I have been skimming the board recently this month after quite a long hiatus and to my disbelief, the board never saw a recovery phase and has been steadily declining in engagement all these months. A few reasons can be attributed for this inactivity and among them the primary reason can be related to the currently prevailing bear market trends and overall sentiment of crypto in India. Practically, it has become increasingly difficult for a new trader or investor to get into crypto by residing in India and the government has played a larger part in shutting down the opportunities available to new investors these days. This can be ranging from imposing of unusually higher taxes; RBI governor begging government to ban crypto every now and then and creating an unnecessary FUD among new enthusiasts and so on. Crypto Entrepreneurs on the other hand, has left India altogether and created companies in much more taxation and crypto friendly nations as they have proven to be supportive to the businesses nourishing in their countries.
On top of that, the huge lack of interesting crypto news happening over in the country has left our members stranded without any topics to be discussed in real time. Additionally, Indian crypto nerds has migrated their discussion to Telegram and Reddit which has also proved to reduce the overall engagement in our board.
I do remember that raffle and it was a great initiative taken by
Heisenberg_Hunter to boost the traffic of our board and it worked only for a while, so as a community we need to engage into discussions so whenever a new Indian member joins it will be helpful for him to understand.
Thanks for tagging me in this post which made me to offer my contribution to this thread. Recently, a few weeks back I was notified by @DarkStar_ that we still do have a remaining balance of
0.00427499BTC in our escrow address.
Initially, I had an idea of discussing about this with the members of our board on the Christmas Day but owing to my personal commitments I never had the time to revisit the idea. But now, I'm planning to conduct a final raffle on Republic Day and offer the winning member a prize of 0.00307499
BTC so that the remaining 0.0012
BTC can be given to DarkStar_ as a goodwill since he has been holding our funds for 3+ years.
What are everyone's thoughts towards my approach of conducting a final raffle?