Cross chain settlement layer Union establishes foundation to release token economy model

According to Foresight News, the cross chain settlement layer Union announced the launch of the Union Foundation, an independent organization dedicated to building a more secure, decentralized, and interoperable Web3. The Union Foundation's core focus is to fund initiatives that support the Union network and incentivize its development through maintenance, ongoing development, and decentralized application (dApp) creation, including grant programs and Union Fellowship programs. The Union Foundation announced that it will soon release a token economy model, and the Union mainnet will also be launched soon.