# Token Release Schedule (01 January 2023 - 31 December 2023)

## 1. Release Period

Jan 01, 2023 \~ Dec 31, 2023

## 2. Total amount of Token Release

205,474,046.6 (27.22 % of current circulating supply)

## 3. Token Supply

Projected Total Supply: 2,000,000,000

Circulating Supply (Before Token Release): 754,851,786.8

Token Supply (After Token Release): 960,325,833.4

## 4. Purpose of Token Release

Token Swap (Initial Circulation Supply)\
Partner\
Service Growth Fund\
Ecosystem Growth Fund\
Team\
Reserve\
Block Minting Reward(5 FNCY per block) 

## 5. Token Release Details

**Token Circulation**\
Total supply: 1,000,000,000 + 4,212,000 = 1,004,212,000 (As of December 31, 2022, 23:59 KST)\
\&#xNAN;*(UTC Standard - Total supply: 1,000,000,000 + 4,266,000 = 1,004,266,000 (As of December 31, 2022 23:59 UTC)*\
**Current Circulation Supply(As of Q4, 2022):** 750,639,787 (Current vested amount out of 1,000,000,000) + 4,212,000 (Additional minted amount as of December 31, 2022, 23:59 KST) = 754,851,786.80\
**Total Circulation Supply(After Token Release):**960,325,833.40 (Estimate)\
\
\&#xNAN;**\[Q1, 2023: 2023-01-01\~2023-03-31]**\
Token Swap (Initial Circulation Supply) - 0\
Partner - 18,446,167\
Service Growth Fund - 2,990,000\
Ecosystem Growth Fund - 6,247,046\
Team - 1,500,000\
Reserve - 0\
Block Minting Reward - 12,960,000\
Expected Circulating Supply, Q1 2023: 42,143,212.80\
Accumulated Circulating Supply as of Q1 2023: 796,994,999.60\
Total Foundation Balance: 220,177,000.40\
\
\&#xNAN;**\[Q2, 2023: 2023-04-01\~2023-06-30]**\
Token Swap (Initial Circulation Supply) - 0\
Partner - 36,892,334\
Service Growth Fund - 3,000,000\
Ecosystem Growth Fund - 6,000,000\
Team - 1,500,000\
Reserve - 0\
Block Minting Reward - 13,104,000\
Expected Circulating Supply, Q2 2023: 60,496,333.50\
Accumulated Circulating Supply as of Q2 2023: 857,491,333.10\
Total Foundation Balance: 172,784,666.90\
\
\&#xNAN;**\[Q3, 2023: 2023-07-01\~2023-09-30**\
Token Swap (Initial Circulation Supply) - 0\
Partner - 18,446,167\
Service Growth Fund - 3,000,000\
Ecosystem Growth Fund - 6,000,000\
Team - 1,500,000\
Reserve - 0\
Block Minting Reward - 13,248,000\
Expected Circulating Supply, Q3 2023: 42,194,166.80\
Accumulated Circulating Supply as of Q3 2023: 899,685,499.90\
Total Foundation Balance: 143,838,500.10\
\
\&#xNAN;**\[Q4, 2023: 2023-10-01\~2023-12-31]**\
Token Swap (Initial Circulation Supply) - 0\
Partner - 36,892,334\
Service Growth Fund - 3,000,000\
Ecosystem Growth Fund - 6,000,000\
Team - 1,500,000\
Reserve - 0\
Block Minting Reward - 13,248,000\
Expected Circulating Supply, Q4 2023: 60,640,333.50\
Accumulated Circulating Supply as of Q4 2023: 960,325,833.40\
Total Foundation Balance: 96,446,166.60\
\
FNCY holds 220,177,000.40 tokens as of Q1 2023.\
\
A total of 205,474,046.60 tokens will be in circulation from Q1 '23 to Q4 '23.\
\
In the case of the Block Minting Reward wallet, there may be slight differences in numerical values depending on the network situation, which may cause differences in the expected distribution quantity and accumulated quantity. Any changes to the numbers will be notified to the community.


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