"We'll wait until the markets improve, no matter how long it takes!"
It just means they aren't confident in their own product to survive the bear market which should draw more concern for people, than their perpetual delays.
Not suprisingly! Almost all made such decisions. I concluded,
'they aren't confident in their own product', it's prove their quality.
They only expect the market, not try to conquer the market.
Or build a loyal customer base, guess they're relying on their partnerships to keep their token and product afloat.