TROVE announces specific rules for the ICO, users who meet the points criteria can receive an additional allocation of 10% to 20%

The digital collectible contract platform TROVE has announced the specific rules for its ICO. The event will take place from January 8 to January 11, with an FDV of $20 million and a fundraising target of $2.5 million. Trove users will have priority allocation rights, with 100% unlocking at TGE. Users holding between 250,000 and 10 million Trove points will receive an additional allocation of 10% to 20% compared to users without points. The TROVE token airdrop is expected to take place in the third week of January.

In addition, the official tokenomics has been announced. Of this, 60% will be used for the buyback program (the use of repurchased tokens will be decided by governance voting), 20% will be allocated to HIP-3 service providers, 10% will be used for growth and expansion, and 10% will be used for staking incentives.