TROVE announces specific ICO rules; users who meet the points requirement can receive an additional 10% to 20% allocation.
Foresight News reports that the digital collectibles contract platform TROVE has announced the specific rules for its ICO. The event will take place 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 rights, with 100% unlocked at TGE. Users holding between 250,000 and 10 million Trove points will receive an additional 10% to 20% allocation compared to users without points. The TROVE token airdrop is expected to take place in the third week of January.
In addition, the official team has simultaneously announced the tokenomics. Of the total, 60% will be used for the buyback program (with the use of repurchased tokens determined by 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.
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.
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