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