WEEKLY VESTING March 5th to 11th: $3.5M for $ATA Community, $TKO, $HyPC and $INSR

Automata Network  - $ATA Token Unlock

Automata ($ATA), now Automata 2.0 is essentially a trust-enhancing tool for Ethereum, which is a type of technology used for a wide variety of internet applications, especially those that involve transactions. It's like a security layer that checks and confirms activities that aren't directly recorded on Ethereum's main ledger, ensuring that everything is accurate and trustworthy. It's designed to fit in with Ethereum's existing security measures and can be customized for different needs, helping to keep online transactions private and fair.

On Mar 7th, the Automata Network is set for the following unlocks:

• 20,000,000 $ATA tokens valued at $3,500,000 will be released to the “Ecosystem and Dev Community” allocation group, increasing the circulating supply by 2%
• 14,700,000 $ATA tokens valued at $2,500,000 will be released to the “Protocol Reserve” allocation group, increasing the circulating supply by 1.47%

Tokocrypto - $TKO Token Unlock

TokoCrypto's $TKO token is a cryptocurrency emerging from Indonesia's first registered digital asset exchange. The TKO token is a multifunctional ERC-20 token that integrates both CeFi (Centralized Finance) and DeFi (Decentralized Finance) features within its platform. The token facilitates a range of platform-specific benefits for its holders, including discounts on trading fees, stakeholder rewards, and governance participation rights.

On Mar 7th, Tokocrypto is set for the following unlocks:

• 10,625,000 $TKO tokens valued at $5,800,000 will be released to the “Product and Marketing” allocation group, increasing the circulating supply by 2.15%
• 10,625,000 $TKO tokens valued at $5,800,000 will be released to the “Partnerships and Ecosystem” allocation group, increasing the circulating supply by 2.15%

HyperCycle - $HyPC Token Unlock

HyperCycle ($HyPC) is a cryptocurrency that serves as a utility token within the HyperCycle network, a Layer 0++ blockchain architecture designed to facilitate high-speed and cost-effective on-chain execution of microservices. The network is particularly optimized for AI-related applications, providing a platform for decentralized AI and computation for various use cases.

On Mar 8th, Hypercycle is set for the following unlocks:

• 4,115,969 $HyPC tokens valued at $3,589,342 will be released to the “Strategic Partners” allocation group, increasing the circulating supply by 0.19%.
• 10,737,311 $HyPC tokens valued at $9,363,500 will be released to the “Team and Advisors” allocation group, increasing the circulating supply by 0.5%.
• 7,158,422 $HyPC tokens valued at $6,242,521 will be released to the “Liquidity Rewards Pool” allocation group, increasing the circulating supply by 0.33%.
• 10,232,964 $HyPC tokens valued at $8,923,683 will be released to the “Ecosystem and Network Adoption” allocation group, increasing the circulating supply by 0.48%.
• 7,874,264 $HyPC tokens valued at $6,866,773 will be released to the “Network Incentive Pool” allocation group, increasing the circulating supply by 0.37%.

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 Mar 11th Insurabler is set for the following unlock:

• 250,000 $INSR, valued at around $2,600 will be released to the “Rewards” allocation group, increasing the circulating supply by 2.1%

Honorable Mentions:

• Liquity ($LQTY)  - Mar 5th unlocking 0.7% to “Team and Advisors”.
  
• Hashflow ($HFT) - Mar 7th unlocking 1.6% to multiple vesting groups.
• The DONS ($DONS)  - Mar 8th unlocking 1% to multiple team wallets.
  

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!