IO.NET postpones TGE to accommodate exchange listing requests

IconCrypto News Terminal25 Apr, 2024

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IO.NET postpones TGE to accommodate exchange listing requests

IO.NET, a decentralized physical infrastructure network (DePIN) project built on Solana, has announced the postponement of its Token Generation Event (TGE) to a date after April 28th PST. This adjustment was made in response to requests from exchanges planning to list the IOG token. The IOG tokenomics were revealed by IO.NET on the 16th, with 50% of the total 800 million supply allocated to the community. Additionally, there will be no private or seed sales for IOG tokens, and airdrop rewards will be extended due to this adjustment. Previously on [date], IO.NET disclosed IOG tokenomics, allocating 50% of the total supply to the community.

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