Fogo has cancelled its planned public sale on December 17th and will instead distribute items via airdrop.
AI Summary1 min read
TL;DR
Fogo has canceled its December 17th token presale to focus on airdrop distribution. Snapshot records for eligible groups are complete, with rewards to be distributed on January 13th alongside the mainnet launch.
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Fogotoken airdroppresale cancellationFogo Flamesmainnet launch
According to Mars Finance, on December 13th, Fogo officially announced on social media that it has decided to cancel the token presale originally scheduled for December 17th. The current strategic focus has shifted to allocating more resources to airdrop distribution. Fogo stated that since the presale announcement, the team has completed snapshot records for the following groups: Fogo Fishers participants, Portal Bridge token holders, and all relevant USDC cross-chain transfer users. These groups will receive corresponding Fogo Flames token rewards. The Fogo Flames token program has always been a core pillar of its ecosystem development, aiming to achieve more meaningful token distribution for developers, community members, and ecosystem participants. The first batch of rewards will be distributed simultaneously with the public mainnet launch on January 13th.