This week, a total of 6 projects unlocked tokens, among which VENOM unlocked a relatively high ratio of 2.9% of the circulation, but the amount was relatively small at 6.94 million US dollars. In addition, MOCA unlocked 2.3% of the circulation.
Venom
Project Twitter: https://twitter.com/VenomFoundation
Project website: https://venom.network/
Number of unlocked tokens this time: 59.32 million
Amount unlocked this time: Approximately 6.94 million US dollars
Venom is a Turing-complete proof-of-stake blockchain that uses a Byzantine Fault Tolerant consensus algorithm for block validation and creation as well as network security, using dynamic sharding to increase its transaction throughput and network capacity.
VENOM has initially started to unlock, and the current circulation is 28%. The unlocking targets are 17.94 million coins (US$2.1 million) for the ecosystem, 15.84 coins (US$1.86 million) for the community, 15 million coins (US$1.76 million) for early supporters, and 10.5 million coins (US$1.23 million) for the team.
The specific release curve is as follows:
Mocaverse
Project Twitter: https://x.com/Moca_Network
Project website: https://www.mocaverse.xyz/
Number of unlocked tokens this time: 44.22 million
Amount unlocked this time: Approximately 4.51 million US dollars
Mocaverse is a metaverse product under Animoca Brands that is building Web3 native tools to empower products in the gaming, cultural and entertainment verticals, allowing users to create their own digital identity, accumulate reputation, earn and spend loyalty points, and use their digital identity to access the Mocaverse ecosystem powered by Animoca Brands network of more than 450 portfolio companies and partners.
The unlocking ratio of MOCA is 32% (unchanged from last week), and the whole process is mainly linear unlocking. Next week, there will be a Cliff unlocking of 2.43 million MOCA sold by the community, with a value of US$249,000.
The specific release curve is as follows:
