Dear VEXT Community,

Just a brief update for you guys as we continue to build out the VEXT ecosystem. We understand you’re keen to receive more news.

🏁Racino🏁****As you probably know, Racino is now LIVE and the initial car mint sold out on Magic Eden! We encourage you to visit racino.io, set up an account, and get involved with races on PC or mobile. This is our first major in-game use case for VEXT with the token fully integrated as part of the Racino in-game economy.

✅Token Buyback✅****

The buyback is still part of the plan. As previously mentioned, timing is key.  Rest assured, we will always look to support the community in the best way possible. This must be done right and we’re working with some of the best pros in the industry to ensure it has the impact we’re looking for.

📈Ecosystem Development📈****

Our web3, design and dev teams are working on major upgrades to the VEXT ecosystem. This includes a new image, new use cases, new products, and an upgraded platform to help us grow our community, our reach, and the VEXT value proposition. VEXT will continue to be the fuel of the ecosystem. There’ll be more and more reasons to buy and hold.

🤝New Partnerships🤝****

We’re working on an array of exciting new partnerships to complement the ones we already have. This is an ongoing process and will be key to onboarding new community members and holders as we move forward. Developing the VEXT use cases and value proposition are top priority for these partnerships.

🚀Marketing🚀****

We’ll be deploying the above and more through the second half of 2024 with a major marketing push to maximize our impact in web2 and web3 markets. With the help of our community, we’re very confident we’ll gain major attention and growth.

🙏Thank you🙏****

At this stage, we ask you, our community, for your patience as we continue to develop. Major improvements require significant time. Despite the negative price action for altcoins in the recent market, the VEXT fundamentals are improving every day. We’re as confident as ever that we’re building something primed for widespread attention and adoption.

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Dear VEXT holders and community,

You may have noticed a significant decline in our chart. I wanted to reach out to explain WHY this has happened and WHAT we are committed to doing to rectify this situation. 

As mentioned consistently, VEXT is here to stay, and Veloce, our group company behind the token is fully committed to achieving success. We are relentless in our efforts and will not stop until we make it happen!

Reason for the Decline:
In short, we have previously engaged with some bad acting partners who have suppressed VEXT's price. Despite our relentless efforts to mitigate sell pressure, our project has taken a significant hit. It's important to note that founders and core investors in the project have not been selling.

Current Status:
We have now moved past these sellers. This gives us the opportunity to steadily deploy resources and strategy to recover our price. The refined team behind this operation has all the necessary tools and resources.

Our Plan for Recovery

🔄💰Token Buyback💰🔄
We will begin buying back the token to regain positive momentum. We are committing a minimum of $500,000 over the next 6 months to achieve this and will commence once the market conditions are favorable. With a view to target $1M over the same time frame.

📆✅New Partnership Announcement✅*📆***
We have an exciting strategic partnership to announce alongside this plan commencing.

💹🏪 Marketing Budget Deployment🏪*💹***
We have a substantial marketing budget ready to deploy, with multiple T1 KOL's already paid in full. Once we feel the market is in a better position, we will launch this marketing push.

🤓🧮Partnership with Leading Economists🧮🤓
We are commencing a partnership with leading economists from the crypto space to enhance the asset's value.

👷‍♀️🧱Building🧱👷‍♀️
Our development team continues to innovate, providing an enhanced user experience and further engaging utilities within our dApp. Our mission to onboard our 32 million web2 users is a firm commitment and ambition for us. 

💪🏋️‍♀️Persistent Efforts🏋️‍♀️💪
We will keep pushing until we see significant recovery.

🤝🫡Our Commitment🫡🤝
We are in this for the long haul and are very confident that VEXT will rise!

Thank you for your continued support, we just ask for your patience as we navigate this journey. Together, we will overcome this challenge, rise and emerge stronger. 🫡

Any guesses?? 👀👇

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