Express

Free TON Acquires Dune Network Through Community Merger Mechanism

Mary Liu

Summary: Free TON has acquired Dune Network, a platform for decentralized applications, through a community merger mechanism, according to a press release. The merger proposal was submitted to the two communities in January and has been voted through. Free TON will allocate an agreed amount of TON Crystal (the native token of the Free TON blockchain) to the ...

Free TON has acquired Dune Network, a platform for decentralized applications, through a community merger mechanism, according to a press release.

The merger proposal was submitted to the two communities in January and has been voted through. Free TON will allocate an agreed amount of TON Crystal (the native token of the Free TON blockchain) to the Dune Network, and Dune community members will decide whether to exchange for TON Crystal tokens.  

The merger process is expected to last approximately six months. The two parties stated that the merger will strengthen the development of the two communities and support the global adoption of decentralized management.

BY Mary Liu

Last Update:

Tags: ,,
Link: Free TON Acquires Dune Network Through Community Merger Mechanism   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.