The cross-chain settlement layer Union has established a foundation and will release a token economic model

ChainCatcher news, the cross-chain settlement layer Union has announced the launch of the Union Foundation. The Union Foundation is an independent organization dedicated to building a safer, decentralized, and interoperable Web3. Its core focus is to fund initiatives that support the Union network and to incentivize its development through maintenance, continuous development, and the creation of decentralized applications (dApps), including grant programs and the Union Fellowship program. The Union Foundation has announced that a token economic model will be released soon, and the Union mainnet is also set to launch.