Back to collectionA Near-Halving Month Ends With the Team Intact
Background: May ended with a crash. Today: BTC closed at USD 37,000, after nearly halving over the month. Impact and next steps: With the whole team staying, the studio could enter June with the same people, but market pressure and funding risk remained.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
Background: May ended with a crash. The studio had already decided to plan its finances for a two-year bear market and keep the product schedule steady. At month-end, the question was not only what had happened on paper: whether each person would stay affected the continued work on Iron Pigeon and the matching algorithm.
Today: BTC closed at USD 37,000, after nearly halving over the month. No one left the studio amid the market shock. The team recorded that in its month-end discussion, but did not treat everyone staying as proof that the problem was solved; cash plans and workloads still needed review.
Impact and next steps: With the whole team staying, the studio could enter June with the same people, but market pressure and funding risk remained. It still had to control spending according to its planned runway and keep the game and fundraising work moving without overloading the team.