As some people may have noticed our budget proposal has been voted down to -9%. this was the result of one masternode owner with approximately 360 masternodes switching their 'yes' votes to 'no' votes therefore reducing net votes by 720. We don't know who this is and haven't had any communication as to why the change in heart.
At this stage we would struggle to progress with our project should we not receive any funds in the next budget cycle. We recently
published a blog post with some info on our progress, and are happy to field questions. At present we have only spent approximately 55% on the funds we received in the last budget cycle (converted to ~$1,900).
Any of the large holders (particularly the one mentioned above) are encouraged to get in contact directly if they would like more info.