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The original rules required qualifying vehicles to be assembled in North America alongside gradually higher percentages of battery materials and components to be produced on the continent and in countries with free trade agreements with the US. This month our external development partners — responsible for delivering the Capdax matching engine, a key component of our platform’s back-end — submitted their work and the results were incredibly disappointing. After extensive testing, our team has concluded that — in its current form — the Capdax back-end is not, and never will be, fit for public release. Unfortunately, despite our best efforts, we are unable to guarantee the success of Capdax to our satisfaction. We have therefore taken the difficult decision that in the best interests of the community, we will not pursue the project further. Instead, we will work out the best possible way to buy back all tokens in circulation using the total funds remaining once any outstanding business matters are resolved.
Details will be published as soon as possible, and we recommend that community members hold on to their tokens until this time. If your tokens are still stored with us, you may request a withdrawal now or during the upcoming weeks. We will announce a final deadline as we approach the ultimate buy back date.
Here, I will highlight the challenges faced in the development of our most-recent Capdax back end, summarise our progress since the Capdax TGE (Token Generation Event) and briefly outline our plans moving forward. In my next update, I will provide a more comprehensive explanation of what you can expect to see next from Capdax. Most notable of these challenges were the replacement of key leadership and issues faced in developing a secure, sophisticated and scalable Capdax backend. Today, we have a clear direction and experienced team in place, many months of front end user experience testing, and a robust new back end nearing completion.
That should help consumers like yourselves get some change back in your pocket at the end of the fiscal year. It’s important to note that any unused portion of the $7,500 is not available as a refund nor as a credit for next year’s taxes. CAP ax is also a great way to make your office network installation and maintenance https://turbo-tax.org/ so much easier, as it features PoE-in and PoE-out. That’s right – you can use cAP ax to power other devices, such as network switches, CCTV cameras, or even another cAP ax! Just a few clicks in our latest wifiwave2 CAPsMAN central management system – and you’re done setting up hundreds of cAP ax devices!
Maybe that’s useful detail but doesn’t seem necessary for most consumers. Without a smoothly working back-end, the user experience is unsatisfying and the technology unreliable. – cash-in-hand balances of accounts used in relation to the project including cash activity log sheet. – the BTC and ETH wallets used by Capdax, including in the case of BTC a verified export of the wallet history.
It’s also worth noting that although not included in our consolidation plan, one of our prominent Community Managers, Emil, has decided to move back to Sweden with his family and will be leaving Capdax next month. I hope this update was able to shine some light on both the internal happenings and the future outlook of Capdax. I have tried to cover the majority of topics that came up in our community discussions, but if you feel that I’ve missed anything, please feel free to reach out to the team through Telegram.
The interests of the community have always been our priority, and we regret the impact this will have on those who have supported us throughout the process. Having done our best to explore every possible solution, we believe it is our personal responsibility not to put the project and community at further risk where we cannot guarantee success. We thank everyone in the community for their continued support for the project, and will publish a further update on the resolution process in due course. We have been working passionately with minimum costs during May and June, utilising all our expertise and industry contacts in an attempt to meet these conditions, and leaving no avenue unexplored. We dove deep into negotiations with our potential business partner about deal terms, as well as approaching several other players actively searching for an institutional derivatives solution.
It’s our key to providing a seamless experience to both new and advanced traders. Our BETA front-end experience has been implemented, following multiple design iterations and extensive user testing, with very positive feedback. The first, how the final product would have looked, had our partners delivered a working back-end. While we were able to meet conditions 1, 3, 4, and partly 5, we were unable to build sustainable commercial partnerships that would contractually secure capdax’ future.
He regained the ability to walk after intensive physical therapy but was retired from service April 10 in a ceremony attended by about 250, including Hewitt. Dax, a German shepherd, joined the sheriff’s office in 2015 when he was 13 months old. During his well-documented and celebrated career, he and partner Deputy John Forlenza assisted in locating more than 400 missing endangered people or fleeing felons. Used EVs also got revised terms that now offer a credit equal to 30% percent of the sale price (up to $4,000).
For any further clarifications regarding the report, the summary contains a digital form which you can use to reach out directly to the financial accountant. First and foremost, it’s important to understand three little words the government slips in front of the $7,500 credit – “may” and “up to.” As in, you may qualify for up to $7,500 in federal tax credit for your electric vehicle. At first glance, this credit may sound like a simple flat rate, but that is unfortunately not the case. Following the departure of multiple early-stage partners in 2018, the Capdax leadership team used their personal funds to acquire and retain control of the project. To date, both my co-founder and I have each contributed 7-digit amounts each toward the success of Capdax and are yet to sell a single token, because we truly believe in the potential of this project. As founders, we believed strongly in the potential of the project and were therefore happy to personally contribute a great deal of money and unpaid time.
It is the end user’s responsibility to follow local country regulations, including operation within legal frequency channels, output power, cabling requirements, and Dynamic Frequency Selection (DFS) requirements. Please read the mounting instructions carefully before beginning installation. Failure to use the correct hardware or to follow the correct procedures could result in a hazardous situation to people and damage to the system.This product is intended to be installed indoors.
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