I shared this in another comment, but I thought this was a really interesting infographic. Pretty cool information about initial token distributions if you get the time to check it out:
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Isnt it interesting that they omitted Hive from there.
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Yeah, I think they were focusing on top 50 coins or something like that. I am not really sure.
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Yeah not surprising. When the centralized tokens start getting whacked, then people will realize what it looks like when things start to spread out and the value of it.
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For sure!
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Thank you for sharing this @bozz.
"Blockchains with concentrated insider ownership may be able to grow out of their initial distribution."
This is so important. I tend to stay away from projects where "Insider" share is more than 20%. It should be 'ZERO' imo and they should have something like Decentralized Fund that would help them to develop it further.
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Yeah, I agree. It was definitely eye opening for me.
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Yea the initial distribution includes a bunch of the creators taking a huge paycheck. I wonder how many of them started cashing out as soon as it went live though.
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Probably most of them if I had to guess!
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