On November 16th, cross-chain trading platform Chainflip announced that its mainnet has been launched and is currently in idle state. The first batch of Genesis validators have started to connect and are waiting for the release of FLIP tokens. The FLIP token generation event (TGE) will take place on November 23rd at 12:00 UTC. According to Chainflip's plan, all end users will receive their tokens at approximately the same time. Until November 23rd, 2023 at 12:00 UTC, no one is allowed to send, trade, or distribute tokens.
In addition, Coinlist will be used for token distribution to community sale participants, while the Oxen Foundation will handle the distribution of SN operator airdrops. Chainflip Labs will distribute tokens directly to investors and their affiliated contracts, service providers, and other eligible individuals for FLIP, such as Soundcheck and SmoothOps participants.
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Chainflip announces launch of mainnet and will issue tokens on November 23
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