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Post: Open Network Foundation’s 30 Million TON Token Allocation Strategy

Open Network Foundation’s 30 Million TON Token Allocation Strategy

Key Points:

  • Open Network Foundation allocating 30 million TON tokens for community rewards.
  • Allocation breakdown: $38 million for token mining and user incentives, $22 million for airdrops, $15 million for The League developer ecosystem, and $40 million for liquidity pool boosts.
  • Upcoming distribution of the 30 million Toncoin starting April 1 in monthly seasons.
  • Initial pilot season distributed 650,000 TON to users and will share 550,000 TON between winning projects of The League Pilot.

Open Network Foundation’s Token Allocation Strategy:

The Open Network Foundation is distributing 30 million TON tokens worth $115 million for various community incentives. Four key areas will receive allocations, including token mining, airdrops, developer ecosystem support, and liquidity pool boosts.

Monthly Reward Distribution and Pilot Season Success:

Starting in April, the TON Foundation will commence distributing the 30 million Toncoin in monthly seasons to engage users and developers. The recent pilot season saw 650,000 TON allocated to users and 550,000 TON set aside for winning projects in The League Pilot, indicating strong community engagement.

Hot Take:

This strategic move by the Open Network Foundation not only incentivizes community participation but also strengthens the ecosystem around the Telegram-powered blockchain. The structured allocation of rewards across various areas ensures a holistic approach to fostering growth and engagement within the network.

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