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TON

UAE Offers 10-Year Gold Visa via $TON Staking, Market Reacts Positively

The United Arab Emirates offers a 10-year gold visa for staking $100,000 on the $TON blockchain for over 3 years, with a one-time fee of $35,000. This approach, according to the TON Foundation, provides residence in 7 weeks, with the stake remaining in a smart contract and an annual yield of 3-4%. Requirements include $100,000 in TON, a $35,000 fee, family inclusion without extra costs, and the possibility to withdraw funds after three years. This option is significantly cheaper than real estate and offers liquidity and flexibility instead of a million-dollar investment in property. The market responded positively: TON's price increased by 6% within a day, surpassing $3 and currently at $2.91. The UAE aims to become a global crypto hub with initiatives in asset tokenization and over 600 blockchain companies operating in Dubai.
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AI Analysis

The UAE's initiative to offer a 10-year gold visa through a staking program on the $TON blockchain reflects its strategic aim to position itself as a leading global crypto hub. This program allows inv...

AI Recommendation

Investors and stakeholders should consider monitoring the ongoing blockchain and crypto developments in the UAE, especially regarding the $TON staking program. Given the positive market reaction and s...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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