Important Announcement: The Magiccity team has completed the long-term lock-up plan for MCM tokens

Dear MCM (Rare Earth) community members:

In order to fulfill our commitment to the long-term development of the project, enhance community trust, and ensure the stability of ecological value, the Magiccity team successfully executed a significant token lock-up plan on June 11, 2025, at 04:25 (UTC+8).

The details of this lock-up are as follows:

1. Locked Amount: 19,500,000 MCM

2. Lock-up Period: 20 Years

3. Release Mechanism: Gradual release on an annual basis.

4. Transaction Hash:

4LjXhY5zdLoRpjkD9aLifzVhz9jAMQTjeiC4drY8jTCKrNX6BpS4pTnGfYrwXqqNP2UXSJuq6KeWNPCKGicJZJNt

Explanation of current and future circulation and lock-up plans:

• Current Maximum Circulation: After the completion of this lock-up, the maximum circulation of MCM in the current market is set at 1,000,000 MCM.

• R&D Team Token Lock-up:

◦ 500,000 MCM held by the R&D team will execute the lock-up plan in the near future.

◦ The lock-up period for this portion of tokens is 10 years.

Reiterating Our Commitment:

This action once again demonstrates the Magiccity team's firm determination for the long-term development of the project and our solemn commitment to the community. We will continue to optimize the project, promote ecological construction, and create sustainable value for all MCM holders.

Thank you for your trust and support for the Magiccity project!

Magiccity Team

June 11, 2025