PANews|12月 05, 2025 07:24
[Rainbow Foundation to Hold 20% Stake in the Project, Specific TGE Time to Be Announced Early Next Week]
Rainbow Foundation has announced that it will hold a 20% stake in the project during the Token Generation Event (TGE). This portion of the stake will be held by the foundation on behalf of all RNBW token holders, ensuring that token holders can share in the project's future growth benefits. To this end, Rainbow has specifically created a foundation-exclusive Class F equity (Class F for Foundation).
RNBW tokens will be deeply integrated into the Rainbow ecosystem, becoming the core of the platform's reward and equity system. Users generate revenue by utilizing Rainbow's features (such as trading, prediction markets, etc.), and a portion of these fees will be used to buy back RNBW tokens and distribute them to token holders in real time. This reward mechanism is based on real economic activities rather than simple token emissions.
If the Rainbow project is acquired in the future, the foundation will be dissolved, and its 20% equity proceeds will be distributed to RNBW token holders. Currently, Rainbow plans to announce the specific TGE time early next week and prioritize completing the related processes for foundation equity allocation.
Previously, it was reported that Rainbow plans to launch the RNBW token for non-custodial crypto wallets in Q4.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink