TechFlow news, on December 5, the Rainbow Foundation announced that it will become the largest shareholder of Rainbow upon TGE (Token Generation Event), holding 20% of the company's equity. The foundation has specially created "Class F shares" (Foundation Class), enabling all $RNBW token holders to share in the company's growth dividends. In the event of an acquisition, the foundation will distribute net assets to token holders. The $RNBW token will be deeply integrated into Rainbow products as the native token for rewards and ownership systems. The foundation emphasized that it will update the specific TGE timeline early next week, which is crucial information for investors following the project.
Add to Favorites
Share to Social Media
