Avalanche Foundation sets rigorous criteria for investment in memecoins, prioritizing security and fair distribution on the Avalanche blockchain.
With clear quantitative thresholds, Avalanche aims for a balanced memecoins market and a responsible investment approach.
The Avalanche Foundation, known for powering the Avalanche blockchain, has marked a before and after in the crypto industry by announcing a strategic investment in memecoins. The key? A fund dubbed “Culture Catalyst” of $100 million. But this is not a blind bet. The foundation recognizes both the cultural relevance of these cryptocurrencies and the need for caution in the face of their unpredictability and the possibility of fraud.
what is the aim of this strategy?
To foster a balanced and responsible memecoins market, without neglecting their creative value. To achieve this, rigorous eligibility criteria and quantitative thresholds have been established for the acquisition of memecoins, prioritizing those native to th

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