Rainbow Foundation will announce the TGE date early next week.
ChainCatcher reports, the crypto wallet Rainbow Foundation will announce the TGE date early next week.
In addition, upon token issuance, the Rainbow Foundation will become the largest single shareholder of Rainbow company, holding 20% of the company's equity. Token holders and shareholders will be able to share the same benefits. If Rainbow is acquired in the future, the foundation will be gradually dissolved, and its net assets (including the proceeds from its 20% equity holding) will be distributed to token holders.
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