🤗Parachute x 🪙 Xircus Official Statement

GM Fam,

In this post, we want to address why we decided to postpone the TGE date yesterday. Please read it carefully to have a full overview. ⤵️

We know that many of you - who have been with us through thick and thin thus far - are disappointed and we do understand your frustration. Again, those who are closely associated with the team working tirelessly to bring the best, we thank you for your support as you know it all and are better positioned to articulate why we took this collective decision in full cognizance of probable consequences.

First and foremost, we want to humbly acknowledge the mistake we made with our overly optimistic approach to development and timelines. Together with Xircus - the team responsible for delivering our app, we overestimated the time required to ensure a seamless experience for you. While we believed until the very last moment that we'd manage to launch on time, some unexpected factors arose that ultimately made it impossible to deliver a fully functional product on schedule.

The app we’re building together with Xircus is truly unique—there’s nothing else like it on the market. Through it, you’ll not only be able to participate in launches but also farm airdrops and exchange them in one place. Our long-term vision remains unchanged, and we’re confident in its strength and solid foundations. In fact, aside from Parachute, there is no other project on the TON working with as many collaborators or distributing as many airdrops to its community. This is no accident, fam.

What’s more, our partner - Xircus is also a project trusted by the Ton Foundation and giants like Hashkey, who, just like us, strongly believe in their vision of no-code solutions for all Telegram Mini Apps. Allowing all to launch TMA in minutes is a bold vision. We're proud to be the part of their xGems incubator, and excited to be one of the first projects to use it. However, being at the forefront means that some challenges might arise along the way. Rome wasn’t built in a day, and if you want to reach the top, you sometimes have to stumble along the way.

We fully believe that what doesn’t kill us only makes us stronger. So, we’ll be back in 2025 with more experience and stronger than ever. We’ll also return with a special gift for you. Given the New Year’s period, we ask for 2-3 more days to finalize the exact TGE date, ensuring that this time, it will be absolutely accurate.

May this last day of the year be exceptional for all of you.

Wishing you all the best! 🙏

Xircus & Parachute Team

Dear Parachute Community,💎

We want to address the recent developments regarding our TGE postponement and provide you with complete transparency about our current situation. 👇

During our final technical review, we identified critical integration points between our airdrop farming mechanism, vesting, staking and the exchange functionality that require additional optimization. These upgrades need thorough testing to ensure they meet our security and performance standards.

After careful consideration and coordination with our technical @xircus, we are pleased to announce that the new TGE date will be January 8th, 2025. This timeline allows us to implement all necessary improvements while maintaining the high standards our community deserves.

Let us be crystal clear: The TGE is absolutely happening. Our commitment to delivering a revolutionary product remains unwavering. The fundamentals of our project are stronger than ever, with all partnerships, technology, and team infrastructure in place. This delay is solely about ensuring we launch a product that lives up to the trust you've placed in us. ⚡️

To our early supporters and investors: We understand that delays can be frustrating and concerning. We want to emphasize that this decision, while difficult, was made to protect and enhance your investment. 🙏

A rushed launch could potentially compromise the very value we're all working to create. By taking this additional time, we're ensuring that when we do launch, the product will be ready to capture its full market potential. 💪

Bear with us. Our team continues to work around the clock, and we will maintain regular communication with you throughout this period. Expect detailed updates about our progress and the specific improvements being implemented.

In the coming days, we will give you a closer look at our vision, our aggregated partners, and remind you why you should stay bullish on the upcoming months, our project, and the $air token - gateway to airdrops of the most promising TON Projects. 🪙

Thank you for your continued trust and patience. Together, we're building something truly groundbreaking, and we're committed to doing it right. 🚀

Best regards,

The Parachute x Xircus Team 🪙 🤜 🤗

GM $TON Fam! 💎

As the TGE draws closer, it’s time to remind you why $AIR is about to blow up 🔥 and why you should be more bullish than ever! 📈

From day one, Parachute has had one clear vision: to be the #1 Airdrop Aggregator. 🪂

We’re here to serve as the gateway to early-stage projects building on TON, and we’ve been delivering on that mission with nothing short of excellence!

Thanks to our Quest app, in just a few months, we’ve simplified the process for everyone. No more months of farming! Projects get the users, traction, and recognition they need, while stakers/participants score real rewards . It's a win-win!

So, why should you stay bullish on $AIR? Simply because - staking $AIR will allow you to receive already 7️⃣ announced airdrops! Airdrops of:

✔️ Hackathon Winner + FIRST TON mover in the hottest trend of this cycle – AI: Olivia AI
✔️ 3 next-level DeFi protocols – FIVA Protocol, Ton Hedge, and LevelQ – delivering unique solutions in the DeFi sector, which TON is going all-in on in 2025.
✔️ Xircus: A game-changing infrastructure project that lets you build your own Telegram Mini App in just minutes! Backed by TF and Hashkey 🛠.
✔️Apeflix: A disruptive streaming platform supported by the big players from Verasity.
✔️ MOVE: The 1st Move-to-Earn app built within Telegram Mini Apps – revolutionizing the fitness space! 🏃‍♂️

Betting on $AIR is betting on getting in airlier than the rest. 🔥

This is your chance to ride the exponential growth of the TON blockchain.🛫

We are AIRly and we’re taking off soon!

PS: Expect some alphas tomorrow 👀