Page 2 Our primary focus is on connecting with web3, particularly within the ethereum and zksync ecosystems. We wont ignore BSC but its extremely important to focus on Ethereum. We want to assure you that our ongoing efforts will position our L1 more like Ethereum and Binance Coin (BNB). With similar initial funding and architecture. In conclusion, it's crucial to acknowledge that a lot has been happening, and now our task is to consolidate everything under the name of Credit. This is not a new project, but rather an integration of existing initiatives. The ultimate outcome will provide us with two essential things: 1) Funding and 2) A means to onboard the world. For our seed phase funding, we will adopt two approaches. Firstly, we will work with our own private angel investors to raise the initial capital. Additionally, we will allocate a percentage of funding to the public through a fair launch on the Pink Sale ecosystem. We are registering companies and getting ready for the series A. If we are lucky we might be able to do it all this year, but in the short term for Q3 we expect to gain the full 1M seed and allow for infinite oversubscription on the public sale. If you need to try to visualize it, think trust wallet or metamask but with a lot of services added. Tomorrow we will update you on some of the more specific changes we will be making before we kick off the series A funding. But we can discuss that all in person at the twitter space on Friday. In the mean team we ask that the community works with us to promote the fair launch part. There will be a range of benefits for participating in the fair launch, this will include early access to the MVP. We expect these activities to kick off end of the month or early next month. As a current holder of CREDIT you will only be affected positively, these technical changes wont affect you. ie: You will login one day and you wont see any change, but behind the scenes everything will be done. So no one can miss out etc, or lose out or be overlooked. The beauty of EVM is that its all very interoperable.

Update 2 - Page 1 As we are aware, the Dao has been planned since 2022 and there was an expectation that it would attract investments once delivered. However, as mentioned in update 1, there is little to no incentive for such investments. The purpose of the Dao was to address this issue by offering a means to invest in the project and gain a stake in governance. However, the native token did not play a significant role, and the community has yet to fully embrace this new approach. Apart from the Dao, the founder has been working diligently throughout the year on a "tool" that aims to connect every blockchain to credit, creating a fast and free transaction superhighway. The most effective way to deliver this tool is through a decentralized wallet in the form of a self-custody app. Such an app would incorporate various additional services, easy storage, DeFi, NFTs, visa cards, merchant payment networks, and remittance. In essence, it would be an all-in-one solution for financial services—a bank-like alternative that caters not only to the unbanked but also offers an appealing option to traditional banking. The main focus of this tool is to enable basic fee-free and instant payments. This tool has been thoroughly conceptualized, branded, and prepared for funding. Originally, the plan was to deploy this tool on credit and utilize our blockchain to facilitate all transactions, even those involving VISA card payments. We have previously implemented a similar concept with our previous dex, Terrabit. However, it was limited to third-party services. To summarize, I have been engaged in raising funds within the framework I have devised. However, as negotiations progressed, the emphasis has consistently shifted towards credit. So I have had to explain, yesterdays update, on numerous occasions. The app is a start-up but Credit is five years old, with thousands of holders and millions of wallets. In other words, the interest lies in the native credit and building the app in a way that the primary token used is CREDIT, rather than introducing a new utility token that serves the dex/app ecosystem discussed earlier. This is our current situation. I am currently reorganizing the existing work to focus on the credit native token, which now enables direct funding in the name of the project. By being the owners of this app, we will be able to generate profit, making investment a viable option. At this stage, we can only provide broad details, but by the end of next week, we will be able to share more information about this new product and how it will drive mass adoption. It is important to note that this advanced solution requires a significant amount of work and, most importantly, a substantial amount of funding. The majority of the funds raised will be allocated to a trust that ensures sufficient liquidity for the users and markets of CREDIT. Our current goal is to begin active fundraising in our seed phase, aiming to raise $1 million USD. This will pave the way for series A funding, with a target of $100 million USD by the end of the year. Work has already commenced on the minimum viable product (MVP), which serves as a demonstration of how the app will function. Once we secure the $1 million seed phase funding, we will proceed to develop the fully decentralized version that will connect to all major cryptocurrencies, providing a safe and secure entry and exit onto CSC. The second phase of development will follow after the completion of series A funding and will focus on additional services, as well as addressing legal, compliance, and liquidity aspects that were previously discussed. There will be numerous changes before the end of the year, but as a user, you will hardly notice them. CSC will undergo significant upgrades in terms of its consensus and validation systems. These changes will enhance the opportunities for direct investments into the blockchains built on Credit.

