NFT contract platform TROVE has announced the rules for its upcoming ICO, scheduled from January 8 to January 11. The ICO aims for a $2.5 million fundraising target with a fully diluted valuation of $20 million. TROVE users will receive priority allocation, with 100% of tokens unlocked at the Token Generation Event. Users holding between 250,000 and 10,000,000 Trove points will benefit from an additional 10% to 20% token allocation.
The TROVE token airdrop is anticipated in the third week of January. The token economics reveal that 60% of tokens will support a buyback program, 20% will go to HIP-3 service providers, 10% for growth and expansion, and 10% for staking incentives. Governance voting will determine the use of repurchased tokens.
TROVE Unveils ICO Details with Bonuses for High-Point Users
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