One-week token unlocking: ID will usher in a huge amount of release, accounting for more than 18% of the circulation

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ODAILY
06-16
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Next week, 9 projects will have token unlocking events. ID will have a huge amount of token unlocking, accounting for 18.23% of the circulating supply, with an amount of about 44 million US dollars. In addition, PIXEL will unlock 7% of the circulating supply.

The specific unlocking details are as follows:

Space ID

Project Twitter: https://twitter.com/SpaceIDProtocol

Project website: https://space.id/

Number of unlocked tokens this time: 78.51 million

Amount unlocked this time: Approximately 44.36 million US dollars

Space ID is a decentralized domain name service protocol created on the BSC chain. It is committed to building a universal name service network that seamlessly connects people, information, assets, and applications across blockchains. It allows users to bind their identities on multiple chains, and the community can build its own domain name service through the SPACE ID network.

ID has unlocked 30% of the total tokens and will enter a high-speed release phase. This round of release targets are diverse and the number is relatively even, including 20 million tokens (US$11.71 million) in the seed round, 15 million tokens (US$8.78 million) in the team, 13.33 million tokens (US$7.81 million) in the strategic round, 11.67 million tokens (US$6.83 million) in consultants, 5.83 million tokens (US$3.41 million) in community airdrops, 5 million tokens (US$2.93 million) in foundations, 4.88 million tokens (US$2.85 million) in marketing, and 2.78 million tokens (US$1.63 million) in ecological funds.

The specific release curve is as follows:

Pixels

Project Twitter: https://twitter.com/pixels_online

Project website: https://www.pixels.xyz/

Number of unlocked tokens this time: 54.43 million

Amount unlocked this time: Approximately 19.65 million US dollars

Pixels is a metaverse farming P2E game launched in 2021. It features a 16-bit pixel style and provides players with the opportunity to interact, farm, play mini-games and earn token rewards in a pixel world. PFP-type NFTs are allowed to be used as game avatars.

The unlocked amount of PIXEL accounts for 19% of the total amount. This round is the initial linear unlocking, including 28.33 million PIXEL for ecological rewards, worth 10.49 million US dollars; 17.71 million PIXEL for the treasury, worth 6.56 million US dollars; and 8.33 million PIXEL for consultants, worth 3.08 million US dollars.

The specific release curve is as follows:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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