The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market cap requirements that these projects need to fulfill to get selected and informed more projects are being considered on an ongoing basis.
Avalanche Announces Meme Coin Purchasing Framework
The Avalanche Foundation, a non-profit entity that supports initiatives on the Avalanche ecosystem, has announced the requirements to invest in meme coins using the $100 million Culture Catalyst fund launched in 2022. The foundation had previously reported on the purchase of these tokens but had not specified the conditions these meme coins should fulfill to be eligible for this purchasing plan.
For any meme coin project to be eligible for these purchases, it must have at least 2,000 unique holders, and the top 10
We współpracy z: https://news.bitcoin.com/avalanche-announces-eligibility-criteria-for-meme-coin-purchasing-program/
