By Mark McKenzie (Megapont co-founder).

Dear Megapont,

What a crazy 18 months it has been! On October 26th, 2021, we launched Megapont with the Megapont Ape Club NFT collection. Working with Weasly, Zeon, Slinger, and Faze to launch Megapont was a truly life-changing experience for me.

I have been fortunate with my financial ventures, having won lotteries with BTC, startups, and GME, as well as having the opportunity to work with some of the world's most prestigious organisations.

Launching Megapont has profoundly impacted me as an individual, more so than any other professional event. Megapont is my home. The community often comments on the genuine interactions they can have with me and Weasly. The reason is simple; we are not the owners but a part of the community.

We all have our own personal demons and obstacles to overcome. Megapont can and has served as a haven where we don't have to run away from reality but rather find comfort in the midst of our struggles.

As many of you are aware prior to this year's MegaPunks mint, Megapont was operating at a loss, with me as the sole funder. This was largely due to my strong conviction that Web3 can revolutionise the lives of creators, particularly digital artists. Megapont has made a positive financial impact on the artists we've worked with, and that's something I take great pride in.

As we look towards 2023 and beyond, we aim to consolidate our brand and establish a sustainable business model that does not rely on extracting funds from our community. I am extremely proud of the upcoming work we will be releasing this year, as it will transform Megapont into a Web3 powerhouse with the potential to significantly impact the industry as a whole.

So Pixel…

A fungible token was on our roadmap for 2023, specifically the Pixel token. However, it was not scheduled for release in May but rather in Q3 of 2023. So why the sudden decision to release it now? Simply put, our community has expressed a desire for a fun, liquid, more “degen” Megapont fungible token, and we strive to prioritise the community's needs.

There are plans for Pixel. It will be a big part of what Megapont does in 2023 and beyond, from MegaPerk redemptions, MegaTools, and Megapont Editions. I am excited to share details on all of that, but right now is not the time. I promised that when you hear from us, it will be with releases, not announcements.

For the most part, I anticipate Pixel trading independently, without correlation to Megapont or any other associated utility provider. Our vision is that simply holding the token symbolises participation and a sense of shared ownership in a project with aspirations to become one of the most significant endeavours in the Web3 space.

As you read this, Pixel will have already been brought into existence. Its entire supply will soon be made available to the free market through a liquidity pool, with no financial stake or interest from Megapont in the token's launch and distribution.

Have fun and be responsible. I look forward to chilling with you all in ape-village.

gn.

Mrk.