X METAVERSE PRO Foundation

X METAVERSE INC, the parent company of X METAVERSE PRO, is an innovative blockchain fintech enterprise. X METAVERSE INC has actively explored digital transformation, and accelerated the development of financial technology and digital financial innovation. Based on blockchain technology, it plays an important role in promoting financial data sharing, optimizing financial business processes, reducing financial operating costs, as well as improving financial collaboration efficiency and more.

X METAVERSE INC is committed to improving the efficiency of financial services and financing convenience and exploring the application of blockchain in the fields of trade finance and regional equity markets, as well as stimulating new development momentum in finance with technological innovation. It strives to become a fintech backbone enterprise and a digital financial cluster to provide technical support for the high-quality development of blockchain finance.

X METAVERSE INC holds many traditional finance and businesses, including online banking, insurance, trust, legal loan finance, real estate, etc. The newly created DEFI business includes DEX decentralized exchange, GameFi, NFT, stable currency, digital insurance products, venture capital platform and hosting platform, etc.

X METAVERSE INC will focus on the layout of the Metaverse in 2022. It is currently listed on the OTC in the United States. It is expected to be listed on the Nasdaq main board in the United States through the merger of SPAC special purpose acquisition company in 2024. It will enter the global capital ocean. At that time, it is expected to become a real unicorn enterprise worth of 10,000 times its value.

X METAVERSE INC, through the X METAVERSE PRO Foundation, will be responsible for the continuous development of the X METAVERSE PRO system and the construction of transparent governance. It will ensure that the project is promoted to the greatest extent according to the established plan, and promote the safety, harmony and development of the open source ecosystem at the same time.

The X METAVERSE PRO Foundation will continue to reach long-term strategic partnerships with top international digital asset exchanges, venture capital institutions, mining farms, communities and big data service providers to lay a solid foundation of resource, capital and industrial for project development. The X METAVERSE PRO Foundation mainly regards sustainability of project development, effectiveness of strategy formulation, management effectiveness, risk control and efficient operation of the project as the goals of the governance structure.

In order to ensure the openness and transparency of the X METAVERSE PRO project, the foundation has established the highest decision-making body, the decision-making committee to manage the project. The decision-making committee consists of a business committee, a technical committee, a general affairs committee and a community development committee. The management organization will be composed of developers and functional committees.

The members of the first decision-making committee are composed of core team members, well-known figures in the blockchain industry, legal experts and early investors. The community elects some members of the subsequent decision-making committee. The functions of the decision-making committee include hiring and dismissing the executive director and the heads of various functional departments, making important decisions, and holding emergency meetings. The term of office of the members of the decision-making committee is two years. The first X METAVERSE PRO decision-making committee members have rich industry experience in the fields of blockchain, DeFi, and the Metaverse.

(1) Decision-making committee: After the term of the decision-making committee expires, all token-holding community members will vote according to the token amount and token age, and select no more than 9 odd-numbered core members of the decision-making committee. The core members will make important and urgent decisions on behalf of the X METAVERSE PRO community, and need to accept credit investigations and disclose their remuneration during their tenure.

(2) CEO: Elected by the decision-making committee, responsible for the operation and management of the X METAVERSE PRO project, coordinating the work of the subordinate committees, and presiding over the decision-making committee meetings, etc. The executive director regularly reports the work progress to the decision-making committee.

(3) Business Committee: The Business Committee is responsible for the overall design and planning of the community.

(4) Technical Committee: The technical committee is composed of a core developers and is responsible for developing and reviewing underlying technologies, product development and review, etc. The technical committee regularly holds Project Tracking Meetings to discuss requirements and project progress. Members of the technical committee need to understand the dynamics and hotspots of the community, communicate with business participants and X METAVERSE PRO holders in the community, and hold Technical Exchange Meetings from time to time.

(5) Market Development Committee: The Market Development Committee is responsible for the promotion, operation, community activities, incentives of X METAVERSE PRO tokens, and cooperation in various large-scale industrial activities, etc. In addition, it is responsible for raising digital assets for community development and construction.

(6) General Affairs Committee: The General Affairs Committee is responsible for the use and review of project-raised funds, the management of developer compensation, and the expenditure and review of daily operating expenses, etc.

(7) Community Development Committee: The Community Development Committee aims to serve the community, which is responsible for the community governance of X METAVERSE PRO and the maintenance of the technical forum, as well as the release of all community announcements and media cooperation.