Official Announcement from Zipmex

July 27, 2022

We’d like to share two recent events with our users. 

Another MOU

On Sunday 24 July we announced the signature of a first MOU. Today, we’ve signed another MOU to inject a large amount of fresh capital into the company. An MOU or Memorandum of Understanding is a document that describes broad outlines of an agreement that two or more parties have reached. 

An initial capital deposit into Zipmex has been made by a potential investor as a show of interest in an investment into Zipmex. Zipmex and the potential investor will proceed to discuss the definitive agreements and hope to expedite the capital injection.

Investment in ZMT

An investor group led by existing Zipmex shareholders has injected new capital to invest in Zipmex Token (ZMT), demonstrating investors’ confidence in the potential of ZMT as we remain committed and continue to build on our product roadmap. 

ZMT will continue its development plans to capture the emerging opportunities to enable ZMT holders to access these latest products and services. 

Zipmex Token (ZMT) Half Year 2022 Roadmap

  • ZLaunchpad – get early access to IDOs
  • Zixel by Zipmex platform – get exclusive NFT airdrop and whitelist
  • Global exchange listings – make ZMT accessible to users worldwide

There’s still work to do, and we’re busy rebuilding a more robust and ultimately stronger company. We want to thank every one of our users, investors, and supporters for being patient and backing us up as we take Zipmex into the next stage of the company’s evolution.

Please stay tuned for more official updates from us. We thank you for your support and patience. 

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

RISK WARNING ON DIGITAL PAYMENT TOKEN SERVICES

The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of Zipmex.

Before you pay Zipmex any money or DPT, you must be aware of the following.

  1. Zipmex is not currently licensed by MAS to provide DPT services. This means that you will not be able to recover all the money or DPTs you paid to Zipmex if Zipmex’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Zipmex.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that Zipmex may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
  5. DPT held in your Hosted Wallet is not subject to the Singapore Deposit Insurance Scheme (“SDIC”) or any similar insurance or guaranty scheme of any other jurisdiction. In addition, funds stored in your Fiat Wallet do not benefit from the SDIC or any similar insurance or guaranty scheme of any other jurisdiction.

ZipUp+ products have not been approved by the Monetary Authority of Singapore (“MAS”) under the Payment Services Act 2019 and MAS has not reviewed or approved any features of these product offerings. Please review this link for the full terms and conditions and risk disclosure.