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Dear Team I've noticed several inquiries in the Telegram chat and

on X regarding the availability of the 100 million grants program for new projects looking to build on KDA. The consistent response has been affirmative. However, when asked about the specific wallet or whereabouts of these funds, the response has been evasive, unanswered, or ignored. As a long-time follower of Kadena, I've observed that the team never provides a clear response to this question. They mention the need for time, but it's unclear how much time is necessary to share the wallet address with Kadena followers. It doesn't sit well with me that the Kadena team avoids answering this question. Could you shed some light on this? Is the fund available, and if so, could you please provide information on its location? If this simple question could be clarified, I believe many followers would be interested in further investing in this project. However, as of now, there has been no resolution on this matter. I would appreciate a response. Thank you.

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We're actively auditing our grant program and will have more details to share in the near future.

Robin (will not DM first)
We're actively auditing our grant program and will...

Thats a one funny way to answer the question where the questioner clearly states “However, when asked about the specific wallet or whereabouts of these funds, the response has been evasive, unanswered, or ignored.” 😀😀😀

Robin (will not DM first)
We're actively auditing our grant program and will...

You never audited it before or had an accountant keep track of the funds? What was Francesco doing? Hopefully an accountant is hired now to clean up his mess for new kadena. I know new kadena is completely open to all community members guarding against rugs.

Bright Uncle Stephen EqualBet
You never audited it before or had an accountant k...

I would assume that he means that they will systematically review the entire aspect of the grant program. (Not just a financial correlation). Using the term “audit” in business can go well beyond just a financial review, so I’d feel the right approach is looking at everything and learning from this would be smarter to approach now than just continuing the original direction of things. As I feel we all can agree the grant program can be a much more valuable tool than its current state… internal and external.

Bright Uncle Stephen EqualBet
You never audited it before or had an accountant k...

Not a mess, we're re-thinking how to best address everything and pivot some strategic direction, but nothing will change. The grant is still here, full, and will be used to provide builders funding to build on our ecosystem. We're actively reviewing grants as we speak

Mike Herron
Not a mess, we're re-thinking how to best address ...

This is progress. I'd like to see KDA do better.

Mike Herron
Not a mess, we're re-thinking how to best address ...

Well if you need an auditor it's a bit messy, but understood. It's a long-standing issue in kda fud world that would be good to put to bed.

Bright Uncle Stephen EqualBet
Well if you need an auditor it's a bit messy, bu...

FUD gives anything some limelight hmm or should i say spotlight ?

Bright Uncle Stephen EqualBet
I like limelight because key lime pie is awesome

I can vouch on that one! Key Lime Pie in Key West was amazing… especially when it was over 100 degrees.

Carl Parker
I can vouch on that one! Key Lime Pie in Key West ...

Has to be the real thing though or you don't get the flavour right.

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