Letter to Investors

Dear Investors,

I’m writing to inform you that as of January 9, 2025, we made the difficult decision to shut down Mainstream Labs.

Around three years ago, we started building Mainstream with a mission to make decentralized governance more accessible. This journey has been transformative for a 15-year-old – I grew tremendously as a person, and now have an education I cannot get anywhere else.

I'm grateful I was able to have this incredible experience before most people my age even enter the industry. The barrier to entry was not as high as it seemed, but the journey was every bit as challenging as advertised.

I've always viewed my work as something I "get to" do, not "have to" do. I believe the startup founder journey spans multiple decades, and this is only act one. For what's next, I'm going to continue trying to answer the question of who I want to be, and I will make sure you remain a part of this journey.

Presidio Legal will be in touch early next week regarding our wind-down process and the distribution of remaining assets.

With sincere appreciation,

Byeongjun Moon
Co-Founder, Mainstream Labs