https://support.hogbaysoftware.com/t/foldingtext-3-project-preservation/4632
FoldingText got stuck. A key technology was deprecated and sales dropped to unsustainable levels. We (Mutahhir and I) have been unsure what to do next and FoldingText has languished. We are sorry about that. Our goal with version 3.0 is to ensure that FoldingText is available and working into the distant future.
It’s a very nice text editor with some nifty features. I’m glad to see it continue into the future.