Token mint 1,000,000,000 FNCY

Originally Posted: 2022.12.07 00:55 (Asia/Seoul - GMT+09:00)

1. Applicable Date(s)

Dec 02, 2022 ~ Dec 02, 2022

2. Announcement Type

Reporting results

3. Mint Type

Token Generation

4. Purpose of token mint

The FNCY Mainnet has officially launched! And along with the FNCY Mainnet launch and rebranding of CUBE to FNCY, a new token of $FNCY was created and minted, with the old $ITAMCUBE token being burned.

Total Supply for $FNCY is 1/10 of the original Total Supply for $ITAMCUBE (1,000,000,000), with Max Supply that can ever circulate in the market being 2,000,000,000, as additional issuance beyond Total Supply exists (5 tokens per block).

The Initial Circulating Supply is 732,193,620. Out of the 732,193,620, Market supply 702,193,620 (Token Swap Supply + Mainnet Upgrade Supply) will publicly be available in the market, while the remaining 30,000,000 will be locked up for node validation for FNCY chain.

5. Details

Token: FNCY Mint Amount (Tokens): 1,000,000,000

6. Other relevant information

FNCY seeks to realize “Blockchain in Everyday Life,” and the FNCY Mainnet is able to bring us one step closer to achieving this mission. With the FNCY Mainnet, the high entry barriers of Web 3.0, such as high costs, low throughput, frequent outages, and security issues, can be solved.

Details of FNCY can be found here : https://whitepaper.fncy.world/

Holders of $ITAMCUBE on centralized exchanges (MEXC, Coinone, Gate.io) will have their tokens automatically swapped to $FNCY.

Those holding the old $ITAMCUBE token on personal wallets will be able to swap their tokens to $FNCY on the FNCY Bridge : https://fncy.world/defi/bridge/info