Ethos will launch the WHUF token auction on September 1, with an initial FDV of 1 million dollars
According to official news, the on-chain reputation protocol Ethos Network announced that it will launch the WHUF token auction on September 1, planning to sell 20% of the total token supply. This auction sets an 85% price guarantee mechanism, with a starting fully diluted valuation (FDV) of $1 million and a maximum valuation cap of $99 million.
In addition, Ethos will provide extra rewards for contributors' XP and for referring participants. Users can complete registration in advance to participate in this WHUF token auction and related incentive activities.
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