The collapse of FTX has prompted significant legal changes across various markets to safeguard the interests of investors. Despite having to adjust our INO plan once due to unfavorable macro-level timing, Metain has been unwavering in our commitment to prioritize the benefits of retail investors in our business model.
Regrettably, recent negative events involving Silicon Valley Bank, Signature, and Silvergate Bank have led us to make the decision to refund all NFT pre-orders placed by investors in METAIN VOT1, totaling $449,384 USD. This course of action serves as our commitment to protect our investor money and to keep transparency of the project.
The refund processes will be delivered to the registered email addresses of investors' METAIN dApp accounts on 14:00 PM GMT+7, 20 Mar 2023. Kindly check your email and follow our refunding steps to receive your refund.
It is important to note that following this event, Metain continues to operate normally and is focused on enhancing our operating model as well as the legal framework to prepare for the upcoming era of Tokenized Real-World Assets (RWAs).
Regards,
METAIN Team