# An Honest Update on GNG ICO: Why We've Decided to Cancel it

Dear Investors and Community,

We regret to inform you that our fundraising efforts have been unsuccessful. After careful consideration and consultation with our team, we have decided to cancel the fundraising round and explore alternative options for launching Gems & Goblins.

Despite our best efforts, the first round did not conclude as expected. We understand that investors are cautious in the current uncertain market and need to make informed decisions about their investments.

As a result, we have decided to refund all investors who participated in the fundraising round, and you can expect a communication from us shortly regarding the refund process.

We sincerely thank you for your interest in Gems & Goblins and your trust in our team. We remain committed to making Gems & Goblins an innovative GameFi product and will continue to work towards its realization.

We will keep you informed of any future developments and updates regarding the project. Thank you for your understanding and continued support.

Sincerely,

Gems & Goblins Team

<br>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://whitepaper.gemsandgoblins.com/an-honest-update-on-gng-ico-why-weve-decided-to-cancel-it.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.