Qubetics Publishes GitHub Code After Halting Development, Burns 333.6M TICS
- —Released 15 core and 14 wallet repositories, covering blockchain, VPN and explorer software
- —Burned 333.64M TICS, lowering maximum supply to 960.13M tokens
- —Treasury still holds 34.75% of supply; no decision on the remainder
- —Development halted October 6 and the Antier contract was terminated
Why it matters: The project effectively conceded its L1 failed and migrated to Ethereum, leaving holders with open code but no roadmap or funding commitment.
Source: The Holy Coins