# 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)