I saw the Tokenomice in the Whitepaper and there is a big chunk of Team, half of that is Seed1/Seed2 + 3% Advisors making that a whopping 33% preallocation. Seems dangerous to me to have such a Preorder on the list. Any thoughts about that?
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Team has 24 months of vesting, as well as early investors. So they will not dump.
It's not about that. The question is why do I have such a massive allocation? They assume to make millions per head out of their preallocation.
Good for them, but don't they make it a Security in that way?
Yes, it is not an ideal allocation, but the team is not out for quick a pump&dump, I think they have a genuine interest of the project on the long run, so those tokens won´t create much selling pressure. Just my 2c.
The circulation is https://app.data-lake.co/ shown as slightly below 70M. Just showcase the numbers in perspective, 33% are 2.5b.
I'm not getting the idea of putting it on ETH. Currently very low, but still $30.20 if I'd execute a normal speed transaction with these tokens right now at this very moment.
https://www.dextools.io/app/en/ether/pair-explorer/0xefd69f1ff464ed673dab856c5b9bca4d2847a74f
Activity is slow so far. Did you choose to get a small bag?
Yes, but I paid much less than the 30$ you mentioned. Maybe it went up due to the kind of bull run and I went in slightly before.
Wow, that is something. Well, you are in the first 500 wallets to acquire it, good position to be in!