According to Foresight News, The Open Network (TON) ecosystem project TonUP has announced the launch of its UP token Initial DEX Offering (IDO) on December 20. A total of 1 million UP tokens will be sold, with 200,000 tokens being sold through a whitelist subscription method and the remaining 800,000 tokens available for public sale.
TonUP has previously received a grant from the TON Foundation and investment from TONcoin.Fund. Seed round investors in the project include Foresight X, Waterdrip, Antalpha, and BitFund DAO.