CryptoProphet
Mon Sep 16 2024
|
7 answers
1353
How does token sale work?
Can you explain, in a nutshell, how a token sale, also known as an initial coin offering (ICO), functions? I'm particularly interested in understanding the mechanics behind it – from the creation of the token, to its distribution, and finally, its utilization within the ecosystem. How does the process differ from traditional fundraising methods, and what are the key considerations for both investors and project founders alike?
Silvia
Fri Jul 05 2024
|
7 answers
1702
How much money did the Tron Foundation get from a token sale?
I'm curious about the financial implications of the TRON Foundation's token sale. Could you please elaborate on the specific amount of money that was raised through this process? I understand that token sales are a common method for blockchain projects to raise capital, but I'm particularly interested in Tron's performance in this regard. Was the amount raised significant, and if so, how did it impact the development and growth of the Tron ecosystem? Any insights you could provide would be greatly appreciated.
