Fogo has cancelled its planned public sale scheduled for December 17 and has decided to airdrop the tokens instead.

By: theblockbeats.news|2025/12/13 10:16:07

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BlockBeats News, December 13th, Fogo's official announcement on social media stated that it has decided to officially cancel the token presale scheduled for December 17th. The current strategy focus has shifted towards allocating more resources to airdrop distribution.

Fogo stated that since the presale announcement, the team has taken a snapshot of the following groups: Fogo Fishers participants, Portal Bridge point holders, and all relevant USDC cross-chain transfer users. These groups will receive corresponding Fogo Flames point rewards. The Fogo Flames point program has always been a core pillar of its ecosystem development, aimed at achieving a more meaningful token distribution for developers, community members, and ecosystem participants. The first batch of rewards will be simultaneously distributed on January 13th when the mainnet goes live for the entire network.

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