I heard that the Rainbow wallet is launching an auction on Uniswap soon, and the idea is that they are using a CCA sale mechanism and all proceeds go directly to liquidity provisioning on the blockchain for the RNBW token. That means anyone can participate in this auction, and this is very important for the project. The Rainbow wallet has always focused on technical details and transparency, so it seems that this auction is part of a broader strategy. Then, there is a TGE scheduled for February, and the RNBW token will officially launch with a distribution of 15% random giveaways, totaling one billion units. Rainbow is trying to build a reputable project from the start, and all these steps indicate that they understand the market. I was expecting more announcements about the detailed auction specifics soon.

RNBW0,28%
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