On October 12, in response to crypto detective ZachXBT's question about why Neiro originally chose Gotbit, which had a very poor reputation, as a market maker, Neiro CTO co-head "S" responded that when Sun Yuchen's tweet made it public on HTX, there were actually only a few hours to find one, and time was running out. Gotbit was chosen because the market maker offered a retention agreement at the time, which was by far the most affordable option. Second, the project saw it as a quick fix for HTX to go public (the agreement with Gotbit lasted for three months), and then intended to explore other options when the budget was larger. Third, it lacked experience in judging the industry. Although it had heard all kinds of bad things about Gotbit, it had also heard all kinds of bad things about almost everyone in the industry, so it was difficult to make a judgment. "I hadn't been in direct contact with Gotbit before, so I chose to trust them and give them a chance," S added. "Gotbit also promotes itself as a" meme-friendly "market maker, which seems like an attractive proposition." "But at the end of the day, I take full responsibility for this and I should have been more careful. I am devastated by this outcome and paid a huge price for it. At the same time, it also gave us a huge learning opportunity, which forced us to radically improve the project by working with better and more market makers to reduce counterparty risk and upgrade the markets in which Neiro trades."