Thread by @lookonchain

According to @Token_Unlocks, 372.57M $SAND ($259M) will be unlocked tomorrow, accounting for 12.4% of the total supply.

1.🧵
Here is a thread of $SAND.

- $SAND Tokenomics
- Unlocking of $SAND
- Noteworthy addresses

2.
$SAND Allocation & Supply Schedule

- Binance Launchpad Sale: 360M $SAND(12%)
- Seed Sale: 515.3M $SAND(17.2%)
- Strategic Sale: 120M $SAND(4%)
- Foundation: 360M $SAND(12%)
- Team: 570M $SAND(19%)
- Advisors: 300M $SAND(10%)
- Reserve: 774.7M $SAND(25.8%)

3.
$SAND Token Sale

- Seed Sale Allocation: 515.3M $SAND
- Seed Sale Token Price: $0.0036
- Strategic Sale Allocation: 120M $SAND
- Strategic Sale Token Price: $0.005
- Binance Launchpad Sale Allocation: 360M $SAND
- Binance Launchpad Sale Token Price: $0.0083

4.
Unlocking of $SAND

The last 2 unlocks of $SAND were accompanied by a decrease in the price of $SAND.

5.
The unlock time is not fixed.

On Aug 12, 2021, 117.6M $SAND ($74M) was unlocked and transferred to exchanges.

On Feb 8, 2022, 56M $SAND ($261M) was unlocked and transferred to exchanges.

On Feb 12&13, 2022, 29.1M $SAND ($38.6M) was unlocked and transferred to exchanges.

6.

And The Sandbox: Genesis transferred 40M $SAND($31M) to #Binance on Feb 4.

etherscan.io/token/0x3845ba…

7.

@hashed_official, the investor and advisor of @TheSandboxGame, transferred 29.4M $SAND ($38M) to #Binance during FTX/Alameda crash.

And Hashed currently holds 29.4M $SAND ($19.5M).

etherscan.io/token/0x3845ba…

8.

Every time investor "0xac8e" gets the unlocking $SAND, he/she always transfers $SAND to #Huobi to sell the next day.

etherscan.io/token/0x3845ba…

9.
Smart DEX trader: debank.com/profile/0xe472…

The SmartMoney bought 682,410 $SAND with a cost of $547,520, the average buying price is $0.8, and sold 465,000 $SAND for $1,672,660, the average selling price is $3.6.

He made $1.125M and currently holds 217,410 $SAND ($150,669).

10.

Follow @lookonchain and turn on notifications, or join our telegram group to receive alpha information of $SAND.
t.me/lookonchain