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