Pirate Nation Foundation To Launch ERC-20 Token PIRATE On Ethereum Network

According to Odaily, the Pirate Nation Foundation has announced plans to launch its ERC-20 token, PIRATE, on the Ethereum network on June 13. The total supply of PIRATE tokens will be one billion. The distribution of these tokens will be divided among the community, the team, the ecosystem, and investors and advisors. The community will receive 47% of the total tokens, the team will be allocated 28%, the ecosystem will get 13.25%, and the remaining 11.75% will be distributed to investors and advisors. On the day of the Token Generation Event (TGE), only players and collectors of Pirate Nation will be eligible to claim the PIRATE tokens. It is important to note that US citizens will not be able to claim the PIRATE tokens. This move by the Pirate Nation Foundation is seen as a significant step in the expansion of their operations and the development of their ecosystem.