Initial Funding for New Platform Community Disclosure

Disclosure on use of funds to secure initial operating funds for the new platform, Fananas (content delivery platform)

  1. Date of Funding: 2024. 10. 30.

  2. Size of Funding: 10,000,000 FNCY

  3. Source of Funding:

    1. Source: Foundation-owned account with unlocked source for the purpose of Foundation ecosystem activation - Ecosystem Growth Fund (0x0e20977fc54521c44cd6b605d7bcf942d3d6c3d2)

    2. Date: 2024. 10. 30.

  4. Purpose of Funding:

    1. For the purpose of exchanging content assets and utilizing content within the platform

    2. Ensuring stability of platform ecosystem resources

  5. Use Duration of Funding: When the platform is launched and content within the platform begins to operate (Operation period - TBA)

PreviousToken Release Schedule (18 October 2024)Next2024 November

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