fanC integrates Web2 and Web3 technologies to connect creators, users, and social platforms, facilitating content ownership and user participation in platform operations with profit-sharing mechanisms. The initiative is designed to promote a new generation of social AI platforms through participant interconnection, the protection of creator rights, and enhanced user engagement. Mr. David Lee, the CEO of the fanC Foundation, possesses a diverse background in Computer Engineering and Finance. He spearheads innovative projects that leverage blockchain technology alongside financial services. fanC provides CELEBe, a rewards platform, and the fanC Wallet, which enables point conversion and virtual asset management, supporting multiple blockchains and offline payments. fanC's mission is to integrate various social platforms with Web3 technology, ensure equitable compensation for both content creators and users, expand the Web3 experience, and contribute to the growth of the virtual asset market. The project aspires to create a digital platform that allows users and creators to communicate and collaborate freely, enhancing digital experiences and creative activities while making social media interactions more meaningful and rewarding.

fanC features the CELEBe platform and fanC Wallet. **CELEBe** CELEBe is a short-form rewards platform that acknowledges the value of its viewers by enabling them to earn rewards while watching content. It introduces a groundbreaking Watch to Earn (W2E) system, the first of its kind in South Korea, where viewers accumulate points by watching short-form videos. The platform includes CELPICK, a voting game, and Shortply, a curation service set to launch soon, both aimed at fostering a sustainable ecosystem for viewers and creators alike. With a membership exceeding 7.5 million and a noteworthy increase in user engagement (app retention surged from 5% to 20% within a year), CELEBe is dedicated to nurturing a dynamic community. It also incorporates a Create to Earn (C2E) model, providing rewards to creators and enabling point exchanges via the fanC Wallet. **fanC Wallet** Points accrued through CELEBe activities can be converted into fanC tokens using the fanC Wallet. The fanC Wallet, developed by fanC, serves as a virtual asset wallet that facilitates virtual asset storage, point swapping, Dapp, and third-party app connectivity. It supports multiple blockchains, including Ethereum and the fanC Token, and can store fanC Point, CELEBe Point, and DAEMDAEM Point (Tmoney). The fanC Wallet provides a seamless environment for utilizing tokens and points within the fanC ecosystem. Users can effortlessly exchange tokens for points and use them for payments or discounts at partner locations. The wallet supports offline payments and discounts, utilizing tokens and points on mobile devices, with future expansion plans to include PCs and other web browsers.

2021, Q1 - Q3 * Initiation of fanC * CELEBe's entry into the Vietnamese market * Formation of fanC Team infrastructure * Publication of fanC White Paper and Roadmap V1.0 * Completion of Stepping Stone's 'Celpporters' Phase 1: Provided prizes and giveaways for creators 2021, Q4 * Conducted audit of the fanC Token smart contract * Developed NFT marketplace based on Ethereum network * Developed NFT minting smart contract on Ethereum network 2022, Q1 * Released beta version of the Ethereum network-based NFT marketplace * Launched NFT minting service on Ethereum network * Introduced the Connected Point system * Stepping Stone 'Celpporters' Phase 2: Supported creation of 7,105 pieces of content and activities by 257 creators 2022, Q2 * Launched fanC NFT marketplace named 'fanCPlace' * CELEBe's entry into the Thai market * Stepping Stone 'Celpporters' Phase 3: Supported creation of 23,571 pieces of content and activities by 363 creators 2022, Q3 * fanC listed on MEXC in Singapore * fanC listed on Huobi Global (HTX) * fanC listed on CoinDCX in India * Introduction of fanC Mystery BOX * Stepping Stone 'Celpporters' Phase 4: Supported creation of 8,018 pieces of content and activities by 230 creators * Execution of Stepping Stone's support program for individual creators through partnerships with MCN companies: Supported creation of 13,089 pieces of content and activities by 106 creators 2023, Q1 * CELEBe's entry into the Indonesian market * fanC listed on LATOKEN * fanC listed on Bithumb in South Korea 2023, Q3 * Renewal of CELEBe W2E * CELEBe's entry into the Philippine market * fanC listed on the Coins.ph exchange in the Philippines * Launch of CELEBe on LG SmartTV platform WebOS 2023, Q4 * Launch of fanC X DAEM DAEM point conversion service * Introduction of AI-based inappropriate content detection system * Introduction of AI-based system to detect fraudulent user activity history 2024, Q1 * Partnership established between CELEBe and Amazon India * Partnership established between CELEBe and Grab Indonesia * Partnership and integration developed between CELEBe and TrueMoney Thailand * Partnership established between CELEBe and Grab Thailand * Partnership established between CELEBe and Lazada Thailand * Partnership established between CELEBe and 7-Eleven Philippines * Partnership and integration developed between CELEBe and ZaloPay Vietnam * Hosted a global meetup in the Philippines with fanC and Coins.ph * Introduction of AI-based content recommendation algorithm (customized content classification and recommendation system based on content themes and user history) * Introduction of AI-based content creator recommendation system (AI recommendation algorithm based on follow and video viewing history) * fanC listed on Indodax exchange in Indonesia

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