WEMIX

Dear WEMIX community and investors,2022 has been a year full of trials for a new leap forward for WEMIX.With the launch of WEMIX3.0 the Mainnet, key platforms such as WEMIX PLAY, NILE, and WEMIX.Fi were developed to successfully establish the platform-driven mega-ecosystem WEMADE and WEMIX aspires to. However, due to ineffective communication with the market, four Korean exchanges have suspended transaction support for WEMIX, causing uncertainty in the community and the investment market. There are no words to accurately describe the disappointment and inconvenience felt by many, resulting from recent events.Leaving 2022 behind, the year where we have realized both potential and strictness of the market, in 2023, we will deepen our technical understanding to explore new leading technologies and achieve a higher level of blockchain-related security; horizontally, and vertically expand diversity and magnitude of the WEMIX mega-ecosystem through new partnerships and projects; and above all, make every effort to increase the value of WEMIX based on technology and utility.Moreover, we will add the following vision pillars to expand our platform-based ecosystem.First, WEMIX will focus on the strict and thorough management of the circulating supply.Based on the circulating supply plan announced at the end of last year, WEMIX foundation has been converting the pre-planned amount of WEMIX into circulatable state on a monthly basis. The WEMIX foundation has also continued its communication with the community to transparently disclose the use of funds in the form of investments and marketing via official announcements. In order to provide enhanced stability to the investment market regarding the execution of the WEMIX circulating supply plan, the actual circulating supply of WEMIX will better reflect the publicly disclosed circulating supply by modifying the Vesting Plan to a Supply Limit. The WEMIX foundation will also consider the voice and feedback of the community to clearly address the process and the intention of future investments. Through these measures, WEMIX will make pragmatic and meaningful investments which benefit the WEMIX ecosystem and strive to reform potential concerns related to increase in circulating supply into encouragement and expectation for the growth of the ecosystem.Second, WEMIX aims to become the World’s most transparent ecosystem.Blockchain offers unrivaled transparency. However, technological barriers and unfamiliar experiences prevent easy access to the network. WEMIX3.0 strives to lead the way towards developing a platform where anyone can access information in a fair environment, and build trust established on transparency. Based on the original philosophy of blockchain, WEMIX will enable and secure real-time transparency to the extent that post-reports or audit processes will not be necessary for sponsorships, donations, joint property management and even finance.Third, WEMIX ecosystem will present limitless opportunities.The characteristic of the platform’s two-sided market is that both suppliers and consumers are customers of the platform; the platform should not only encompass good content, but also function as a distributor to improve the process of engagement between suppliers and consumers. Furthermore, an ideal platform should also encourage consumers to invent and develop contents to become suppliers for other new consumers within the ecosystem. The blockchain ecosystem has reached the stage of joint authoring and consumption through a community represented by decentralized organizations, to the degree that such dichotomous thinking of supply and demand has become meaningless.By implementing such characteristics of a blockchain-based platform, WEMIX will utilize NFTs to prove one’s ownership over contents and intellectual property, utilize DAO to develop and distribute unique contents to the community, and to evolve and innovate the IP business through unlimited opportunities, guaranteed rights, and joint growth.Lastly, WEMIX envisions to positively impact the World.A transparent world where opportunities are open to everyone. This statement summarizes the ideal world everyone yearns for which is also the vision of the WEMIX ecosystem. The WEMIX ecosystem will impact the world positively by establishing a transparent environment in which opportunities are equally available to all individuals. A transparent world where differences in geographical, educational, wealth, and geopolitical status or information asymmetry results in limitation of opportunity.2023 will be the year in which WEMIX3.0 will flourish and thrive through implementation of our vision on the platform foundation that has been built so far. WEMIX will secure technical superiority, wide range of utilities, transparency and security to enhance the value of WEMIX that has been stagnant since the end of 2022 by strengthening our communication with the market.As the leader of WEMADE and WEMIX, I would like to express my complete trust and support to all employees, including CEO Henry Chang. Also, as a member of the WEMIX community and to express my sincerity towards the project, I will proceed with purchasing WEMIX through the listed market.The first purchase of WEMIX illustrated below was carried out from May to October of last year, and the total number of WEMIX purchased will not be sold until October 25, 2023, as promised to the community.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/24d42de06fc44afca444e606bb302ed4.png">Reference: Current WEMIX holdings as of December 8, 2022In accordance with last year’s purchase, approximately 30 billion KRW(approximately US $24M) worth of WEMIX will be purchased this year via domestic exchange. As soon as the purchase is complete, the result will be disclosed to the community, and the amount will not be sold or disposed of for one year from the purchase completion date. The set period is solely for explicit commitment; no sales will be made until expansion and stability of the ecosystem has sufficiently been fulfilled and the value of WEMIX reaches a point where recent concerns involving the circulating supply are settled. In the future, once all conditions are met, proper announcements will be made in order to thoroughly inform the community of the sale.This action will demonstrate my participation as a member of the WEMIX community, and prove that my future, along with the company’s future, is aligned with the success of WEMIX. Further on, as an investor and member of the community, I promise to take the initiative to improve any inconvenience of irrationality caused by activities and investments within the ecosystem through firsthand experience.There is not a hint of a doubt that 2023 will be the year in which the blockchain ecosystem and digital economy that WEMADE and WEMIX have dreamed of will be accomplished, and the moment to regain and solidify the trust of our community and investors through fair opportunities and transparency.I would like to take this valuable opportunity to express my sincere gratitude towards all our community and investors who have shown unconditional support. As a member of the community and as an investor, I will march together on this journey towards the success of WEMIX.Sincerely, Kwan-ho Park Chairman of WEMADE | WEMIX Community MemberWEMIX Medium Announcement : <a href="https://medium.com/wemix-communication/new-years-address-and-wemix-purchase-plan-by-kwan-ho-park-chairman-of-wemade-1580166b51c4" rel="noopener noreferrer nofollow">https://medium.com/wemix-communication/new-years-address-and-wemix-purchase-plan-by-kwan-ho-park-chairman-of-wemade-1580166b51c4</a>WEMIX Communication Channels : <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

New Year’s Address and WEMIX Purchase Plan by Kwan-ho Park, Chairman of WEMADE

WEMIX

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