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Regulatory Licenses, Registrations, and Approvals

TROVE announces ICO specific rules, with users who meet points requirements eligible for an additional 10% to 20% quota.

2026-01-06 01:48:51

Foresight News reports that the digital collectibles contract platform TROVE has announced specific rules for its ICO. The event will run from January 8 to January 11, with an FDV of $20 million and a fundraising target of $2.5 million. Trove users will enjoy priority allocation, with 100% unlocked at TGE. Users holding between 250,000 and 10 million Trove points will be able to receive an additional 10% to 20% quota compared to users without points. The TROVE token airdrop is expected to take place in the third week of January. Additionally, the official tokenomics has been released. 60% will be used for buyback programs (with the use of buyback tokens decided through governance voting), 20% will be allocated to HIP-3 service providers, 10% will be used for growth and expansion, and 10% will be used for staking incentives.

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