Important Update for Freeway Global Users.

11 Nov 2022, 18:33

📢 Important Update for Freeway Global Users We are pleased to update Freeway Global users on the steps taken in the past week towards resuming Supercharger simulation buy-backs, and making our new Earn & Protect and Direct Algo Licensing products available. Before we jump into the update in detail, we’d like to note that Freeway’s corporate funds did not have any exposure to FTX, the FTT token, Alameda Research, or BlockFi. Evidently, the bear market has precipitated a raft of major company failures in the crypto space. Fortunately for Freeway, however, we still have the technology, the capability and the partners to navigate our way back to full profitability and to achieve our aim of full Supercharger buy-backs. Earlier this week we brought together key algorithmic trading experts to take a full deep dive into what happened, where we are now, what has been done to ensure it cannot happen again, and to finalise the recovery plans that will use the algorithms to trade Freeway’s corporate funds to a more robust position and resume full Supercharger buy-backs within realistic timeframes. This is a major operation that involves checking on huge numbers of trades, looking into the crypto-margin accounts and why the combination failed given the macro market conditions and ensuring the new strategies are fully protected against a repeat of this unfortunate event. In-depth reports will be compiled over the coming weeks and we expect interim reports in the meantime. Because interim reports can be superseded by final ones, we will limit the full communication of the information to one-on-one briefings with an NDA in place initially. When we have the full and final reports, we will publicly brief the wider community wherever possible. Alongside securing multiple avenues of funding and revenue to resume Supercharger buy-backs and waiting on the full reports with timelines, we are also working to hire a Senior FX algorithmic risk analyst to work directly with our trading partners to monitor risk at all times. Looking to the future and accelerating the recovery plans, we are developing the Earn & Protect product (unrelated to Supercharger simulations) with the goal of being inherently low-risk and safe, by aiming to limit the maximum loss to which any eligible and approved applicants could be exposed at just 2%, but with the potential upside to earn up to 15% per annum in growth. The exact availability timings and eligibility conditions will be forthcoming ASAP. Furthermore, we have greatly accelerated the direct licensing of our FX algorithms, which remain entirely unaffected by recent events. Eligible and approved applicants can now open AuBit Prime brokerage accounts. Users can choose their own clear risk and reward options across multiple sub-accounts using hard-stop losses managed via the brokerage. A minimum of $50,000 must be deposited into each account to qualify. Finally, we are delighted to confirm the arrival of the Freeway Future Foundation which has been incorporated today. This independent foundation company will have the mandate to buy back Freeway Supercharger simulations and we plan to privately finance the foundation from other business profits of the Freeway stakeholders and partners, unrelated to Supercharger simulations, to shorten the timeline by which full Supercharger simulation buy-backs can be resumed. We will inform all users when the foundation is ready to commence its independent Supercharger buy-back activities. If you would like more information on Earn & Protect or an AuBit Prime brokerage account with direct licensed FX algorithm access, email us on : access@freeway.io We sincerely appreciate the continued support of the Freeway Community and will send a further update when we have more news or developments to report.

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Freeway TokenFWT #1904

11 Nov 2022, 19:43

We are pleased to update Freeway Global users on the steps taken in the past week towards resuming Supercharger simulation buy-backs, and making our new Earn & Protect and Direct Algo Licensing products available. 1/19

We are pleased to update Freeway Global users on the steps taken in the past week towards resuming Supercharger simulation buy-b