16,595,296.08 FNCY coins will be released on January 31, 2023.
The token release is composed of the following:
- Service Growth Fund : 990,000
- Ecosystem Growth Fund : 2,247,046
- Team : 1,500,000
- Partners : 11,858,250.08 (Dec. 2022 vested supply remaining in Foundation wallet)
The purpose of this token release is in accordance with the token allocation announced prior.
5. Token Release Details
Allocation: Service Growth Fund, Ecosystem Growth Fund, Team, Partners
2023.01.31 Release Amount: 16,595,296.08
Wallets to Release From:
- Service Growth Fund : 0x16a60229954746eb987c3ec6dfd53645ca4c956f
- Ecosystem Growth Fund : 0x953949741958d2c3305c63c5eefe6390bb113ab6
- Team : 0x6872a06b200f89d303fa8bc3bcf541728505fe2c
- Partner : 0x8f7304639dff41203143fd63f37a144bb12bba66
Total Supply : 2,000,000,000 (Please note that the ‘Total Supply’ was announced as 1,000,000,000 in previous announcement, but this did not include the additional 5 FNCY coins that are continuously being minted per block. Thus, the ‘Max Supply’ of 2,000,000,000 has been inputted).
Circulating Supply (Before Token Release) and Token Supply (After Token Release) includes the additional FNCY coins that are continuously being minted. The number is based on 2023.01.31 15:00 KST, which equates to 8,622,000 FNCY coins.
Moreover, remaining vested supply of FNCY coins that were originally scheduled to be released in December of 2022 will also be released on this date (11,858,250.08 FNCY coins).
*Regarding 'Partner' coins, minor margin of error less than three decimal points can occur due to technical limitations.