At Ocean Money, we are constantly evolving to bring you the best financial services, and we are excited to share the latest updates on our progress. Here’s a glimpse of what’s happening behind the scenes and what you can expect in the coming months.
We are thrilled to report that Ocean Money has secured a strong and diverse range of clients, generating healthy revenue solely through our private exchange and OTC services—without any marketing efforts. We are actively working on expanding our licenses and approvals to enhance our service offerings even further across the globe.
Looking ahead, we anticipate steady month-on-month revenue growth. More importantly, we are gearing up for rapid expansion as we prepare to launch our public marketing efforts.
Our much-anticipated token launch is on track to take place within the next three months. Once the token is live, we will initiate a buyback program, with buybacks scheduled to occur quarterly.
We understand that some individuals have been waiting longer than expected for the token launch. To address this, we will offer the opportunity for token holders to receive a refund if they choose to exit. In response to feedback, we have also made changes to the tokenomics, reducing the overall supply. More details on the WAVE tokenomics will be available in a dedicated blog post soon.
Our plans to roll out crypto-backed cards are progressing smoothly. We have identified a strong partner to support our card offerings in the UK, EEA, and Switzerland. The timeline for the card rollout is currently set at 90-120 days, contingent on the successful completion of an investment round.
Next month, we will conduct a small-scale test batch, and we anticipate that everyone will have their Ocean Money card by January. This is an exciting step towards providing more seamless and integrated financial solutions for our users.
In addition to these developments, we are thrilled to announce a new partnership with a US-based bank. This collaboration will allow us to offer Ocean Money’s neobanking services to US-based clients starting in Q1 2025.
Moreover, we are working closely with their compliance team to explore the opportunity of integrating a joint crypto exchange with their banking services. This would further strengthen our offerings and provide our clients with even more financial options.
We are incredibly excited about the road ahead and the opportunities that lie in store for Ocean Money and our community. Your continued support and trust are what drive us to push the boundaries and deliver top-notch financial solutions.
Be sure to stay tuned for more updates, and keep an eye out for the dedicated blog post on WAVE tokenomics coming soon!
Thank you for being a part of the Ocean Money journey. If you have any questions or need more information, feel free to reach out to our team.
Best regards,
The Ocean Money Team,
info@ocean.money
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