The Linea token will be launched in the first quarter of 2025
Linea, the Ethereum Layer 2 network developed by Consensys, continues to move in the direction of decentralization and announced the establishment of the Linea Association at Devcon in Bangkok, Thailand on November 13. The newly formed association will have three main goals: to support Linear technology, develop the Linea market, and further advance Linea's decentralization roadmap.
One of the core features of the operation of the Linea Association is token holder governance, which means that Linea tokens will be issued in the first quarter of 2025. According to the plan, the Linea Association will be able to provide token holders with governance rights, allowing them to participate in certain activities of the Association. The Association will be responsible for managing the core Linea intellectual property and funding pool to support its mission.