The announcement states that Spenda Limited has decided, in mutual agreement with Agrichain, to temporarily halt the ongoing phase one rollout of early payment services for grain growers on the AgriChain Platform.
This pause allows Spenda to focus on other short-term revenue opportunities (obviously trying to get to CF+ as quickly as possible). Importantly, it emphasises that this decision doesn't terminate the existing binding agreement between Spenda and Agrichain.
In the early stages of business development, it's common for companies to deprioritise certain projects to allocate resources strategically and pursue more immediate revenue-generating ventures. The intention to consider resuming the payment services rollout in the future indicates a potential revisit of the project when the timing is more favourable.
It is intriguing to observe the discussions on this forum from the perspective of individuals who exhibit a more pessimistic outlook and possess limited to no business acumen, a characteristic discernible in their posted comments.
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