Foreon Network $FRN Token Presale Is Live!

Foreon Network
2 min readOct 22, 2024

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Hello Foreon Community,

We’re excited to announce that the $FRN presale is now live!

125M ADA max raise in two rounds.

Over 100,000 $ADA has been raised in 30 Minutes!

Total $FRN Presale Allocation: 1,500,000 Presale Rounds: 2

First Round: Secure 0.7 $ADA for the first 750,000 $FRN tokens.

Second Round: Remaining $FRN available at 0.8 ADA before the @MinswapDEX listing at a FDV of 8.5M $ADA

Join the presale below on @AxoTrade below.

https://app.axo.trade/launch/foreon

How To Join Foreon Network Presale

Set Up Your Cardano Wallet: Ensure you have a Cardano-compatible wallet set up. Nami Wallet, Eternl Wallet, Begin Wallet, Nufi Wallet Or Lace Wallet will serve.

Purchase $ADA From Exchanges: Since the $FRN token presale will occur on the Cardano network, you’ll need ADA to exchange for $FRN tokens. Purchase $ADA from either Binance, Bybit Or Coinbase.

Visit app.axo.trade/launch and click on the Foreon Network Presale: Then Connect your wallet and click Buy, then enter the amount in $ADA you will want to contribute and follow the on-screen instructions to participate in the presale.

Here’s a Guide on how to Buy $FRN tokens.

$FRN Token Utility

The FRN token will have several utilities within the Foreon Network ecosystem, including:

Market Creation: FRN token holders who lock a predetermined amount of FRN can gain the ability to create their own prediction markets. This mechanism ensures that market creators are invested in the ecosystem and contributes to maintaining the quality of markets on the platform.

DAO Governance: FRN token holders have the right to vote on various aspects of the platform’s development, including but not limited to feature updates, tokenomics changes, and other governance issues. This empowers the community to direct the evolution of the Foreon Network.

Holder Rewards: Users who hold and stake FRN tokens will be eligible for rewards in the form of transaction fees, token emissions, and other incentives.

Buy Backs: A portion of the fees generated by the platform will be used to buy back and burn FRN tokens, reducing the supply and potentially increasing the value of remaining FRN tokens.

Happy Participation!

Stay Connected with Foreon Network

Stay updated with the latest developments, guides, and community news by following Foreon Network:

Website: https://foreon.network/

Litepaper: https://docs.foreon.network/

Pitchdeck: https://docsend.com/view/xsevm63fdid6h435

X: https://x.com/foreonnetwork

Discord: https://discord.com/invite/zwPfBRGDEu

Telegram: https://t.me/foreonnetwork

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Foreon Network
Foreon Network

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