Virtuals co-founder everythingempty has proposed a performance-based funding plan for Virgen Labs, contingent on the VIRTUAL token reaching specific price milestones. The proposal, initially approved in July, outlines that upon reaching $10, $20, and $40, Virgen Labs will receive 2% of the total VIRTUAL token supply at each milestone. This could result in a total allocation of 6% or 60 million tokens if all targets are met. Currently, VIRTUAL is trading at $1.73, marking a 22.9% increase over the past 24 hours, according to Coingecko.
Virtuals Co-Founders Propose Token Allocation to Virgen Labs at Price Milestones
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
