Toncoin, a popular blockchain project, has announced a new partnership with the United Arab Emirates, enabling users to obtain a Golden Visa through staking tokens.
Requirements for Obtaining the Golden Visa
Users must stake assets worth $100,000 in TON tokens for a period of 3 years. During this time, the tokens will remain locked. A one-time fee of $35,000 will also be charged.
Program Details
According to information from Toncoin's official website, the visa application process will take less than 7 weeks.
Unlike traditional visa programs requiring over $500,000 investment in real estate, staking TON tokens will be enough.
Spouses, children, and parents can also benefit from the same visa, with only standard government fees applied.
Stake assets will remain with the user and can be fully withdrawn after 3 years. The program is expected to provide an annual return of 3–4% (APY may vary depending on the price of the TON token) during the staking period.
Precautionary Measures
Due to the potential for scammers to imitate the Toncoin website, it is advised to make transactions only from the official Toncoin site. Occasionally, scam websites may appear at the top of search engine results.
Toncoin's partnership with UAE offers a new way to obtain a Golden Visa through token staking, significantly simplifying the process for users. However, caution should be exercised, and transactions should only be conducted through official channels.
