# The First Season: 2023

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To celebrate the launch of NEOPIN Membership, we’re giving away a portion of the $NPT marketing token allocation to users who participate in the global Permissioned DeFi platform NEOPIN!

Season 1 marks the introduction of our exclusive Membership perks. This is only the beginning of our journey to become the world’s leading Permissioned DeFi (regulated DeFi) platform. Be part of this exciting journey. Join the NEOPIN community today and help shape the future of DeFi!

With recent downfalls of centralized cryptocurrency exchanges and platforms, DeFi has seen a notable increase in transactions and volume. The failures of centralized entities have highlighted the importance of adhering to the industry’s fundamental principles of decentralization **— not your keys, not your crypto.**

Despite the rapid growth of DeFi within the cryptocurrency industry, it has encountered regulatory challenges. To ensure compliance with regulations while maintaining decentralization **— NEOPIN adheres to Anti-Money Laundering (AML), Know Your Customer (KYC), and Financial Action Task Force (FATF) regulations.** We firmly believe that DeFi can only achieve mainstream adoption by adhering to regulatory requirements. This belief underlies our strategic approach in developing a global CeDeFi platform, NEOPIN.

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*The Membership Season 1* [*Sign-up Campaign*](https://medium.com/neopin-official/neopin-membership-season-1-sign-up-now-for-a-free-gift-box-6b21c4dce46c) *ended on September 26th at 00:00 UTC.*
{% endhint %}

{% hint style="info" %}
*The Points Booster event on Season 1 will not factor into the NEOPIN Club Membership points calculation.*
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