Weekly Vesting: Top 5+ Token Unlocks Aug 13th to 19th | NFT Projects, $IGU, $0KN
From Aug 13th to 19th NFT giants ApeCoin and SuperRare will each increase their circulating supply. Iguverse and $0KN are expected to unlock over 3% of the total supply.
🔒 Interesting Token Unlocks This Week:
- $GFAL - 1.2% of the total supply will enter circulation on Aug 13, 2024.
- $IGU - 3.43% of the total supply will enter circulation on Aug 16, 2024.
- $APE - 1.48% of the total supply will enter circulation on Aug 17, 2024.
- $RARE - 1.08% of the total supply will enter circulation on Aug 17, 2024.
- $0KN - 3.00% of the total supply will enter circulation on Aug 18, 2024.
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 Aug 13, 2024 Games For A Living is set for the following unlocks:
- 31,250,250 $GFAL tokens valued at $362,777.23 will be released to the "Marketing" allocation group, increasing the circulating supply by 0.31%
- 8,333,400 $GFAL tokens valued at $96,740.60 will be released to the "Advisors" allocation group, increasing the circulating supply by 0.08%
- 11,111,000 $GFAL tokens valued at $128,985.14 will be released to the "Developers" allocation group, increasing the circulating supply by 0.11%
- 25,000,500 $GFAL tokens valued at $290,225.27 will be released to the "In-Game" allocation group, increasing the circulating supply by 0.25%
- 31,249,500 $GFAL tokens valued at $362,768.53 will be released to the "Foundation" allocation group, increasing the circulating supply by 0.31%
- 16,666,200 $GFAL tokens valued at $193,516.47 will be released to the "Team" allocation group, increasing the circulating supply by 0.17%
Iguverse - $IGU Token Unlock
IguVerse, represented by the $IGU token, is a GameFi application that merges artificial intelligence (AI) and machine learning (ML) technologies with blockchain to transform the concept of non-fungible tokens (NFTs). This platform features unique user-generated NFTs, pioneering the new standard of NFT 2.0 and moving away from generic collections.
On Aug 16, 2024, IGU Token is set for the following unlocks:
- 4,083,366 $IGU tokens valued at $20,921.06 will be released to the "Treasury/Ecosystem" allocation group, increasing the circulating supply by 1.02%
- 4,166,700 $IGU tokens valued at $21,348.02 will be released to the "In-game Economy" allocation group, increasing the circulating supply by 1.04%
- 2,777,800 $IGU tokens valued at $14,232.01 will be released to the "Team" allocation group, increasing the circulating supply by 0.69%
- 1,111,120 $IGU tokens valued at $5,692.81 will be released to the "Advisors" allocation group, increasing the circulating supply by 0.28%
- 1,588,346 $IGU tokens valued at $8,137.86 will be released to the "Strategic Reserve" allocation group, increasing the circulating supply by 0.4%
ApeCoin - $APE Token Unlock
ApeCoin ($APE) is a cryptocurrency on the Ethereum network, functioning as the native token for the APE ecosystem. It was created to serve as a decentralized protocol layer for community-led initiatives. ApeCoin is closely associated with Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), a prominent NFT collection. This token enables governance within the ApeCoin DAO, where holders vote on proposals affecting the ecosystem.
On Aug 17, 2024, ApeCoin is set for the following unlocks:
- 757,575 $APE tokens valued at $451,713.40 will be released to the "Launch Contributor 2" allocation group, increasing the circulating supply by 0.08%
- 4,166,700 $APE tokens valued at $2,484,446 will be released to the "Yuga Labs" allocation group, increasing the circulating supply by 0.42%
- 277,780 $APE tokens valued at $165,629.74 will be released to the "Jane Goodall Legacy Foundation" allocation group, increasing the circulating supply by 0.03%
- 2,222,222 $APE tokens valued at $1,325,027 will be released to the "BAYC Founders" allocation group, increasing the circulating supply by 0.22%
- 7,343,750 $APE tokens valued at $4,378,801 will be released to the "DAO Treasury and Resources" allocation group, increasing the circulating supply by 0.73%
SuperRare - $RARE Token Unlock
SuperRare ($RARE) is a platform in the NFT space, focusing on the digital art market. It operates as a marketplace for artists and collectors to buy, sell, and trade unique, single-edition digital artworks. SuperRare stands out for its emphasis on high-quality, curated art, ensuring that each piece featured on the platform is a rare and valuable digital asset.
On Aug 17, 2024, SuperRare is set for the following unlocks:
- 4,531,250 $RARE tokens valued at $411,391.37 will be released to the "Investors" allocation group, increasing the circulating supply by 0.45%
- 6,250,000 $RARE tokens valued at $567,436.37 will be released to the "Community Treasury" allocation group, increasing the circulating supply by 0.63%
Zero Knowledge Network - $0KN Token Unlock
The Zero Knowledge Network, with its token $0KN, is a decentralized privacy network infrastructure. It aims to preserve user anonymity even against adversaries monitoring the entire network. $0KN leverages a next-generation, mixnet-based metadata-private anonymous broadcast network called Trellis. This network is designed to protect user anonymity, assuming that a fraction of all network servers might be malicious.
On Aug 18, 2024, Zero Knowledge Network is set for the following unlocks:
- 300,000,000 $0KN tokens valued at $90,587.84 will be released to the "Node/Server Rewards Lock" allocation group, increasing the circulating supply by 3%
Honorable Mentions
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!
