Migration Announcement
Next major steps towards community growth
FOR IMMEDIATE RELEASE
Bet45 Announces Strategic Relaunch, Migration, and Merger with New Larger Ecosystem
May 29, 2024
Dear our beloved community,
We extend our deepest gratitude for your unwavering support and investment in Bet45. We also wish to express our sincerest apologies for the challenges faced during our initial launch.
Reflecting on the Initial Launch:
Our initial strategy aimed at launching Bet45 across multiple IDO, CEX, and DEX platforms. Unfortunately, our fundraising efforts fell significantly short of our targets. Consequently, we launched exclusively on MEXC with limited marketing and development budgets, and we had to settle for more affordable partners and solutions, including marketing partners, influencers, and market makers.
Furthermore, the platform development, provided by our development and game aggregator partner, has not been a smooth ride and not as fast as we would like to roll out per our roadmap.
In the effort of boosting the capacity of Bet45 on all fronts, we need another round of fundraising and we are currently in talks with a new web3 ecosystem projects that want to include us in their larger ecosystem. In order to merge into a new larger synergised ecosystem, we will need to migrate our B45 tokens and NFT and bridge to their ecosystem.
Our Strategic Next Steps:
Delisting and Rebuilding: We will delist the Bet45 project from MEXC by 5 June 2024 and migrate Bet45 tokens and NFT to a new project. We will announce the next steps in the Bet45 community channels. Token holders may also still hold on to B45 tokens if they wish to migrate to the new projects with us, otherwise the token trade is still available on MEXC until next week.
Merger and New Ecosystem: Bet45 is merging with a larger team to create a robust ecosystem project. This new venture will feature multiple dApps and a versatile token with various use cases across the ecosystem. Our new partners recognize the potential in our team and have offered us a second chance to succeed. In the meantime, we will suspend Bet45 website while it is being merged and migrated. We will relaunch the new website as part of the new ecosystem and will announce detail on token migration as soon as we are ready.
Broadening Our Appeal: The initial reluctance of major platforms and investors stemmed from the casino-specific nature of Bet45 due to legal concerns. Our new project, however, will encompass a broader range of applications, not limited to igaming, thus appealing to a wider investor base.
Fundraising and Financial Strategy: We will initiate a new fundraising round in the coming weeks, targeting platforms and investors who believe in our renewed vision. The funds from this round will be used to reimburse our initial investors as we transition to the new project.
Strategic Launch Planning: Our revised approach emphasizes meticulous planning and execution. We will focus on gaining adoption, building momentum, and securing a robust user base before carefully listing on CEX and DEX platforms. Our experiences have underscored the importance of a well-thought-out strategy and a compelling brand narrative.
We are enthusiastic about the future and confident that these strategic changes will set us on the path to success. We are grateful for your patience and continued belief in our vision. Together, we will build something extraordinary.
We look forward to the opportunity to give you a grand announcement to reveal our new partners, investors, and the clear roadmap of the ecosystem in the coming weeks.
Thank you for your support.
Sincerely, Founding team, Bet45
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