Dear Kabuni Community,

It is with a heavy heart and a profound sense of reflection that I write this message, acknowledging the trials, triumphs, and the bittersweet realisation of this moment. After eight years of both incredible highs and deeply painful lows, and three significant pivots, Kabuni’s journey has come to an end. As of January 1st, 2025, Kabuni has ceased all operations. This was not an easy decision, and every possible option to keep going was explored. We got close to continuing, but unfortunately, we were not close enough.

Building a company focused on profit and impact has been one of the most challenging and humbling experiences of my life. Over the years, we faced incredible highs and deeply painful lows, and as an entrepreneur, you never envision the day when you must write these words. The sense of failure and the feeling of letting down those who believed in and supported us are profoundly difficult to bear.

I want to take this moment to extend my heartfelt gratitude to everyone who has been part of our journey. To our incredible team, board members, investors, community members, Kabuni COIN holders, and NFT holders – your unwavering support and belief in our vision have meant the world to us. We shared so many milestones and moments of learning together, and for that, I am truly grateful.

Throughout December, we shared updates during various AMAs, ensuring transparency as we navigated this difficult transition. For more information, we will be creating updates on the Kabuni blog. I encourage you to check back for updates as we navigate this process.

While this chapter closes, I remain proud of the impact we sought to create and the community we built along the way. Thank you once again for your support, belief, and contributions to Kabuni.

With gratitude and respect,
Nimesh Patel
Founder