Fogo announced the cancellation of its previously disclosed $20 million token presale plan ahead of the mainnet launch in January 2026. Instead, the 2% FOGO tokens originally allocated for the presale will now be airdropped to the community. The project had previously planned to sell 2% of tokens at a fully diluted valuation of approximately $1 billion. According to the latest disclosed tokenomics model, 38.98% of FOGO tokens will be unlocked at the time of the mainnet launch, including airdropped tokens available for immediate trading, tokens allocated for foundation operations, and vested shares for core contributors. Institutional investors and advisors will receive 8.77% and 7%, respectively. Additionally, Fogo has burned the 2% initial token supply originally allocated to core contributors. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53455