The Avalanche Foundation has announced the "Qualification Framework" for purchasing Meme tokens and does not accept tokens reserved for the team's allocation
According to CoinDesk, the Avalanche Foundation has announced new rules for purchasing Meme tokens. According to the released "eligibility framework," Avalanche only considers Meme tokens native to the Avalanche blockchain and does not accept tokens reserved for teams or cloned on other blockchains. They also require the creating team to relinquish ownership of the minting contract.
In addition, the Avalanche Foundation will not recognize tokens that are hoarded by whales, launched without security company audits, or launched without being whitelisted. Although there is some flexibility in the rules, meeting these conditions does not guarantee a purchase.
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
The Smarter Web Company completes placement of 2.043 million ordinary shares, raising £2.612 million.
Alexander Choi reveals nearly one million dollars worth of crypto assets stolen
Barclays raises its forecast for Fed rate cuts this year to three times
Trending news
MoreCrypto prices
More








