Investor allocations for newly launched tokens have been decreasing over time since 2013 from an avg. of ~25% to ~15% in 2021-2022
Seems tokens have been relying less on external capital over time
Team allocations have been increasing over time since 2013, from an avg of ~5% in 2013 to ~20% in 2021-2022
Seems like teams wanted a bigger share of the pie as crypto related technology improved
Airdrops grew in popularity during the run-up of 2017 and peaked in 2018
After a brief cool-off, Airdrop allocations have increased in recent years - from nearly 0% in 2019 to 15% in 2021-2022
DAOs have shifted the majority of ownership / allocation to the Community Treasury and Ecosystem Incentives, rather than teams and investors
Empirical research suggests the below is the optimal allocation for best token price performance
0% of tokens were earmarked for Public Sales. In the event there is a Public Sale, those tokens should be pulled directly from Team, Investor and Community Treasury - in that order
It is expected more token distributions to favor active contributors in future, less towards those merely providing capital
While the above data is not all-encompassing, the report can provide useful info in mapping token distribution for teams willing to launch a new coin
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On 17th March, will start a 1-month period with linear unlock of 4% of total supply (intense🚨)
What it is happening on chain ahead of the unlock?⛓️⛓️
A thread🧵🧵
Smart money wallets have been reducing their allocation balance since launch, but in the last 7 days there were several transactions going on the opposite direction of this trend
Yesterday, a fresh wallet bought $3.9mln $APE from Coinbase (as tagged by @nansen_ai ), which is worth $16m
Today @coinbase launched testnet of its Ethereum Layer 2 “BASE”
What is it? / how does it work? / what will be its impact in the broader crypto space?
A thread🧵🧵
1/ What is BASE?
> $ETH layer 2
> destined for @coinbase onchain products and as open ecosystem where anyone can build apps onchain
> initially incubated into @coinbase and will progressively be decentralized
> powered by Optimism ($OP)
> they will not issue a new network token
2/ Why they are building BASE
> Goal is bringing people in the crypto space and increasing onchain crypto usage
> They claim the vision is creating an environment with useful Dapps to onboard **1bn** users