Download App
iOS & Android

Avalanche Foundation announces new rules for purchasing Meme coins

According to CoinDesk, Avalanche Foundation has announced new rules for purchasing Meme tokens. According to the "Eligibility Framework" released, Avalanche only considers Meme tokens native to the Avalanche blockchain, while not accepting tokens reserved for team allocation or cloned on other blockchains, and requiring the creation team to relinquish ownership of the minting contract. In addition, Avalanche Foundation will not recognize tokens that are hoarded by whales, launched without security company review, or without whitelist. Although the rules are flexible, meeting these conditions does not guarantee a purchase.


All Comments

Recommended for you

  • The 185th ACDE meeting: EIP2935 and EIP3074 have been confirmed to be included in the Prague upgrade

    The Ethereum Core Developer Meeting (ACDE) #185 was held. Developer timbeiko.eth compiled the meeting minutes, which include: EIP 2935 and 3074 have been confirmed to be included in the Pectra upgrade (Prague upgrade); EOF and EIP 7623 have been considered for inclusion in (CFI) and a final decision is expected soon; EIP-7667 and Verkle migration have been considered for inclusion in the Osaka upgrade.
  • Uniswap Receives SEC Notice of Enforcement Action for Alleged Unregistered Sale of Securities

    Uniswap, a decentralized crypto exchange, has received a Wells notice from the SEC indicating that the regulator intends to pursue an enforcement action. While Uniswap CEO Hayden Adams did not disclose the specific charges, Wells notices sent to crypto companies have historically alleged the unregistered offer and sale of securities. Adams expressed frustration with the SEC's focus on attacking good actors like Uniswap and Coinbase, rather than creating clear rules. He also stated that Uniswap will fight the charges, which may take years and have implications for the future of financial technology.
  • Polygon's on-chain NFT sales totaled over $1.5 billion

    According to the latest data from Cryptoslam, the total sales of NFTs on the Polygon chain have surpassed $1.5 billion, reaching $1,501,385,392 at the time of writing. The total number of transactions on the chain is about 3.427 million, with a total of over 2.224 million buyers and over 1.5 million sellers.
  • STEPN will airdrop $30 million worth of GMT tokens to users

    STEPN will airdrop a total of $30 million worth of GMT tokens to users. Stepn is distributing 100 million "FSL" points to users, which can be exchanged for GMT tokens at a 1:1 ratio on the Stepn market. The current trading price of GMT tokens is about $0.30, making the distribution value of Stepn's points approximately $30 million.
  • Merlin Testnet experiences overload interruption due to joint beta testing activity by bitSmiley and bitCow

    According to official announcements, the first phase of the joint beta testing activity named "The Trumeme Show" by bitSmiley and bitCow officially commenced on April 8th, 11:00 (UTC). However, the Merlin Testnet experienced overload due to high visitor traffic. It is reported that the team behind bitSmiley is actively coordinating with the Merlin Testnet officials to expand capacity support, aiming to provide a better testing experience for all participants.
  • Telegram: No automatic download security vulnerability has been confirmed

    In response to recent reports of automatic download security vulnerabilities, Telegram posted on X platform stating that we cannot confirm whether such vulnerabilities exist. The video is likely a scam. Anyone can report potential vulnerabilities in our application and receive a reward.
  • Multi-chain lending protocol ZeroLend plans to launch governance token ZERO on April 29

    On April 9th, ZeroLend, a multi-chain lending protocol, announced on the X platform that it plans to launch governance token ZERO on April 29th, with further details about the TGE to be announced soon.
  • The head of investment strategy at SINOHOPE Asset Management was invited by HKSI to give a lecture on the regulation of virtual asset funds under license No. 9

    On April 8th, it was announced that Tony Luk, the investment strategy director of SINOHOPE Capital Management, has been invited by the Hong Kong Securities and Investment Institute (HKSI) to be a guest speaker at their online seminar. The seminar will focus on "Regulatory Insights: SFC Type 9 License for VA Fund Managers" and will take place on April 9th from 12:20 PM to 01:20 PM. It is understood that this webinar will outline the regulatory framework for virtual asset (VA) fund managers and intermediaries in Hong Kong under the SFC Type 9 License for virtual assets. Understanding these regulations is crucial for professionals working in the virtual asset industry in Hong Kong. Participants in the course will also receive corresponding study hours.
  • Mocaverse: Param Labs will airdrop 3.3 million PARAM to Moca NFT holders

    Mocaverse, a Web3 project under Animoca Brands, announced on X platform that the game ecosystem project Param Labs, supported by Animoca Brand, has joined the Mocaverse partner network. At the same time, 3 million PARAM tokens will be airdropped to Moca NFT holders, with 3.3 million tokens evenly distributed to all eligible participants (1 NFT = 1 spot).
  • Bitcoin-native stablecoin project bitSmiley is partnering with stablecoin AMM, bitCow, to launch "The Trumeme Show" public beta test

    Bitcoin-native stablecoin project bitSmiley is partnering with stablecoin AMM, bitCow, to launch "The Trumeme Show" public beta test. During this event, users stand to receive a dual airdrop reward of 1% of the total token supply of bitSmiley tokens and 3% of the total token supply of bitCow tokens. Additionally, the winning meme tokens from the meme contest will be deployed directly to the mainnet after the event concludes, with initial liquidity provided. These real assets will also be airdropped to users who support this meme during the public beta period.