MileVerse Project: 2023 Second Half-Year Report

We are pleased to present our report summarizing key developments and achievements in the latter half of 2023. This document outlines our progress in product development, business milestones, and roadmap adherence.

1. Product Development Progress

Service Development:

- Withdrawal Service Launch: Enabled withdrawal services for enhanced user flexibility.

- Expansion of Barcode Payment Merchants: Increased the number of merchants accepting barcode payments.

- Addition of Delivery Products & Special Discount Section: Introduced delivery products and a special discount area for unique offers.

- Enhancement of Reward Program: Expanded the range of affiliate partners in the reward program.

- MVC Shopping Section: Launched an exclusive shopping area for MVC users.

UI/UX Improvements:

- Focused on enhancing user interface and experience to improve customer satisfaction and ease of use.

2. Business Progress

App Downloads and User Engagement:

- Achieved over 650,000 app downloads and 100,000 Monthly Active Users (MAU) across Play Store and App Store.

Content Service Commercialization:

- Expanded services beyond the roadmap’s shopping mall linkage to include MVC-exclusive shopping areas and special discount sections for corporate exchange clients.

3. Roadmap Compliance and Development

Achievements:

- Provided shopping mall-linked services.

- Surpassed 500,000 and then 600,000 in accumulated app downloads.

- Achieved MAU goals of 50,000 and then 60,000.

- Expanded payment brands within our merchant network to 20.

Areas of Ongoing Development:

- Expansion of corporate point partnerships to 10 (Currently at 7 partnerships).

- Development of third-party apps utilizing MVP is ongoing, to be completed in 2024.

- Further integration of corporate points and negotiation with additional companies in progress.

- Offering of membership subscription services is pending due to card payment issues.

Our team remains committed to continuous improvement and expansion of our services. While we have achieved significant milestones, we are also actively working towards fulfilling our remaining objectives as outlined in our roadmap.

Thank you for your ongoing support.

Sincerely,

MileVerse Team!