Dear Maskie,

As MaskEX approaches the end of a tremendously remarkable year, I'd like to take this opportunity to thank you for your ongoing faith and trust in our financial wallet.

The year will definitely be remembered for the way in which everyone came together to overcome the difficulties caused by the pandemic. At MaskEX, we were able to bounce back from such a difficult time in history, and that resulted in the introduction of a corporate identity: 'Your Wallet, Your Way.'

"Your wallet, your way" reflects a mindset that is immensely important to us and guides all we do for you on a daily basis. In addition, it demonstrates our dedication to assisting you, as a user, to use the new digital financial and non-financial solutions we develop to create even better experiences for you.

I believe it is true that MaskEX has carved out a unique position in the industry as a challenger exchange, which is why we have constantly reinvented ourselves so that we can always supply what is relevant today and tomorrow and offer a world-class service to all of our customers.

In our bid to serve you in the best way possible, we have achieved some major feats that are worthy of note.

Focus on security and transparency

Towards the end of 2022, MaskEX corporated with 4 big audit firms in the audit industry to build user confidence in MaskEX’s secure user fund and transparency. This is the only way to prove that MaskEX is a financially healthy CEX

Also, MaskEX launched a Proof of Reserve (PoR) system on Nansen, a blockchain analytics platform that enriches on-chain data with millions of wallet labels.

MaskEX has been ranked 15th on the Defi Lama global CEX Transparency Index. This ranking is based on the level of transparency provided by the exchange. We like to think that this is a significant achievement, especially considering that we have only been operating for one year.

We present transparent information about the company to all interested parties. Our investors always have an unbiased and completely honest picture of their funds. MaskEX demonstrates solvency and assures clients that the exchange is able to pay out customer deposits in times of market volatility. MaskEX will always secure the Asset Fund for Users (SAFU) and prevent users from experiencing fear, uncertainty, and doubt (FUD).

MaskEX Merchants worldwide

At MaskEX, we are dedicated to ensuring that our users benefit from being a part of our community. We understand that our success is directly tied to the success of our users, which is why we prioritize their needs and concerns. To further support our users, we have partnered with leading companies worldwide to provide a wide range of benefits in everyday life. Additionally, we created a unique affiliate program that allows our users to earn rewards by referring their friends and family to join our community. By caring about our users and providing them with opportunities to succeed, we are building a strong, supportive community that is committed to driving positive change in the world of crypto.

Education and Charity

MaskEX has organized charity events in different countries with plans to expand to over 30 more countries in 2023. Our programs will focus on providing assistance to those in need, through initiatives such as sustainability efforts, charitable giving, and employee engagement programs.

MaskEX is committed to making a positive difference in the lives of people around the world. We believe that by working together, we can create a brighter future for all. We are grateful for the opportunity to partner with these organizations and look forward to making a meaningful impact in the lives of those in need.

In the education sector, MaskEX announced a plan to empower thousands of students in universities by educating them about blockchain and Web 3. Our plans are already in motion, starting from the UAE where we just hosted a trading competition for the top 7 universities. One month of different masterclasses and stock market games were held with the involvement of different teams of students and MaskEX Global experts. This program was designed to help students build a fundamental understanding of investing while providing them with real-world skills and practice.

The Future of MaskEX Smart City

In the past year,  we got much attention from traders and investors in the UAE market, which led to extensive research and the idea of developing a new concept of a smart city in the UAE. MaskEX will use its innovative technology to improve the quality and access to services and increase efficiency and sustainability. With the support of MaskEX’s new shareholder, Sheikh Hamad Bin Rakad Bin Salem Bin Rakad, MaskEX we expect to create a unique environment in the UAE market to attract more FDI in the region and create innovative solutions on the market. The smart city concept will cover a lot of sectors. Starting from healthcare, manufacturing, and many more. We are going to be contributing largely to the realization of this vision.

Moving on, in the near future, it is expected that the convergence of industry ecosystems and smart cities will bring about positive changes and improvements in people's daily lives.

In closing, thank you again for choosing MaskEX and being a part of our community. We have enjoyed a successful year. And on behalf of the entire MaskEX family, we would like to thank you for this.

We look forward to assisting you and all of our users throughout the world in achieving their ambitions boldly and rising every day.

I wish you and your families a joyful start to the new year.

Best Regards,

Eric Yang

Chief Executive Officer

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