In 2021, the spirit of equality in the crypto world ignited our passion. As we grew and explored, we quickly realized that behind the glamorous facade lay a strict hierarchy and pervasive unwritten rules.
The "100x return myths" marketed by capital and institutions gradually overshadowed the ideals of fairness and freedom. After enduring bear markets and repeated trial and error, we couldn't help but wonder: Is it a lack of understanding or is the industry fundamentally flawed?
It wasn't until Momo launched in 2024 that our crypto journey began a new chapter amidst our self-doubt.
We are honored to have garnered the enthusiasm of millions of players. Beyond the rapidly growing numbers, what truly moved us was genuine and intense love, dissatisfaction, and expectations from players across global time zones.
When Momo's player base surpassed one million users, we suddenly found the courage and strength to seek the answers we had always wanted.
So, after 1,000 days since its creation, MomoAI decided to return to our roots! We want to embrace the community and transform Momo into the People's Momo.
If crowdfunding is successful, we will significantly lower the project's valuation—offering 35% of the shares to the community at a 40% discount compared to the lowest VC funding round, and increasing the game's airdrop allocation from 5% to 12.5%. Additionally, we will establish a community contribution incentive pool and a long-term player contribution pool, ensuring that 85% of the shares are fairly distributed to the community, with over 60% being initially liquid.
We will do our utmost to oppose any profit derived from unfair distribution methods, including our own.
We are not 100% confident in our success, but we believe that by moving towards the direction we set out for—towards fairness and freedom—even if this is a huge adventure, we will not be alone.
Behind us, there are millions of you who will not allow us to fail, will you?