Letter from the Konomi Team to the Community
February 2nd, 2024

To our valued Konomi Community Members,

First and foremost, we would like to express our deepest gratitude to all members of the Konomi community for their support.

In the days following our delisting from OKX, we have seen many community members encourage us and proactively strategize for the future of the Konomi project. We would like to express once again our sincere thanks to these members of our community.

The delisting of Kono from OKX is indeed a significant setback and blow to our project. We received notice of the delisting on one day before it occurred, without sufficient time for in-depth communication with the team at OKX. The specific reason for the delisting relates to compliance issues and is not a reflection of the quality or potential of the Konomi project. Konomi is registered in Singapore, and while it was compliant with OKX's requirements when it was listed in 2021, it no longer meets the exchange's compliance needs. Our team has always placed great importance on trading liquidity on OKX, and over the past few months, we have been dedicated to improving the trading volume and liquidity on OKX. Kono's price has performed quite well in the past few months, frequently ranking in the top three in terms of price gains on OKX.

Being delisted from OKX will have a significant short-term impact on the project. However, our team has already communicated with our market makers several times and will enhance Kono's liquidity and trading volume on other exchanges such as KuCoin and Gate. The fundamentals of the Konomi project remain solid.

We are currently planning our next steps, and team members will engage in deeper communication with the community this month, hoping to hear more opinions from the community. The feedback we have received includes suggestions to burn all team tokens and to transform Kono into a community-driven meme token, or to airdrop all team tokens to Kono holders to reward the community for their long-term support.

We understand that this is an exceptionally challenging period for Konomi, but we also believe that difficult times will pass. Please continue to support us.

The understanding and patience of our community are our most valuable assets. If you have any questions or suggestions about the project, please feel free to contact us through official channels.

Best regards,

Konomi Team

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