Next week, 7 projects will have token unlocking events. Xai will have a large amount of tokens unlocked, while the rest of the projects will have a relatively small unlocking ratio.
Xai
Project Twitter: https://twitter.com/XAI_GAMES
Project website: https://xai.games/
Amount unlocked this time: 198 million tokens
Amount unlocked this time: approximately $57.18 million
Xai is the first Layer3 blockchain in the Arbitrum ecosystem, aiming to guide traditional gamers to web3 games. Xai empowers traditional gamers to participate in open trading, allowing them to trade in-game items in their favorite games without interacting with a crypto wallet. The Xai network is open and decentralized, allowing anyone to operate nodes, receive network rewards, and participate in governance.
The current circulation of Xai is 12% of the total supply. This round of unlocking is the first unlocking since the token was listed. The majority of the unlocked tokens are for investors and the team, with the former unlocking 104 million tokens worth $33.66 million and the latter unlocking 71.43 million tokens worth $23.13 million, accounting for 63.29% of the circulation. The remaining tokens are for the ecosystem (19.64 million) and the reserve fund (3.38 million).
The specific release curve is as follows:
io.net
Project Twitter: https://x.com/ionet
Project website: https://io.net/
Amount unlocked this time: 2.87 million tokens
Amount unlocked this time: approximately $5.83 million
io.net is a decentralized artificial intelligence computing and cloud platform. By aggregating GPU supply from underutilized resources, io.net has created a network that allows machine learning (ML) startups to access nearly massive computing power at a fraction of traditional cloud costs.
This round of unlocking is IO's second Cliff unlocking, all of which are released for "research and ecosystem," totaling approximately $5.83 million (last week was all released to the community).
The specific release curve is as follows:
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