The TON platform, backed by Telegram, announced a golden visa offer for those staking Toncoin. However, the initiative has been met with scrutiny from experts and regulators.
TON's Offer
TON announced the possibility of obtaining a 10-year UAE golden visa if one stakes at least $100,000 worth of Toncoin for three years. According to their claims, the visa process could take under seven weeks, managed by local partners.
Skepticism and Opinions
Binance founder Changpeng Zhao expressed skepticism about the proposal's legitimacy. He noted that the lack of confirmation from UAE officials makes the offer 'too good to be true.' Despite his caution, he remarked that if the staking-for-visa claim turns out to be true, he would consider similar opportunities.
Regulators' Response
UAE regulators denied the claim of offering golden visas for crypto investors, clarifying that these visas are limited to specific categories such as real estate investors and top professionals. They urged the public to avoid unverified offers and to engage only with licensed crypto entities.
TON's golden visa offer in the UAE faces skepticism from regulators and experts, raising concerns about its feasibility. The initiative merits attention, but caution remains paramount.
