Bitmax Listing - $250,000 Bitmax Liquidity Provision - $100,000 Market Maker Fees - $70,000 AMM Liquidity - $50,000 Employees Salaries (8 employees for 18 months) - $198,000 Hosting Fees and Contract Audits - $55,000 Marketing Fees (Community Building etc) - $66,000 Total = $789,000

A total of $650,000 has been raised and to cover the expenditure shortfall, RiveX has put in personal assets to support the project. Due to unforeseen circumstances, a hearty decision is made to shut down the project due to the lack of fundings and extreme market conditions.

RiveX is merely a startup and all startups shut down due to lack of fundings, what’s more in a horrendous market condition.

However there is a commitment of $164,500 to be distributed to selected addresses over a course of 36 months.

Thank you for your kind understanding.

This is a hearty farewell.