UPDATE: Community Wallet Executions

ATSNFT Holders,

Since our initial mint, we have experienced tremendous growth across all of our business channels. I want to first recognize this, and congratulate the community as it has been a team effort. Some of these include:

• Increasing the minimum floor price from 0.05 ETH (at it's lowest during mint) to 0.21 ETH (as of today). With that, the floor is incredibly thin with only 4.4% of the collection listed on OpenSea and only 2.6% listed under 1 ETH. Further, all of the above happened in one of the worst crypto bear markets we have experienced in years, with most collections falling 50-60% in value.

• The owner count has increased from the low 700's to the high 900's, with 1000 owners coming likely later this month.

• Consistent community wallet royalties (50% of secondary sales) have been made into our Gnosis Safe, which now sits at approximately 94 ETH in value.

• ApeSpaces has grown into a massive marketing platform for our business, providing consistent marketing for our holders with no added expenditure from our community wallet.

• We have acquired multiple Metaverse properties (not intitially in our roadmap) without using our community wallet: Hippos x ATS NFT World, WenTopia NFT World, and our Otherside plot.

• We have given all holders a free h8r, h8rs chix, and 5 free NFTMaps Land claims.

• We were featured on Crypto Weekly Magazine as a "hidden gem" in the NFT Space

• We will reach 200 ETH secondary volume on OpenSea in the month of July.

• Verified on OpenSea.

There are many achievements and successes that have not been included in the above, but highlighting some key points is important to remember why we entered into this project initially and should be the reason you remain bullish on our future.

With that said, we have had some critical feedback from some of our largest holders in the community about executing community wallet expenditures and utilities when Ethereum is at 52-week lows.

Our prior successes has revolved around making smart business decisions, and strategizing these decisions to improve sustainability of the project for the long-term.

For the community Amazon FBA store, a capital injection of approximately $25,000 USD will be the optimal amount to begin operations.

When we initially minted, this would have removed approximately 8 ETH from our community wallet. As of today, this would remove approximately 21 ETH from our community wallet.

With that said, our team is working on multiple executions to provide value to holders that will not require any funds from our community wallet. We have a focus around executing these while proposals on community funded utilities are being voted on.

This vote will serve as my support (as a large holder in this community) to the view mentioned above about executing utility when Ethereum is at it's yearly lows.

With democratized decision making being an amazing part of our future, this will be left to our holders.

There will be 2 options to vote on:

1. Move forward with Amazon FBA store. This will require converting ETH to fiat currency (approximately $25,000 was suggested by our community expert) and execute the store on behalf the community.

2. Allow the Crypto markets to stabilize and execute the Amazon FBA store when Ethereum reaches $2,500 USD. This will only require 10 ETH to come out of our community wallet.

We will move forward with the majority decision.