WEEKLY VESTING Apr 8. to 15.: $SWEAT Airdrop, $ARB Investors, $GFAL and $INSR
Welcome to our weekly review of the most important token unlocks. On Apr 8. to 15. you can look forward to $ARB unlock for investors, $SWEAT airdrop, $GFAL and $INSR unlocks.
🔒 Interesting Token Unlocks This Week:
Arbitrum - $ARB Token Unlock
Arbitrum ($ARB) is a Layer 2 scaling solution for Ethereum, designed to improve the scalability, speed, and cost-efficiency of Ethereum transactions. By utilizing Optimistic Rollup technology, Arbitrum enables high-speed and low-cost smart contract execution without compromising the security guarantees of the Ethereum blockchain. In essence, it processes transactions off the main Ethereum chain (Layer 1), but leverages the main chain for security and finality.
On Apr 9th Arbitrum is set for the following unlocks:
- 48,694,444 $ARB tokens valued at $75,962,355 will be released to the "Investors" allocation group, increasing the circulating supply by 0.49%
- 74,833,333 $ARB tokens valued at $116,738,496 will be released to the "Team" allocation group, increasing the circulating supply by 0.75%
Insurabler - $INSR Token Unlock
Insurabler ($INSR) aims to enhance security for cryptocurrency projects during their pre-sale phase by providing a unique insurance model. Project owners can establish their own insurance pools on the Insurabler platform, allowing them to offer a safeguard for their project's backers. Users who participate by holding INSR tokens are granted a layer of protection against the inherent risks associated with new crypto projects, such as project failure or fraud.
On Apr 10th and 11th Insurabler is set for the following unlocks:
- 250,000 $INSR tokens valued at $3,563.73 will be released to the Rewards allocation group, increasing the circulating supply by 2.08%
- 60,000 $INSR tokens valued at $855.29 will be released to the Foundation allocation group, increasing the circulating supply by 0.5%
Games For a Living - $GFAL Token Unlock
Games for a Living ($GFAL) is a Web3 gaming platform established in 2021, focusing on integrating blockchain technology into the gaming industry to offer more sustainable revenue models and enhanced gaming experiences. The GFAL token underpins its ecosystem, facilitating transactions and interactions within its games.
On Apr 13th Games For a Living is set for the following unlocks:
- 124,999,500 $GFAL tokens valued at $4,525,196 will be released to the Private Sale allocation group, increasing the circulating supply by 1.25%
- 31,250,250 $GFAL tokens valued at $1,131,312 will be released to the Marketing allocation group, increasing the circulating supply by 0.31%
- 8,333,400 $GFAL tokens valued at $301,683.32 will be released to the Advisors allocation group, increasing the circulating supply by 0.08%
- 11,111,000 $GFAL tokens valued at $402,237.19 will be released to the Developers allocation group, increasing the circulating supply by 0.11%
- 25,000,500 $GFAL tokens valued at $905,060.82 will be released to the In-Game allocation group, increasing the circulating supply by 0.25%
Sweat - $SWEAT Token Unlock
Sweat Economy is a fitness-based cryptocurrency project that encourages physical activity by rewarding users with its native token, $SWEAT, for their steps. The project capitalizes on the growing trend of health and fitness in the digital age, providing a unique blend of wellness and blockchain technology.
On Apr 13th Sweat is set for the following unlock:
- 232,293,525 $SWEAT tokens valued at $2,773,442 will be released to the Airdrop allocation group, increasing the circulating supply by 1.1%
Honorable Mentions:
- Turbo ($TURBO) unlocking 0.5% on 11.4. to "Vesting Group 2"
- Dapp Radar ($RADAR) unlocking 0.7% on 13.4. to "Community" and "Team and Shareholders"
- Alice ($ALICE) unlocking 1% on 15.4 to "Reserve"
About Vesting and Token Unlocks
Both traditional finance and Web3 emerging projects often issue a share of tokens or stocks to their shareholders. These shareholder groups can for example be the developer team, founders, advisors, and so on.
Tokens issued for shareholder groups and other use cases are often not available immediately after launch - instead, they are locked for a specified amount of time (vesting) and released into circulation according to a predetermined schedule.
Token Unlocks refer to the moments when these vested tokens become accessible or "unlocked."
Learn how to use token unlocks in trading and investing here: Track Token Unlocks & Vesting Schedule of 200+ Cryptocurrencies with CoinBrain!
