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One-week token unlock: SAND ushered in the penultimate unlock

One-week token unlock: SAND ushered in the penultimate unlock

Odaily2024/08/11 03:15
By:Odaily

Next week, 14 projects will have token unlocking events. SAND, CYBER, and STRK have higher unlocking ratios.

Sandbox

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

Project official website: https://www.sandbox.game/en/

Number of tokens unlocked this time: 205 million

Amount unlocked this time: Approximately 54.96 million US dollars

The Sandbox is a decentralized, community-driven gaming ecosystem where creators can share and tokenize voxel assets and gaming experiences on Ethereum.

Sandboxs current round of unlocking is the penultimate Cliff unlocking, and the unlocked amount accounts for 86% of the total. This round of unlocking is 96.84 million tokens (25.9 million US dollars) for the reserve treasury, 71.25 million tokens (19.05 million US dollars) for the team, and 37.5 million tokens (10.03 million US dollars) for consultants.

The specific release curve is as follows:

CyberConnect

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

Project website: https://cyberconnect.me/

Number of unlocked tokens this time: 1.95 million

Amount unlocked this time: Approximately 6.08 million US dollars

CyberConnect is a decentralized social graph protocol based on Blockchain technology. CyberConnect builds a unified social graph where users can migrate their identity information, social relationships, etc. to different networks and platforms. At the same time, these personal data are completely owned by the users, thus creating value for the users. The governance token of the CyberConnect protocol is CYBER, and use cases include voting governance, paying gas fees, etc.

This round of unlocking is a regular unlocking, with 1.1 million tokens (worth 3.36 million U.S. dollars) unlocked for community rewards, 720,000 tokens (worth about 2.2 million U.S. dollars) for ecological development, and 163,000 tokens (worth 497,000 U.S. dollars) for the community treasury.

The specific release curve is as follows:

Starknet

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

Project official website: https://starknet.io/

Number of unlocked tokens this time: 64.04 million

Amount unlocked this time: Approximately 25.68 million US dollars

Starknet is Ethereums Layer 2, using zk-STARKs technology to make Ethereum transactions faster and less expensive. StarkNets parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and calculations without requiring all network nodes to verify each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

Currently, only 10% of the total STRK has been unlocked. This round of unlocking will release 33.57 million STRKs to early contributors, worth approximately US$13.33 million, and 30.43 million STRKs to investors, worth approximately US$12.09 million.

The specific release curve is as follows:

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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