TROVE announces ICO specific rules, with users who meet points requirements eligible for an additional 10% to 20% quota.

Foresight News reports that the digital collectibles contract platform TROVE has announced specific rules for its ICO. The event will run from January 8 to January 11, with an FDV of $20 million and a fundraising target of $2.5 million. Trove users will enjoy priority allocation, with 100% unlocked at TGE. Users holding between 250,000 and 10 million Trove points will be able to receive an additional 10% to 20% quota compared to users without points. The TROVE token airdrop is expected to take place in the third week of January. Additionally, the official tokenomics has been released. 60% will be used for buyback programs (with the use of buyback tokens decided through governance voting), 20% will be allocated to HIP-3 service providers, 10% will be used for growth and expansion, and 10% will be used for staking incentives.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments