erik kdb

Dear Memelandians, Last year was a year of ambition, excitement, and, unfortunately, many missteps on our part. As we look back on the launch of Memelandia, we’re the first to acknowledge that it did not meet the high standards we set for ourselves, nor did it deliver the experience we promised you, our community. We owe it to you to be transparent about what went wrong and, more importantly, what we’re doing to ensure we get it right this time around. 𝐖𝐡𝐞𝐫𝐞 𝐖𝐞 𝐅𝐞𝐥𝐥 𝐒𝐡𝐨𝐫𝐭 𝟏. 𝐓𝐡𝐞 𝐏𝐮𝐛𝐥𝐢𝐜 𝐃𝐚𝐬𝐡𝐛𝐨𝐚𝐫𝐝 One of our biggest shortcomings was the lack of a reliable, regularly updated public dashboard. This left many of you in the dark about the data that matters most. What’s changing? We’ve completely revamped this system. The new dashboard will update every 5 minutes, giving you real-time, on-chain data across major DEXs. The transparency you deserve is our top priority. 𝟐. 𝐏𝐨𝐢𝐧𝐭𝐬 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 The previous setup for point distribution and price tracking caused confusion and frustration. What’s changing? We’ve scrapped the point system entirely. In its place, a fully transparent on-chain dashboard will be the backbone of our new ecosystem. And for those who want to understand exactly how things work, we will share the equations retrospectively behind everything so everyone can see how the system works and evolves. 𝟑. 𝐏𝐫𝐢𝐳𝐞 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧𝐬 & 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲 𝐁𝐨𝐨𝐬𝐭𝐬 Last, but certainly not least, promises around prize distributions and liquidity boosts were made, and those promises were broken. For this, we apologize unreservedly. What’s changing? We’ve secured full approval for a $1M budget to ensure every initiative is properly funded and executed. All token purchases and liquidity boosts will be handled fully on-chain for complete transparency. Liquidity provisioning will take place one week after the winner's announcement — or by the end of the following week at the latest — so you can expect full visibility and accountability throughout the process. 𝐀 𝐍𝐞𝐰 𝐁𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 We’ve decided it’s time to turn the page and begin again — to leave our missteps behind, build on what we’ve learned, and make a fresh start. Your feedback, patience, and support have shaped this new chapter, and we’re deeply grateful. We know our past has been far from perfect, and we’re not promising perfection. What we are promising is that we’ll keep listening, learning, and improving. This next chapter marks a new beginning for our community and our platform. On November 7th, we will leave Memelandia behind and step into something new, something the entire community can be part of. We can’t wait to share it with you all. Sincerely, TON Foundation