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The Avalanche Foundation has announced the "Qualification Framework" for purchasing Meme tokens and does not accept tokens reserved for the team's allocation

The Avalanche Foundation has announced the "Qualification Framework" for purchasing Meme tokens and does not accept tokens reserved for the team's allocation

2024/01/23 12:22

According to CoinDesk, the Avalanche Foundation has announced new rules for purchasing Meme tokens. According to the released "eligibility framework," Avalanche only considers Meme tokens native to the Avalanche blockchain and does not accept tokens reserved for teams or cloned on other blockchains. They also require the creating team to relinquish ownership of the minting contract.

In addition, the Avalanche Foundation will not recognize tokens that are hoarded by whales, launched without security company audits, or launched without being whitelisted. Although there is some flexibility in the rules, meeting these conditions does not guarantee a purchase.

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