LINE NEXT, the development company of Finschia, successfully secured an investment of 180 billion KRW

LINE NEXT, the development company of Finschia and an active member of the Finschia governance, has successfully attracted a 180 billion KRW investment from the global private equity fund (PEF) manager Crescendo Equity Partners and a consortium. This investment amount is the largest in the Asian blockchain and Web3 industry this year, marking a significant milestone for the Finschia Foundation in solidifying a robust foundation to achieve the core partner’s goal of ‘Web3 popularization.’

LINE NEXT and Crescendo Equity Partners, as governance members of the Finschia Foundation, plan to contribute to the expansion of the Finschia ecosystem.

> Read More : LINE NEXT Raises USD140 Million to Expand Web3 Ecosystem

 

Finschia Public Launch and Ecosystem Expansion Plan

Recently, Finschia announced plans to evolve into a public chain by opening up public endpoints for external developers. Once these endpoints become available, anyone will be able to freely develop dApp services based on the Finschia platform.

Furthermore, Finschia has unveiled five strategic plans for ecosystem expansion

1. Onboarding a large number of enterprises in collaboration with LINE Web3 Business.
2. Establishing an Eco Fund to select and nurture key dApp sectors.
3. Listing on global Centralized Exchange (CEX) and Decentralized Exchange (DEX) platforms.
4. Operating permissionless CosmWasm contracts to enhance blockchain functionality.
5. Strengthening network interoperability.

> Read More : Finschia 2024: A Public Blockchain, Expanded dApps and More

 

FNSA is now listed on Coinone, LBank and BitMart

FNSA is now listed on Coinone, which support for KRW trading and global exchanges LBank and BitMart. Moving forward, we aim to rapidly increase the number of exchanges supporting FNSA trading to enhance liquidity and strengthen the Finschia ecosystem.

 

Finschia Creator Initiative

Starting from December 13th, the Finschia Foundation is launching the ‘Finschia Creator Initiative’. This program encourages users to create and distribute content related to Finschia. By creating or sharing content, users can contribute to the growth of the Finschia ecosystem. Outstanding contributors will be rewarded with ‘contribution-based rewards’, receiving FINSCHIA (FNSA) as an incentive.

• Total Prize: 520 FNSA
• Program Period: December 13, 2023, to January 14, 2024
• Winner Announcement: February 1, 2024

Many influencers have already began actively promoting the ‘Finschia Creator Initiative’ since its pre-announcement. Their efforts had led to Finschia gaining visibillity on various platforms including YouTube, blogs, Telegram, Twitter, and others.

How to Participate in ‘Finschia Creator Initiative’

1. Create and post your own content, or share content created by others.
2. Complete and submit the program participation application form available at https://forms.gle/XHBBurxf1Q4y82Pt8.

Don’t miss your chance to earn 3 FNSA simply by sharing content! Participating in the ‘Finschia Creator Initiative’ is a great opportunity to engage with the community and earn rewards.

> Learn More About the ‘Finschia Creator Initiative: Introducing the ‘Finschia Creator Initiative’

FNSA Overview

 

❖ Data is based on the last day of each month.

■ FNSA Market Cap: 197.36mn USD

■ FNSA Price: 26.73 USD

■ Monthly Trading Volume: 90.30mn USD

■ Circulation: 7,384,738 FNSA

■ Monthly NFT Circulation: 354,434

■ Listed Exchanges: LINE BITMAX, Bithumb, Coinone, Gate.io, HTX, LBank, BitMart

 

 

 

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**Disclaimer: This newsletter is issued by Finschia Foundation, the operator of Finschia mainnet and the issuer of FNSA. It provides information about the business and services related to the Finschia ecosystem. Please note that the business entities may vary depending on the service.