An Open Letter on the Impact of Netverse From the CEO of Phinge Corporation

INCLINE VILLAGE, Nev. - Rezul -- Hello,

I am writing this letter today to share with everyone why I conceived Netverse, and how through its participants, it will change the world forever.

First, I want to share why I believe we are all here. Everything we do today uses current technology, which has evolved over decades. From shopping, conversations, social media, messaging and more, most interactions are done through it. Most of its problems come through the way it was created. as it has evolved into an app-siloed environment. This current technology by extension is a single monopoly technology. We are all forced to interact with it. There are no other real options.

This monopoly has a duopoly of App-stores as its gatekeepers. They control most of the entry points and thus set the rules we must obey and live by. This has stifled innovation, not fostered it, and hinders businesses from growing, including their profits.

The emergence of AI and its lightning speed of continued growth has brought both seen, unseen consequences now and in the not-so-distant future. It has the ability to amplify all that is wrong with current technology including it uses by bad actors.

Netverse will be a new app-less technology, a new, alternative, universal platform if you will. Entry will be through Phinge mobile devices and hardware. This will create a platform where everyone in it is verified, including individuals, businesses, organizations, and entities, as well as any and all of their intellectual property (IP) owned by them. There will be no apps to download, install and update.

Through individuals' preferences and settings, Netverse's search engine, will have the option to only return search results from verified individuals, businesses, entities, organizations and others on it.

As good as its technology would be, I knew the business model had to be even better. It had to put individuals and businesses in the forefront.

Currently the duopoly of today's App-stores take between 15% and 30% of all in-app purchases. In Netverse all businesses will receive a minimum amount of free advertising for each offer, deal or advertisement they place through it. And when sales result directly from them, only then does Phinge take 10% at the point of sale. This will be a no-cost, risk-free way to generate sales for them. Netverse truly will partner in a way with its users and third party businesses and platforms.

Privacy was also the utmost importance to me when I conceived Netverse. All users will own, manage and have the right to monetize their own data at all times. Users share in a % of all sales revenue to Phinge through Netverse, brought in through their direct actions and interactions.

Netverse will be a platform by, of and for the people and everyone who are part of it. It will be the people who decide what it becomes, not the bad actors or bots.

The internet of today allows bad actors, either individuals hiding in anonymity or bots, domestically or from abroad, to influence individuals' behavior and actions even to the detriment of their own interests and well-being. Some seek to divide us. Bots act like firehoses of negative and false information to overwhelm the system, drown out individual voices, and attempt to influence certain behaviors, actions or outcomes.

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As a verified platform, Netverse through its patented hardware and technology, allows all voices to be heard, one at a time. No longer can the actions of the few drown out the voices of the many. This is not a black or white, left or right issue. This is an us issue. I believe people can have an exchange of ideas without the vitriol that plagues us today online.

We will not always agree and that is ok. Just like thoughts, beliefs and ideals do not come through by shouting, they cannot get through when bad actors overwhelm us to push an agenda, enabled and amplified through current technology and now AI.

Here are some of the ways a verified Netverse will create a safer environment than the technology we are all forced to use today:

• It will do away with impersonations of individuals and businesses. Currently that leads to kids being lured under false pretenses by child predators.
• It will meaningfully reduce impersonations, cyberstalking, bullying, spam, scams, ransomware and other bad and dangerous behavior, as no one can hide who they are. This does not mean Netverse discloses the personal information about its users to other users. It means all users and businesses are verified through Netverse so Phinge knows who they are. Individual users always decide who they share their identity with.
• Individuals buying products and services through Netverse, online or in person, can know the person they are meeting, are who they say they are. For example, if someone is buying a car from someone in person.
• No longer will 5 people show up on the same day to move into the same apartment due to a bad actor, non-owner, renting it multiple times.
• No more annoying texts and calls saying you risk arrest if you do not pay for some traffic ticket you never received.
• No worrying that someone will call pretending to be a loved one by spoofing their phone number and voice, saying they are in trouble and you need to send them money right away.

These actions rip at the heartstrings and prey on fear and need to be stopped.

Netverse will not stop all bad behavior and actions. What it will do is make people, businesses, and third-party platforms accountable for their behavior and actions, thus dramatically reducing them.

It is ok to disagree, have different politics, opinions and viewpoints. Today some people don't get past an opposing viewpoint or an affiliation to even get to know someone. My hope is that Netverse will foster conversations and interactions to bring us more together as a people and a community.

My vison when creating Netverse was to give society as a whole a better and safer option to the technology we are all trapped into using today.

My hope and belief is that when given the choice, people will choose to live, work and thrive in Netverse. Once they do, it will become glaringly clear how much we have all been negatively affected by the technology we've been using all these years.

The current internet and its technology will always be here, but now there will be a better, verified, and much safer alternative to it.

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At the end of the day the choice belongs where it should; with you, the hardworking, good people of the world, who want a safer place for themselves and their family. A place where parents can know their kids can learn, interact with friends and grow, without fear of being bullied or influenced by individuals who wish to do them harm. A place where businesses will not try to deceptively influence them for the benefit of their bottom line.

Netverse can change the world, but it will only happen through the people who join and live and work in it. The larger Netverse grows, the better it will become for everyone in it.

I hope that you will join me in this brand-new world.

I appreciate you and thank you for your time in reading this and I look forward to engaging in many future conversations with all of you.

Sincerely,

Robert DeMaio
President and CEO
Phinge Corporation

You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at

https://www.phinge.com

To get on a contact list please fill out the online form here

https://www.phinge.com/netverseai.html

About Phinge Corporation

Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.

Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.

Netverse will not be an App or Super App that resides on the major technology platforms of today.

Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable battery sensor screen modules for continuous usage without losing time listening to music, sports and the like. Smart Watches that never need to be physically charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.

Netverse will be a verified, centralized-decentralized platform.

Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.

Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.

Decentralized because all third party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.

Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.

Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.