Rainbow Foundation will announce the TGE date early next week.
ChainCatcher reports, the crypto wallet Rainbow Foundation will announce the TGE date early next week.
In addition, upon token issuance, the Rainbow Foundation will become the largest single shareholder of Rainbow company, holding 20% of the company's equity. Token holders and shareholders will be able to share the same benefits. If Rainbow is acquired in the future, the foundation will be gradually dissolved, and its net assets (including the proceeds from its 20% equity holding) will be distributed to token holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pundi AI partners with Assemble AI: Creating verifiable crypto intelligence for 1.6 million users
A whale has staked 24,000 ETH held for 5 months, currently with an unrealized profit of $15.2 million.
Cloudflare says the issue has been resolved, with the outage affecting multiple crypto applications.
