Our Path Forward

It’s been quite a journey navigating through blockchains, tokens, and everything in between. While some may have questioned my actions or motives during that time, no one can truly understand the countless hours and effort I’ve dedicated to this project in hopes of building something valuable for the space, and the community that’s supported us from the beginning.

There were many times I could’ve stepped away when things got tough —but I didn’t. I pushed forward, believing we could still make something meaningful out of what we started. However, I now find myself at a crossroads as I am quite literally on my own with the task of building this token project and moving it forward. While the plan was to wait for the RWA side to grow, the wait became tough for the project, it became tough for the community and it became increasingly difficult for me to manage on my own – and that is not fair to any stakeholder involved.

For those wondering, Keven had recently stepped away from both the token and the business due to personal matters. Regardless, I kept pushing forward on both sides. I’ve continued working with the dev to push the token forward with the development of the P2E game – to bring something of substance to the community – while also handling business matters with lawyers, banks, stakeholders and others to manage Keven’s departure and our path forward. All this while still maintaining a full-time job and home life that reduced my own personal life to virtually nothing.

I reached out for help within the group and within other circles but unfortunately came up short – finding help is not free. I didn’t want to ask more from the community financially, especially after all the support you’ve already given, so that’s why I previously decided to continue funding development of the P2E game myself. But with the overall response and feedback for this addition, it was clear that without additional help, there was no way I would be able to make this successful on my own. I do believe in the idea, I just know that I can’t accomplish this on my own at this stage.

So I took a step back and reflected on what could be the best path forward with the community, and after some discussion with trusted friends and individuals in this space, I’ve made a decision I truly believe is in the best interest of all wPWR holders.

Transition to Master Key Finance (MKF)

The wPWR liquidity pool has been transferred and will now be absorbed by the Master Key Finance (MKF) project, led by Jay and his team. Over the years, we’ve built a strong relationship with MKF – they’ve been early supporters of MaxxChain and have consistently shown commitment to building in both the Web3 and RWA spaces. Their recent developments are especially promising, and rather than them expanding into our MaxxChain ecosystem, it is us who will now integrate into theirs.

All current wPWR holders will receive an airdrop of MKF tokens, proportionate to their holdings based on the LP that was provided to MKF. Unfortunately, our NFTs will no longer receive benefits under the MKF system, as our benefit plan does not fit into their tokenomics and reward mechanisms.

While this may feel like an unexpected pivot, it became clear to me that continuing alone wouldn’t produce better results than what you’ll gain through MKF. I encourage every holder to explore what MKF is building – they share the similar RWA-focused vision we had with PWR and Maxx Capital, and they’ve built a strong, regulatory-driven foundation that we can actually grow with.

This move doesn’t mean our original vision is abandoned. Quite the opposite – it gives me the opportunity to focus on continuing development at Maxx Capital while having full confidence that the token side is now in capable hands. And when the time is right for us to step into the Web3/DeFi side, MKF can be the perfect way for us to achieve that with their project setup.

BlockHaul Game Development

Development of the P2E game will also continue. I’ll be working with Jay and the MKF team to finished development and plan its release. Whether you supported the decision or not, it is one I spent my own funds on and look forward to seeing its completion and deployment – I do believe there is a lot of opportunity there. More details will be shared as soon as we have begun these discussions.

Next Steps

We will be holding a joint AMA with the MKF team next week (exact time and date TBA) to answer your questions and explain what’s next. The snapshot for the airdrop has already been taken, including all holdings in the Drip platform. Pending rewards have been proportionately split, and MKF will be handling the token distribution prior to the AMA.

A Final Request

Please remember that Jay and his team are extending an olive branch to us when they had absolutely no obligation to do so. They are taking on the risks of absorbing our LP and community – knowing full well that not everyone will be pleased with the decision. As much as I can try to convince you that this was the best move forward, I truly urge you to give MKF and their project a fair chance.

They’re very similar to what we originally thought to become, and in several ways, have made significantly more progress in a short amount of time – and this is entirely attributed to the well rounded and experience team behind the project. When joining their Telegram and other socials, please keep in mind that they’ve stepped up to support our community when we needed it most —and any frustration or ill will should not be directed at them. They are here to help us move forward.

I thank each and every one of you for your support and look forward to seeing our growth fuelled by MKF.

Date and time for the AMA, as well as the airdrop next week, coming soon.

– Nayan

Details on Master Key Finance

Master Key Finance – currently listed on the Binance Smart Chain – takes aim at the RWA market similar to our intended focus with MaxxChain.

In addition to holder rewards, MKF has also developed a peer-to-peer trading platform called PoRTAL, and uses a deflationary system that buys back and burns tokens to reduce supply and increase value over time.

One of MKF’s major upcoming initiatives is Project BlockOil, a real-world oil investing platform built on Web3. This platform allows anyone to invest in American oil wells by purchasing NFTs. These NFTs represent royalty rights and pay out directly in USDC or USDT based on the well’s production. The NFTs will range in price from $10 to $1,000, making it possible for anyone to participate, not just large investors. Each oil well typically produces for 12 to 18 years, meaning long-term passive income for NFT holders. MKF will take care of all U.S. state taxes, federal taxes, and capital gains requirements before making any payouts, allowing for a truly hands-off investment experience. Even if you don’t own an NFT, you can still benefit from company growth – holders with more than 2 million MKF tokens qualify for Flex Rewards.

For more on Master Key Finance, be sure to join their telegram channel: https://t.me/MasterKeyOfficial