FUNToken Launches Foundation to Drive Ecosystem Growth and Decentralization

FUNToken has unveiled the FUN100x Foundation, a non-profit entity tasked with safeguarding the protocol's long-term integrity and decentralization. The foundation will steward open, permissionless infrastructure while allocating a $10 million fund to community-driven initiatives.

Funding decisions will be democratized: projects submit proposals, FUNToken holders vote, and the most impactful ideas receive backing. The foundation's mandate spans nine Core pillars, including neutral stewardship of core technology, ecosystem security, and equitable access to the digital economy.

'We're committing resources to accelerate growth, but the community will determine their use,' a foundation representative stated. The initiative aims to foster developer innovation through transparent governance and open-source support.