3air

It happened in the worst of the bear markets, on September 22, 2022. It was not exactly the best time - it was probably the worst time, but there were legal obligations we needed to hold, so a decision to launch had to be made and we made it on August 10, 2022.<h2 id="header-0"><a href="https://blog.3air.io/3air-token-launch-in-review/#setting-the-launch-date" rel="noopener noreferrer nofollow">Setting the launch date</a></h2>We had postponed the launch date for months waiting for better market conditions which never came. On August 10, a favorable CPI reading was released. Based on that, we expected a slight pivot from the FED that unfortunately also never came. We saw a small market rally in August which later got crushed by Jerome Powell’s hawkish speech mentioning “more pain ahead”.We were expecting a smaller rate hike on the 21st of September, which could have given the markets some stability and confidence. But the next day, the day of our launch, the markets tanked additionally, setting us up for a tough start.<a href="https://blog.3air.io/3air-token-launch-in-review/" rel="noopener noreferrer nofollow">Continue this story on the 3air blog</a>...

Review: 3air Token Launch

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