PANews reported on June 23 that Multi-VM full-chain network Mango Network announced the MGO token economics. The total token supply is 10 billion, and the token distribution is as follows: POS equity pool allocation accounts for 20%; foundation allocation accounts for 20%; ecosystem innovation fund allocation accounts for 17%; team and early contributors allocation accounts for 15%; test network airdrop allocation accounts for 5%; investor allocation accounts for 15%; main network airdrop allocation accounts for 5%; consultant allocation accounts for 3%.
Earlier in February , Mango Network completed a financing of US$13.5 million, with Ainfra Ventures, Kucoin Ventures and others participating in the investment.
