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Developers of joke cryptocurrencies will receive up to $ 1 million — there is a main condition
Justin Sun, the founder of the Tron blockchain and the cryptocurrency of the same name, has announced financial support for memtoken developers. The entrepreneur will pay up to $ 1 million to developers whose projects will operate on the Tron network.
Sun made the announcement on his Twitter page. «Attention memecoin developers! Join TRON and BitTorrent with your memtokens and receive financial support of up to $ 1 million to reimburse your gas trading fees. Additionally, leading exchanges such as HuobiGlobal and Poloniex will prioritize your memecoins in their listings ,» said Justin Sun.
Attention meme coin developers! Join #TRON and #BitTorrent with your meme coins, and benefit from our funding support of up to $ 1 million to reimburse your trading gas fees. Furthermore, top exchanges like @HuobiGlobal and @Poloniex will prioritize the listing of your meme coins. https://t.co/gISRGYEUv3
— H.E. Justin Sun å™å®‡æ™¨ (@justinsuntron) May 7, 2023
Under the terms of the cooperation, upon reaching a trading volume of $ 1 million on Tron and BitTorrent, gas fees will be fully reimbursed to meme coin issuers. In addition, a Memeverse fund of 20 million TRX will be created to reward the most popular memtoken projects in the Tron ecosystem. In addition to the cash payments, the founder of Tron promised priority placement of memtokens on Huobi and Poloniex crypto exchanges.
Justin Sun made this statement as part of a new advertising campaign aimed at increasing the popularity of Tron. The Huobi Global crypto exchange’s Twitter account posted information about a strategic partnership with Tron and BitTorrent to hold a «meme coin carnival.»
It is worth noting that users should be careful when buying cryptocurrencies on Huobi. The fact is that in late February, the trading platform somehow received the FTX User Debt (FUD) token, an asset created by fraudsters intending to make money off the victims of the collapse of the infamous FTX exchange.