April 24, 2024

Free TON project will distribute new tokens

Free TON project will distribute new tokens

The creators of Free TON organized three competitions, during which users, developers and validators will be able toget new TON Crystals currency.

The competitions launched on Monday 18 May and will run until 25 May. During each of them, winners, participants and the jury will be able to earn up to 50,000 TON. 

At the moment, these competitions are the only way to get new cryptocurrency. According to Free TON, such competitions will be held every week. 

Anyone can participate in the competitions,except for US residents. Apparently, this decision was made because the court prohibited Pavel Durov, who left the project last week, from selling tokens to investors from the United States. 

At the moment, 5 have been released on the blockchain.billions of TON Crystal tokens. 85% will be divided between partners and users of Free TON, 10% will be received by developers, and the remaining 5% are intended for validators.

Subscribe to ForkNews on Telegram. 

Based on materialscointelegraph.com