Avalanche FoundationIn a groundbreaking announcement, , has taken a significant step forward in its Culture Catalyst program, unveiling its first community coin collection. This is an initiative starting in late 2023 and is part of the Foundation’s commitment to acquire community coins native to the Avalanche blockchain network. This step underscores the Foundation’s commitment to supporting Web3 creators, driving innovation on Avalanche, and supporting the wider dissemination of blockchain.
community coins, crypto- They have stood out as fundamental symbols that reflect the essence, vitality and diversity of the community. Recognizing the importance of these coins, the Avalanche Foundation created five community coins that embody the fun, spirit and uniqueness of their respective communities. has chosen.
Community coins have become a cornerstone of Web3, representing the spirit, uniqueness, and interests of diverse crypto communities.
Today, the Avalanche Foundation announces its first five community coin holdings:$COQ, $KIMBO, $TECH, $LATE and $NOCHILL https://t.co/3kcz1EGhqn
NEWS CONTINUES BELOW— AvalancheFDN (@AvalancheFDN) March 14, 2024
The opening collection is below meme coinIt includes:
Coq Inu, Gecko, Kimbo, NoChill, Tech.
These coins were selected in accordance with the Foundation’s rigorous compliance guidelines. These guides evaluate adherence to Avalanche and fair Web3 practices.
The Foundation’s support for community coins is an ongoing effort parallel to the rapid development of the crypto world. In this context, the Foundation is ready to review the eligibility criteria with a view to including early-stage projects aimed at adding valuable tools to the Avalanche ecosystem.
The evaluation process is dynamic within the Avalanche community, which may include other community coins such as ERC-404 coins.
The Avalanche Foundation is open to flexibly changing community coin holdings and eligibility criteria as long as it aligns with its mission and goals. However, it does not guarantee that coins that meet all criteria will be purchased.
Koinfinans.com As we reported, the Avalanche Foundation celebrates the Web3 culture at Avalanche by supporting the Web3 project. Through the Culture Catalyst program and other initiatives, the Foundation aims to foster a more diverse Avalanche ecosystem and thereby strengthen its infrastructure and community.
