Hi all,

I’m former CTO of Royal Kingdom Enterprise, now demoted to external consultant after the acquisition took place in January. I think at this point nobody has any illusions about the future of the company. Aside from the coin price, the company itself is in ruins: nobody understands where it is going, or even who’s gonna pay for the hosting and the remaining 2 people on the team, out of 15+ that we used to have when I was working there.

I got contacted by the remaining team members and told that since nobody is paying to keep the lights on, the infrastructure is going to be shut down. It would be a big problem for everybody if people’s money disappeared with it, so I’ve stepped in to work with the team to organize two weeks of maintenance for people to get their money out. If you’re a VK user, please take immediate action to withdraw any funds you have there before it shuts down. We will notify every user by email as well.

As to what happened with RKC, if you invested after the last huge spike, sorry for your loss. I personally didn't sell nor buy any RKC after we got bought out, so my conscience is clean here. I have no idea who did, everybody I asked denies it.

As a person responsible for the technical part, I believe it went okay. Although we registered several cyberattack attempts, the platform didn’t get hacked. The smart contract didn’t fail and didn't lock people’s money. And I believe that we (the former team) had put in our best efforts to develop and improve our projects while we were in charge. On the commercial side, unfortunately, the company slowly slid down the path of 90% failed crypto startups.

So that’s the end of it, I guess. And if you need a cryptocurrency exchange/smart contract/decentralized p2p app done, I’m your guy, send me a message to hi@uvarovconsulting.com.

By the way, Palmex should be fine, I'm currently working with ArabianChain to transfer it onto their infrastructure.