Memecoin

Coq Inu

Foundation

Avalanche

The Avalanche Foundation, responsible for supporting the Avalanche blockchain network, has unveiled the first five memecoins included in its “community coins holdings.” These coins are part of the Foundation’s wider Culture Catalyst program, designed to “foster web3 creators.”
<h2 data-sourcepos="5:1-5:41" id="foundation-focuses-on-community-value">Foundation Focuses on Community Value</h2>
Last year, the Avalanche Foundation announced its intention to acquire memecoins built on the <a href="https://crypto.ro/en/cryptocurrencies/avalanche-2" rel="noopener noreferrer nofollow">Avalanche</a> network.
As of today, the Foundation’s community coin holdings <a href="https://www.avax.network/blog/the-avalanche-foundation-discloses-community-coin-holdings" rel="noopener noreferrer nofollow" target="_blank">include</a>:
<ul role="list">
 <li>Coq Inu</li>
 <li>Gecko</li>
 <li>Kimbo</li>
 <li>NoChill</li>
 <li>Tech</li>
</ul>
The chosen memecoins, Coq Inu, Gecko, Kimbo, NoChill, and Tech, went through a selection process that prioritized “high community value,” according to the Foundation’s guidelines.
<blockquote>
 “Every community coin the Foundation holds meets our set criteria for community coin projects,” the Foundation said in a statement. “These guidelines are designed to evaluate a specific coin’s dedication to Avalanche and adherence to fair Web3 practices.”
</blockquote>
These criteria encompass a fair launch process, resistance to manipulative trading bots, strong security measures, a sizeable holder base, a decentralized ownership structure, sufficient liquidity, and minimum requirements for a coin’s lifespan, market capitalization, and trading activity.
The Foundation also revealed that they’re currently considering ERC-404 tokens for inclusion in their community coin holdings. Additionally, they acknowledged the possibility of modifying their holdings and the criteria for selecting future community coins.

Avalanche Foundation Reveals First Five Memecoin Holdings for Culture Catalyst Program

목차

crypto.ro global

2024년 3월 15일에 게재된 다른 기사

Incredible Opportunity: Bitgert Coin Price Set to Skyrocket by 2200% – Don’t Miss Out!

US Senators Urge SEC to Pause Crypto ETFs to Investigate Marketing

Turkey Prepares to Introduce Balanced Crypto Regulation

Prosecutors want $11B judgment, 40–50 years in prison for Sam Bankman-Fried

Slowdown in Money Flow into US Spot Bitcoin ETF Market: Current Report!

FTX Founder Sam Bankman-Fried Could Face 50 Years in Prison

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!