Kraken-Backed Ink Foundation Debuts Capped $INK Token

Kraken-backed Ink Foundation launches capped 1B $INK token with an airdrop—reshaping Ethereum Layer 2 ecosystem.

  • Kraken supports Ink Foundation launch with capped 1B $INK token
  • Ethereum Layer 2 $INK airdrop fosters community engagement
  • Ink Foundation emphasizes scalability, scarcity, and decentralization

The Ink Foundation, supported by Kraken, is set to launch on Ethereum Layer 2 with the introduction of the native token $INK. The total supply has been permanently capped at one billion tokens, underlining the project’s focus on scarcity and long-term value.

Airdrop Strategy to Engage Users

To encourage mass participation, the Ink Foundation will distribute $INK via an airdrop targeting early adopters, developers, and dApp users. This community-first strategy aims to kickstart ecosystem growth and reward early engagement, offering a fair chance for supporters to receive tokens.

Enhancing Ethereum with Layer 2 Scalability

By operating as an Ethereum Layer 2, the Ink Foundation aims to deliver faster transaction speeds and lower fees. Kraken’s backing adds credibility and vital infrastructure support. With decentralized governance and a capped supply, the project blends technical efficiency with long-term sustainability.

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Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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