“The Avalanche Foundation intends to start using Culture Catalyst to recognize and encourage the culture and fun symbolized by meme coins by purchasing select Avalanche-based meme coins to create a collection,” it said. “This move complements the Avalanche Foundation’s ongoing engagement across the Avalanche ecosystem, including NFTs, RWAs, and other types of cryptoassets, broadening its portfolio to embrace a more complete spectrum of possibilities.”
Source: https://www.coindesk.com/markets/2023/12/29/avalanche-foundation-to-purchase-meme-coins-as-part-of-culture-drive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines