Ecosystem Fund Formation Community Disclosure

Announcement of Fund Formation for Content Development and Onboarding Support for the FNCY Ecosystem

  1. Funding Period: 2024. 10. 10.

  2. Fund Size: 30,000,000 FNCY

  3. Source of Funding

    1. Source: Mined source from Validators 1/2/3 and portion of the Foundation’s unlocked source (The Validator's mined source will not be used for this fund after this funding, unless otherwise reported).

  4. Purpose of Funding

    1. Support for development and onboarding of content from verified external partners for the platform

    2. Marketing and activation support for onboarding content on the new FNCY+ platform

    3. Support for development and onboarding of mini content other than the main content

    4. Securing financial resources for fund sustainability

  5. Component of Funding:

    1. Grant Program: Development and onboarding support of new content - Game IP / Digital Contents IP

    2. Mini Contents Program: Support for development and onboarding of sub-contents other than the main content

    3. Marketing: Support for external marketing of the platform and the onboarding content

    4. Platform Reserve: Reserve funds for distribution and stable operation of each component

    5. Validator (locked): Secure ecosystem sustainability and financial resources through validator participation

  6. Details of Each Component - Total size of funding: 30,000,000 FNCY

    1. Main (Reserve): 0x12c20f31504a35db18b0b1c6a7ef7478d0913b0a

    2. Grant Program - Game IP: 0x266d810d8e2c0d181fe8a641c121882f0ffba5d3

    3. Grant Program - Digital Contents IP: 0xb8e96a9c442881c81d49fe1d5d5db7f95a7a80f9

    4. Mini Contents Program: 0x784775787e89e55ece468b095ade33fc3f08d836

    5. Marketing: 0x3f67431bd0821de14c4ce356f4ed2e94e3c85ea2

    6. Validator (locked): 0x405c8d6e3ec23d90ec1fda2ed567fe41207be0e2

  7. Ratio and Amount by Component

    Description

    Percentage

    Amount

    Grant Program (Game IP)

    35.0%

    10,500,000 FNCY

    Grant Program (Digital Goods IP)

    13.3%

    4,000,000 FNCY

    Mini contents (initial cost)

    5.0%

    1,500,000 FNCY

    Marketing

    10.0%

    3,000,000 FNCY

    Platform Reserve

    20.0%

    6,000,000 FNCY

    Validator - locked

    16.7%

    5,000,000 FNCY

    Total

    100%

    30,000,000 FNCY

    • Grant Program: Game IP, Digital Contents IP(non-game) development and onboarding support

    • Mini Contents Program: Content development support for sub-content apart from the main content

    • Marketing: Support for external marketing of the platform and the onboarding content

    • Platform Reserve: Reserve funds for distribution and stable operation of each component

    • Validator (locked): Secure ecosystem sustainability and financial resources through validator participation

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