PANews reported on May 26 that according to official news, CoinList announced that it will start the Archway (ARCH) token sale at 23:00 Beijing time on June 15, and registration is now open. The total supply is 30 million ARCH tokens, each token is $0.2, with a 40-day lock-up period, followed by an 8-month linear vesting schedule. Registration will end at 20:00 Beijing time on June 12.
It is reported that Archway is a native layer 1 blockchain of Cosmos that allows developers to capture the value they bring to the network through novel, developer-centric economics.