Page 2 Our primary focus is on connecting with web3, particularly within the ethereum and zksync ecosystems. We wont ignore BSC but its extremely important to focus on Ethereum. We want to assure you that our ongoing efforts will position our L1 more like Ethereum and Binance Coin (BNB). With similar initial funding and architecture. In conclusion, it's crucial to acknowledge that a lot has been happening, and now our task is to consolidate everything under the name of Credit. This is not a new project, but rather an integration of existing initiatives. The ultimate outcome will provide us with two essential things: 1) Funding and 2) A means to onboard the world. For our seed phase funding, we will adopt two approaches. Firstly, we will work with our own private angel investors to raise the initial capital. Additionally, we will allocate a percentage of funding to the public through a fair launch on the Pink Sale ecosystem. We are registering companies and getting ready for the series A. If we are lucky we might be able to do it all this year, but in the short term for Q3 we expect to gain the full 1M seed and allow for infinite oversubscription on the public sale. If you need to try to visualize it, think trust wallet or metamask but with a lot of services added. Tomorrow we will update you on some of the more specific changes we will be making before we kick off the series A funding. But we can discuss that all in person at the twitter space on Friday. In the mean team we ask that the community works with us to promote the fair launch part. There will be a range of benefits for participating in the fair launch, this will include early access to the MVP. We expect these activities to kick off end of the month or early next month. As a current holder of CREDIT you will only be affected positively, these technical changes wont affect you. ie: You will login one day and you wont see any change, but behind the scenes everything will be done. So no one can miss out etc, or lose out or be overlooked. The beauty of EVM is that its all very interoperable.

Please don't use the bridge, we are doing some extensive upgrades and you may experience issues. Its a fail safe system, once we have sorted out the work we are busy with you will be able to claim your coins. Kindly allow 24-72 hours for this issue to be solved.

Please don't use the bridge, we are doing some extensive upgrades and you may experience issues. Its a fail safe system, once we have sorted out the work we are busy with you will be able to claim your coins. Kindly allow 24-72 hours for this issue to be solved.

Please don't use the bridge, we are doing some extensive upgrades and you may experience issues. Its a fail safe system, once we have sorted out the work we are busy with you will be able to claim your coins. Kindly allow 24-72 hours for this issue to be solved.

Please don't use the bridge, we are doing some extensive upgrades and you may experience issues. Its a fail safe system, once we have sorted out the work we are busy with you will be able to claim your coins. Kindly allow 24-72 hours for this issue to be solved.

Update 1: Why have we not been able to raise funds yet? To raise funds, you need capital. This is especially true for crowdfunding initiatives like ICOs, where regular individuals invest and receive tokens in return. The same principle applies to venture capital, but with an additional requirement. VCs seek tokens and equity, which implies a desire for a controlling share in the company. Now, let's review some pertinent facts: 1. Credit Smart Chain is not a conventional company; it operates as a decentralized research project. 2. The Credit team has never allocated any portion of the token supply to themselves or for fundraising purposes. 3. The founder holds some coins, but they have been locked up for validation for many years. 4. Credit currently lacks a revenue model and has not generated any profits. 5. Holding 1 CREDIT grants the holder access to 47,000 transactions. Summary: Credit does not possess any tokens to offer as an investment opportunity, nor does it have any profits to support a return on investment. However, CREDIT is significantly undervalued, presenting a potential for value appreciation. Nevertheless, this involves a speculative element similar to trading, so investing based solely on speculation categorizes one as a trader. Continuation: Why don't VCs simply purchase tokens on an exchange? While that is an option, liquidity issues prevent them from acquiring a sufficient amount, and the funds they spend would not benefit our team in any way. Instead, the funds would go to users, as the team has no tokens available for sale. Are these issues capable of jeopardizing the project? No, the founder possesses the ability to sustain the operations indefinitely. However, there are limitations. Rapid growth is currently not feasible, and it is crucial for us to commence our efforts soon. Merely waiting for a stroke of luck is no longer a viable option. Therefore, in its present state, the Credit team cannot benefit or obtain financial resources in any way. This aspect was not initially considered, and until now, five years later, it has not been as crucial a requirement as it is today. The team, the founder, and the entire community believe that our success is long overdue. So let's prepare for Update No. 2, which will be released within 12 hours. We assure you that these problems can be resolved, and we eagerly anticipate demonstrating how.