Harmony (ONE) has also joined the incentive program trend among crypto money projects recently. The Harmony Foundation will dedicate over $300 million worth of ONE tokens over the next four years to bring startups and projects to the blockchain.
In this way, Harmony aims to support 10 thousand new initiatives with awards, grants and other incentives. This step of Harmony; Celo came after Avalanche and Phantom’s moves. These projects announced incentive programs of 100, 180 and 300 million dollars, respectively.
Harmony, a proof-of-stake-based blockchain, raised $18 million with a token sale to strategic investors in April 2019, and then sold $5 million on Binance Launchpad. Harmony’s token, ONE, rose 33 percent from $0.15 to $0.20 with the announcement of the incentive program. ONE is trading at $0.185.
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