Editor's PiCK

TON Coin Forms 'Golden Visa' Partnership with UAE, Surges 5% Intraday

Source
Uk Jin

Summary

  • TON announced that it has formed a partnership with the United Arab Emirates (UAE) and revealed the requirements to obtain the Golden Visa.
  • Users must stake $100,000 worth of TON Coin for 3 years and pay a $35,000 fee.
  • Boosted by this news, TON's price increased by 5.25%.

The Open Network (TON) has reportedly entered into a partnership with the United Arab Emirates (UAE).

On the 6th (KST), TON announced through its official channel, "By staking TON, you can now receive the UAE Golden Visa (a 10-year residency visa)."

According to the page released by TON, users who want to obtain the UAE Golden Visa must stake $100,000 worth of TON Coin for 3 years and pay a fee of $35,000. It is reported that the visa can be received within 7 weeks.

Meanwhile, following this news, the price of TON surged. As of 5:01 PM, TON is trading at $2.89 on CoinMarketCap, up 5.25% from the previous day.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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