Proposal "Merger of Klaytn Foundation and Finschia Foundation" approved
Klaytn Foundation and Finschia Foundation jointly initiated the Klaytn<>Finschia mainnet merger proposal (KGP-25), which has been approved, to create the largest Web3 ecosystem in Asia and plan to launch a unified mainnet. The merger aims to integrate the technologies and services of both parties, creating the leading and most competitive blockchain in Asia. The two foundations will establish a task force and set up a unified foundation in Abu Dhabi in the second quarter of 2024, and establish a single governance structure to effectively operate the unified mainnet. The new token economics will merge KLAY and FNSA into a new token, expanding governance delegation and community participation, and promoting innovation in the Asian blockchain industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta Eyes Stablecoin Payments After Crypto Hiatus
Meta plans to integrate stablecoin payments into its apps, marking a return to crypto after three years.Why Meta Is Betting on Stablecoins
Best New Meme Coins to Invest in Now: Troller Cat Set to Jump 20% as Notcoin Holds Ground and Degen Surges
Troller Cat presale surges with ROI projections, while Notcoin and Degen trend in meme coin circles. Learn why these are the best new meme coins to invest in now..Unlocking Massive 69% APY Staking Rewards–Why Troller Cat Is One of the Best New Meme Coins to Invest in NowTelegram’s Favorite Token? Notcoin Climbs as Volume Jumps 13.5%$DEGEN Rally Accelerates With 76% Spike in Daily Trading Activity
DOODUSDT now launched for futures trading and trading bots
Ethereum Foundation allocates $32 million to expand education and tools in the ecosystem
Trending news
MoreCrypto prices
More
