. Further, the repeated requests we’ve received to create products exclusively designed for individuals is simply not economically feasible or sustainable in the long term.

What this means

Holders of Rakkudos NFTs - We will be issuing refunds to holders of Rakkudos NFTs for anyone who wishes to get a refund. The refund amount is the original mint price of 3.15 SOL per Rakkudo NFT. To get a refund you can send your Rakkudo NFT to AeWVUogBERrXeJkeY9AdCxusvBgVf65eWuxvmPmgzZ9T and we will send 3.15 SOL back to the wallet address which your returned Rakkudos NFT originated from, within 4 weeks from the date we receive your Rakkudos NFT. You will have until February 28, 2023 to request a refund. No refund requests will be honored for any Rakkudos NFTs received after this date.

Existing customers - Shakudo customers who rely on Rakkudos / PreKUDOS to cover their node costs with us will be contacted by our customer support team to discuss alternatives. We will maintain our current product offerings and find a resolution in terms of deals and payments.

PreKUDOS - You will still be able to redeem your existing PreKUDOS for Shakudo product credits by opening a ticket in discord or emailing [email protected]. PreKUDOS redemption will remain active until December 31st, 2023, after which no redemption requests will be honored. We will be discontinuing the PreKUDOS emission as of today.

Referral System - We’ve received numerous feedback from holders that the current referral system can and should exist without an NFT. As a result, we’ve decided to keep the referral system open to anyone. This means you will still be able to earn rewards from referring a customer under the existing terms and conditions, except that no Rakkudos NFT will be required in connection with any referral. These changes will be reflected in a re-launch of the referral program which is expected to occur in the near future. Please stay tuned to our social media channels and website in order to receive updates about the re-launch of the referral program.

Twitter account - We will be shutting down the Rakkudos Twitter account. The account will not be managed anymore so please do not try to send DMs through Twitter as we will not be monitoring it.

Discord - We will only keep this announcement channel and ticketing system active. You will still be able to redeem PreKUDOS through tickets.

In Conclusion

We want to thank the entire community for your support and patience over the last several months as the entire ecosystem navigated significant changes. Our decision to make the changes reflected in today’s announcement has been very tough to make but also necessary. It is disappointing, however we believe this is in the best interest of each Rakkudos NFT holder as it will allow our current holders to find a resolution and will allow Shakudo to continue to strive toward its mission and offer the best support to our customers.

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