One week Token unlock: VENOM will unlock 12.7% of the Circulating Supply of Token

Next week, 10 projects will have Token unlocking events, with a large amount of unlocking for VENOM, and relatively large unlocking amounts for YGG and PORTAL.

Venom

Project Twitter:

Official website:

This unlocking quantity: 235 million coins.

Unlocked amount this time: approximately $25.68 million

Venom is a Turing Complete proof of stake Blockchain, which uses Byzantine fault tolerance Consensus Algorithm for block validation and creation as well as network security, and employs dynamic Sharding to increase its transaction throughput and network capacity.

VENOM will begin unlocking initially, and the unlocking speed will gradually increase. This round of unlocking is aimed at ecological unlocking of 219 million tokens, with a value of approximately $23.45 million. It is also aimed at community unlocking of 15.84 million tokens, with a value of approximately $1.69 million.

The specific release curve is as follows:

YGG

Project Twitter:

Official website:

Unlock quantity: 14.07 million coins

Unlock amount this time: about $6.29 million

Yield Guild Games (YGG) is a Decentralized Autonomous Organization (DAO) that invests in Non-fungible Tokens based on virtual world and Blockchain games.

This round is a regular release of YGG, and the unlocked objects include 5.32 million tokens for the community ($2.45 million), 4.17 million tokens for the founders ($1.92 million), 2.31 million tokens for the treasury ($1.07 million), and 2.28 million tokens for investors ($1.05 million).

The specific release curve is as follows:

Portal

Project Twitter:

Official website:

Unlock amount this time: 609 million coins

This unlocking amount: about 179 million US dollars

Portal is a Web3 gaming platform. PORTAL is the native platform coin of the platform, serving as a link between Web3 games and game players, providing a unified access point for Web3 gaming and game-related transactions for players. Ecological participants can run nodes based on the Portal Web3 engine and LayerZero relayer to provide verification of cross-chain interaction transactions, thus achieving asset interoperability.

PORTAL is currently in a high-speed release phase, with a circulation ratio of 36%. One year later, the Circulating Supply will double. The main recipients of the allocation include private sale investors, public sale investors, and the treasury, with a daily unlock value of approximately 27,000 USD Token.

The specific release curve is as follows: