According to BlockBeats news, on December 29, according to the official announcement, the Avalanche Foundation announced its intention to recognize and encourage the culture and interest symbolized by Meme tokens through the "Culture Catalyst" special program. By purchasing selected Avalanche-based tokens, Chain Meme tokens to create collections. This move is designed to complement the Avalanche Foundation’s continued involvement in the Avalanche ecosystem, including NFTs, RWAs, and other types of crypto-assets, broadening its portfolio to encompass a more comprehensive range of possibilities. The selection process for the collection is based on several key criteria, including factors such as number of holders, liquidity threshold, project maturity, fair launch principles, and overall social sentiment.
Avalanche Foundation announces plans to purchase its on-chain Meme tokens
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