Funding Transparency Statement v1.0

Purpose

This statement explains how funds received in support of the Retinecy Network Coin (RTNC) project are handled, used, and reported.

RTNC is a transparency-first digital asset research and education initiative. All funding is used strictly to support public-goods work and project infrastructure. RTNC does not solicit or accept funds for investment purposes, speculation, or financial return.

Acceptable Uses of Funds

• Legal review, compliance review, and identity-escrow administration
• Open-source infrastructure, hosting, and development tooling
• Public documentation, research materials, and educational resources
• Transparency dashboards, reporting systems, and audit preparation
• Minimal operational costs required to maintain consistent public reporting

Operational Support

RTNC may allocate a modest operational support allowance to ensure ongoing maintenance, documentation, and transparency reporting can be performed consistently.

This support covers essential living and operating expenses only, does not constitute compensation tied to tokens, value, or performance, and is disclosed transparently in periodic public funding reports.

Prohibited Uses of Funds

• Token purchases or market activity
• Financial speculation or trading
• Private allocations or vesting arrangements
• Venture capital returns or investor benefits
• Undisclosed compensation or distributions

Transparency & Reporting

All funding sources and expenditures are tracked. Periodic public funding summaries are published, and documentation and governance materials remain publicly accessible.

Governance & Accountability

The project founder (“Aegis”) operates under an identity-escrow agreement held by an independent law firm. Community review and public documentation take precedence over authority.

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Version: v1.0
Last Updated: December 2025