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Dec 29

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2022 ROUNDUP: LETTER FROM CEO LANG MEI



We embarked on a journey of unprecedented change in 2022 with our transition to
AirDAO, starting in May this year when I assumed my new role as the CEO of what
was then Ambrosus Ecosystem, and our community and team faced the challenge of
reinventing and expanding Ambrosus. Working from first principles, we
constructed a new approach, with contemporary brand values guiding us to build
the products people want in the rapidly developing cryptocurrency industry.

AirDAO reflects the current crypto landscape and enhances it with unique values,
cutting-edge technology, and a focus on improving user experience. With these
ideals in mind, we headhunted and hired knowledgeable and skilled people who
found alignment with our vision for AirDAO, and our team grew from 23 to 35.
Together, we have made significant progress in our new brand, products,
financial position, and community growth. In 2022 our formidable development
team made substantial headway in constructing the foundational products of
AirDAO, with Dashboard, Bridge, FirepotSwap, Network Explorer, and Staking as
core infrastructure. The advancements the development team made this year set
the course for the exciting future of AirDAO starting in 2023.

This year we strengthened our relationship with Binance, the world’s largest
cryptocurrency exchange, and continue to work closely with them for several
AirDAO promotions; including Red Packet, $1 Game, Staking, and a referral
program — all of which are highly successful. We closed a deal with a leading
crypto market maker and web3 investor, DWF Labs, for a two-million-dollar
investment into the AirDAO ecosystem — helping secure us financially and
partnering us with a leading incubator of web3 projects.

Simply put, we have never been in a better position than now and are in a solid
position to weather any storms and capitalize on any opportunities that present
themselves to us in the future.

At AirDAO, our efforts cater to what matters most — the community. Our global
community has grown fivefold since May, and we launched regional AirDAO
community groups in Turkey, Africa, LATAM, and China. We expanded our community
outreach with weekly Town Hall meetings, AirDAO Academy, a conference talk in
Ghana, and meetups in Colombia. In the new year, we will expand our presence
with more regional communities and continue to find exciting new ways to
interact with the AirDAO community, both online and offline.

In 2023 we will continue to work towards expanding the AirDAO ecosystem. AMB
tokenomics will be updated to align with our vision for the future, we will
extend AirDAO’s range of innovative features with a decentralized and fully
collateralized stablecoin, and more exciting new products will be revealed in
due time.

All of us at AirDAO are grateful for the AirDAO community’s support since we
launched. Community is at the heart of AirDAO, and as we move together into the
new year, the community will play an even more significant role as we continue
our commitment to making web3 accessible to everyone.



Follow AirDAO: https://linktr.ee/AirDAO

AirDAO is a decentralized autonomous organization governing the Ambrosus
blockchain and its collection of dApps. As the first DAO to encompass an entire
L1 blockchain ecosystem, AirDAO is building an integrated suite of digital
products and services that strip away the needless complexity from Web3 and
bring its benefits to the average consumer via a single, easy-to-use dashboard.

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It has been quite an eventful year, and the AirDAO team has spent a great deal
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