Zug, Switzerland, September 6th, 2023, Chainwire
“This marks the next chapter for the Toncoin community,” said Steve Yun, President of TON Foundation. “At the service of our community, TON Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.”
With the launch, the Foundation commits to providing detailed transparency reports that comprehensively outline the tokenomics of Toncoin and the historical distribution of tokens. These reports will offer insights into token issuance, partnership allocation, development, community incentives, and the breakdown of assets used for operational expenses and ecosystem growth.
As part of its ongoing commitment to openness and clarity, TON Foundation will host an annual event entitled Gateway to proactively listen to and engage with the TON community directly. We invite our community and partners to join us in person at Gateway to engage in productive discussions and collaborative initiatives across privacy, ownership, finance, gaming, collectibles, and tons more.
The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland committed to supporting The Open Network (TON). TON Foundation is 100% funded by the community and acts for the community to achieve TON’s mission.
TON Foundation, firstname.lastname@example.org
The post TON Foundation Founded in Switzerland as a Non-Profit Organization appeared first on CoinJournal.