Thanks to all of you, this year has been nothing short of extraordinary for the BasedApp team. We are humbled by the response that we have gotten for BasedApp, both the good and the bad.

As we bid farewell to 2023, it's time to reflect on the remarkable journey we've had at BasedApp so far.

2023 Highlights

1. Launch of first non-custodial 0% FX Crypto Card in Singapore: In August 2023, we proudly launched the world's first non-custodial crypto Visa card with 0% transaction and FX fees in Singapore. With BasedApp, users are empowered our users to spend their digital assets like never before, offering unparalleled convenience and security.

2. Strategic Partnership with StraitsX: Our collaboration with StraitsX, the issuer of XSGD, marked a significant milestone enabling us to go to market within a few months of development effort. As one of only two companies in Singapore to receive the In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for single-currency pegged stablecoins (SCS), this partnership reaffirms our commitment to offering a solution which is compliant with current regulatory landscape.

3. Beta Launch Success: Within just four months of our Beta Launch, BasedApp achieved a remarkable milestone, surpassing 10,000 total transactions. This is with our launch still under invite-only access.

What to Expect in 2024

As we look ahead to 2024, the BasedApp team is committed to enhancing the BasedApp experience and pushing the boundaries of what's possible in the world of cryptocurrency. Here's a glimpse of what cardholders and users can anticipate in the coming year:

Q1 2024

• Reward Store: As promised when we transitioned to the Point system, we're introducing a reward store, enabling users to redeem points earned through spending and actions on BasedApp. Let us know what you'd like to see in the reward store!

• Apple Pay and Google Pay Support: The most sought-after feature for BasedApp by our users. We are targeting a Q1 release to significantly enhance the convenience of using the BasedApp card.

• Native Mobile App: Our highly-anticipated native mobile app will be available on both iOS and Android platforms, making it even easier to manage your digital assets on the go.

• Integration of Additional DeFi Protocols: We're expanding our offering by integrating more DeFi protocols within the app, providing users with more opportunities to grow and manage their portfolios in a fuss-free frictionless manner.

1H 2024

• Premium Tier Metal Card: We're actively working towards the launch of a Premium Tier Metal Card, catering to the needs of our most discerning users.

Future Plans

We believe in co-creating the future of finance with our community. In line with this, we invite you to share your thoughts and suggestions on our roadmap through our dedicated platform: BasedApp Canny. Here are some exciting possibilities on the horizon:

• USD Card: We're exploring the possibility of introducing a USD Card to further diversify our offerings and provide you with more options.

• ETH-Backed Credit Card: We're considering the development of an Ethereum-backed credit card, offering crypto-natives a better way to manage their personal finance and portfolio.

At BasedApp, we are driven by a vision to build a future where blockchain technology serves as a force for good, offering transparency and self-custodization to all users. Your feedback, whether positive or constructive, is invaluable to us. Please don't hesitate to reach out in-app or through our social channels; we're here to listen and evolve with your needs.

As we embark on this exciting journey into 2024, we want to express our deepest gratitude to our incredible community of users, partners, and supporters. Your trust in BasedApp fuels our passion to innovate and improve BasedApp. Together, we are shaping the future of money.

Wishing you a prosperous and fulfilling 2024 ahead!