Dear Epic Cash Community Members:. I hope this message finds you all in good spirits and health.

10 Aug 2023, 21:48

Dear Epic Cash Community Members: I hope this message finds you all in good spirits and health. I'm reaching out to shed light on the journey and purpose of the EIOU tokens and to update you on our recent efforts to uphold our collective community commitments. EIOU tokens emerged in the wake of the Value overflow incident in March 2021, mirroring an event BTC faced in 2010. This incident led to the circulation of counterfeit Epic Cash on an exchange, incurring a loss of roughly 6 BTC. To address this setback, the community, rallied together, issuing EIOU tokens as a means of compensation for the impacted traders and investors. Subsequently, as the Epic Cash community ventured into new exchange listings, committed to research & development endeavors, and amplified marketing activities, the role of EIOU evolved. This token became a token of gratitude and appreciation, awarded to our amazing supporters, emphasizing the collective spirit and dedication of our community. EIOU tokens were initially introduced to symbolize a collective community commitment equivalent to $1 per token, aligned with the vision of the then-anticipated Epicenter DAO. This DAO, once launched, would ensure EIOU holders received $1 in Epic, as funding increased. Although unforeseen regulatory challenges have paused the DAO’s establishment, the community, as a united front, remains steadfast in recognizing and honoring the value of EIOU tokens. A Recap of the EIOU Buyback Initiatives: In the span of the last eight months, the community has successfully executed three EIOU Buybacks: 1) December 16, 2022: A redemption of 10 EIOU for 25 EPIC for each of the first 25 participants. 2) March 28, 2023: A redemption of 100 EIOU for 58 EPIC, for each of the first 100 participants. 3) May 9, 2023: A redemption of 100 EIOU for 80 EPIC for each of the first 100 participants. Key Statistics: - Total EIOU Redeemed: 13,418 - Total EPIC Distributed: 9,481.4 - Overall Redemptions: 151 With the dedication and effort of our community volunteers, we are in the process of formulating new strategies for future EIOU redemptions. This underscores our unwavering commitment to every EIOU token holder. Your continued trust, involvement, and belief in the Epic Cash mission propel us forward. Together, as a united community, we continue to shape a promising and dynamic future. Warm Regards, El McMurphy