Weekly Vesting: Top 5+ Token Unlocks Aug 20th to 26th | AI Projects, $PPT, $NERD
In the week of Aug 20 to Aug 26 we are expecting 5 major unlocks. Solidus AITech should increase their supply by 3.75%, AIMalls by 3% and many more are to come.
🔒 Interesting Token Unlocks This Week:
- $PPT - 2.16% of the total supply will enter circulation on Aug 20, 2024.
- $NERD - 1.67% of the total supply will enter circulation on Aug 20, 2024.
- $DYDX - 1.77% of the total supply will enter circulation on Aug 22, 2024.
- $AITECH - 3.75% of the total supply will enter circulation on Aug 24, 2024.
- $AIT - 2.96% of the total supply will enter circulation on Aug 25, 2024.
Pop Token - $PPT Token Unlock
Pop Social Token ($PPT) is the native cryptocurrency of the Pop Social platform, a blockchain-based social media ecosystem that integrates Web3 technology. Designed to reward user engagement and content creation, $PPT functions as both a utility and governance token within the platform. Users and creators on Pop Social can earn $PPT through various activities such as posting, sharing, and interacting with content. The token can be used for accessing premium features, tipping creators, and purchasing NFTs within the ecosystem.
On Aug 20, 2024 Pop Token is set for the following unlocks:
- 2,500,000 $PPT tokens valued at $138,533.15 will be released to the "Foundation Reserve" allocation group, increasing the circulating supply by 1.25%
- 416,667 $PPT tokens valued at $23,088.86 will be released to the "Strategic Round" allocation group, increasing the circulating supply by 0.21%
- 166,667 $PPT tokens valued at $9,235.54 will be released to the "Advisors" allocation group, increasing the circulating supply by 0.08%
- 230,833 $PPT tokens valued at $12,791.23 will be released to the "Treasury" allocation group, increasing the circulating supply by 0.12%
- 1,000,000 $PPT tokens valued at $55,413.26 will be released to the "Developer Team" allocation group, increasing the circulating supply by 0.5%
Nerd Token - $NERD Token Unlock
$NERD is the native token of the Data Nerd project developing an on-chain analytics Telegram bot, NerdBot. Through this bot users may access real-time market data, exchange inflows/outflows, trending topics, analyze specific projects, conduct trades and so on. $NERD token can be staked to gain a share of the revenue generated by the project. The revenue-sharing capacities are split among different tiers.
On Aug 20, 2024 Nerd Token is set for the following unlocks:
- 1,666,667 $NERD tokens valued at $7,483.63 will be released to the "Community Fund" allocation group, increasing the circulating supply by 1.67%
dYdX - $DYDX Token Unlock
dYdX ($DYDX) is a decentralized exchange that offers advanced trading features such as perpetual contracts, spot trading, and margin trading. Initially built on Ethereum's Layer 2 solution StarkEx to enhance scalability and reduce gas fees, dYdX transitioned to its own blockchain using the Cosmos SDK with its v4 upgrade, achieving full decentralization and higher transaction throughput. The platform is designed for both individual and institutional traders, providing leveraged trading opportunities and maintaining a non-custodial model, which ensures that users retain control of their funds.
On Aug 22, 2024 dYdX is set for the following unlocks:
- 9,233,333 $DYDX tokens valued at $10,366,528 will be released to the "Investors" allocation group, increasing the circulating supply by 0.98%
- 5,100,000 $DYDX tokens valued at $5,725,916 will be released to the "Employees and Consultants" allocation group, increasing the circulating supply by 0.54%
- 2,333,333 $DYDX tokens valued at $2,619,700 will be released to the "Future Employees and Consultants" allocation group, increasing the circulating supply by 0.25%
Solidus AITech - $AITECH Token Unlock
Solidus AI Tech ($AITECH) is a blockchain-based project focused on providing high-performance computing (HPC) power and AI services through its AI-as-a-Service (AIaaS), Blockchain-as-a-Service (BaaS), and Infrastructure-as-a-Service (IaaS) offerings. The platform is powered by its native AITECH token, which is used for accessing services, participating in governance, and earning staking rewards. Solidus AI Tech operates an eco-friendly HPC data center in Bucharest, Romania, with plans to expand across Europe.
On Aug 24, 2024 AITECH is set for the following unlocks:
- 16,666,667 $AITECH tokens valued at $1,167,869 will be released to the "Pre-Public" allocation group, increasing the circulating supply by 0.84%
- 18,333,333 $AITECH tokens valued at $1,284,656 will be released to the "Private" allocation group, increasing the circulating supply by 0.92%
- 32,000,000 $AITECH tokens valued at $2,242,308 will be released to the "Strategic/Ecosystem" allocation group, increasing the circulating supply by 1.61%
- 7,619,048 $AITECH tokens valued at $533,882.85 will be released to the "Seed" allocation group, increasing the circulating supply by 0.38%
AiMalls - $AIT Token Unlock
AIMalls is a Web3 project that aims to innovate e-commerce by integrating artificial intelligence and blockchain technology. The platform allows users to create and manage AI-powered virtual shopping malls and stores in the metaverse. $AIT is the native token of the AIMalls ecosystem, used for governance, transactions within the virtual malls, and rewards for store owners and shoppers.
On Aug 25, 2024 AiMalls is set for the following unlocks:
- 17,708 $AIT tokens valued at $24,454.66 will be released to the "Staking" allocation group, increasing the circulating supply by 2.12%
- 3,542 $AIT tokens valued at $4,890.99 will be released to the "Foundation" allocation group, increasing the circulating supply by 0.42%
- 3,542 $AIT tokens valued at $4,890.99 will be released to the "Marketing" allocation group, increasing the circulating supply by 0.42%
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!
