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XLM $0.1842 +0.62%
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Andre Cronje announced the community Meme coin framework he designed, stating that marketing and team allocation should not exceed 15%

2024-04-09 13:29:03

ChainCatcher news, Andre Cronje posted to elaborate on the framework of the community Meme coin he designed. The token distribution plan is as follows: a maximum of 10% of the tokens will be allocated for marketing-related expenses; 5% of the tokens will be used to support team expenses. The remaining 85% of the tokens will be placed in the foundation's multi-signature FTM/token LP.

Previously, Andre Cronje stated on the X platform that he is busy conducting due diligence on various Meme coins in order to create a framework for launching, supporting, and nurturing community-safe Meme coins on Fantom.

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