Dear MomoAI fans and users,

To be honest, the period since the launch of the MOMO game on March 1st has been a thrilling yet exhilarating journey. We have encountered numerous challenges, such as system overloads due to excessive traffic and severe congestion on the Solana blockchain caused by our Claim feature. However, despite these risky situations, we have managed to handle them smoothly. On the other hand, with the enthusiastic support of our community, we have quickly and steadfastly established ourselves as the #1 Solana gaming dApp and the #4 overall dApp. The fervent and active participation of our players in the community and within the game has also impressed many in the industry. This is the achievement of MomoAI, and just as importantly, it belongs to all of you—every MOMO player who has felt the thrill of drawing a golden card through Card Draw.

As a game platform that has been under continuous development for nearly 3 years, we have recently embraced new technologies and platforms with determination, hoping to leverage the advantages of AI and social features to usher in a new chapter for web3 gaming. We can now say with some confidence that this was the right choice.

The data we have accumulated so far is just the beginning. We will have more important progress, plans, and good news to share with you in the future. MomoAI will bring rewards and joy to every user, and will also bring more exploration and answers to the market and the industry. This is our determination, and it has been our promise since the founding of our company.

Now, we would like to share with you another major new product from MomoAI: MomoAI Nodes.

After nearly a year of R&D, our development team has completed the core system of MomoAI - AI digital persona technologies and solutions for the Web3 world.

Based on this, we have divided the development of MomoAI into three stages:

1. Cold start and user growth

2. Platformization

3. Intelligent ecosystem development

We have made progress in the first phase and are filled with confidence about our success in the next. As for the third stage, this is our long-term idealistic vision, and it is a future that we will definitely devote our full efforts to.

In the second and third stages, as the business deepens and unfolds, AI agents will be deeply embedded in the entire MomoAI game ecosystem, becoming a key support for MomoAI's transformation into the next-generation web3 gaming platform. During the operation of these two stages, a stable and efficient infrastructure matrix will become crucial. Therefore, we have established a solid Nodes matrix as the underlying infrastructure for this system. In addition to continuously providing distributed computing power and cloud computing facilities for the AI agents system, it can also share the ongoing rewards and achievements generated within the ecosystem. Now, let's unveil.

As mentioned earlier, this is the core of MomoAI's long-term development, and it is an opportunity open to all partners who are willing to provide long-term support for MomoAI.

To achieve a win-win situation with long-term supporters, we have expressed our sincerity to the best of our ability and set the following rules:

1. Redemption mechanism: We have set a 100% redemption mechanism for the first two types of Nodes (Base & Eco) to eliminate user concerns. a. In 2022, we had previously issued an NFT with a 100% refundable policy, and as of now, more than half of the users have reclaimed their funds during the bear market. b. This is our solemn commitment and a testament to our long-term approach.

2. Profit-sharing mechanism: We are opposed to the death spiral of ephemeral GameFi and X2E models, and believe that a healthy contribution-reward cycle is absolutely valid in web3. Therefore, 30% of our Tokenomic allocation is dedicated to node owners, and the rewards will be distributed based on factors such as node type, computing power, and activity level over the long term (within 24 months).

3. Incentive mechanism: Our rapid growth and viral expansion are inseparable from the enthusiastic promotion, recommendation, and sharing of a large number of users. We will share the income from Nodes with our promoters in the system mechanism. For direct referrals who purchase Nodes, 10% of the SOL rewards will be given directly to the referrer. Users who have purchased Nodes, as well as their invited players, will also receive special bonuses in the MOMO game.

As a pioneer in the AI+gaming field, we have already accomplished a lot, but there are still many challenges awaiting us on the road ahead.

However, we believe that with your support, all difficulties can be overcome. Whether you are a dedicated Kiwi farmer or a deeply involved contributor, you will gain what you desire in the MomoAI story.

Let's work together to make MomoAI the hottest star in the AI+gaming world!