Token Unlock of the Week: ALT sees a massive unlock, while WLD inflation accelerates.

CN
9 months ago

Next week, 12 projects will experience token unlocking events. ALT will see a large amount of unlocking, WLD's inflation rate is soaring, and ID and YGG have relatively high unlocking ratios.

One-week Token Unlocking: ALT Faces Massive Unlocking, WLD Inflation Accelerates

AltLayer

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

Project website: https://altlayer.io/

Amount unlocked this time: 680 million tokens

Amount unlocked this time: approximately $110 million

AltLayer is an open, decentralized Rollups protocol that combines the concept of Restaked rollup. It adopts existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and fast finality. In addition, AltLayer also provides services for temporary execution layers.

ALT is about to enter the era of investor unlocking, with only 16% of the total circulation currently. The unlocking amounts are numerous, including 308 million tokens for investors ($47.26 million), 188 million tokens for the team ($28.85 million), 83 million tokens for advisors ($12.74 million), 44.79 million tokens for the treasury ($6.87 million), 35.42 million tokens for protocol development ($5.43 million), and 25 million tokens for the ecosystem ($3.84 million).

The specific release curve is as follows:

One-week Token Unlocking: ALT Faces Massive Unlocking, WLD Inflation Accelerates

Worldcoin

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

Project website: https://worldcoin.org/

Amount unlocked this time: 29.95 million tokens

Amount unlocked this time: approximately $77.56 million

Worldcoin is a crypto project founded by Sam Altman, the founder of OpenAI. As most people around the world currently cannot verify their identity digitally, Worldcoin's vision is to build the world's largest and fairest digital identity and currency system to help everyone access the global financial system.

WLD is about to start a linear unlocking for TFH, with subsequent daily unlocks rising to 5.32 million tokens. It is important to note that the current community has claimed a proportion far below the theoretical limit, so the impact of TFH unlocking will be much greater than the intuitive performance shown in the graph below.

The specific release curve is as follows:

One-week Token Unlocking: ALT Faces Massive Unlocking, WLD Inflation Accelerates

Space ID

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

Project website: https://space.id/

Amount unlocked this time: 18.56 million tokens

Amount unlocked this time: approximately $9.02 million

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

The current ID unlocking amount accounts for 34% of the total, and this round of unlocking is a regular linear unlocking, with 5.83 million tokens for community airdrops ($2.7 million), 5 million tokens for the foundation ($2.31 million), 4.88 million tokens for marketing ($2.25 million), and 2.78 million tokens for the ecological fund ($1.28 million).

The specific release curve is as follows:

One-week Token Unlocking: ALT Faces Massive Unlocking, WLD Inflation Accelerates

YGG

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

Project website: https://yieldguild.io/

Amount unlocked this time: 14.08 million tokens

Amount unlocked this time: approximately $7.47 million

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in NFT-based virtual world and blockchain games.

YGG has unlocked 65% of the total amount, and this round is a regular linear unlocking, with 5.32 million tokens released to the community, worth $2.79 million; 4.17 million tokens released to the founders, worth $2.18 million; 2.31 million tokens released to the treasury, worth $1.21 million; and 2.28 million tokens released to investors, worth $1.19 million.

The specific release curve is as follows:

One-week Token Unlocking: ALT Faces Massive Unlocking, WLD Inflation Accelerates

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