‘We refused to do an ICO’: The truth behind Canton’s tokenomics
PositiveCryptocurrency

- Tharimmune has successfully raised $540 million to establish a treasury for Canton Coin, highlighting an alternative approach to launching new blockchains without conducting an Initial Coin Offering (ICO). This move underscores the evolving landscape of cryptocurrency funding and governance.
- The establishment of a treasury for Canton Coin is significant as it positions Tharimmune to leverage substantial financial resources for the development and expansion of the Canton Network, potentially enhancing its market presence and operational capabilities.
- The appointment of Taurus as a super validator on the Canton Network further emphasizes the growing institutional interest in this blockchain, reflecting a broader trend of increasing validation and governance roles within decentralized networks, which may influence future investment strategies in the cryptocurrency sector.
— via World Pulse Now AI Editorial System
