Original author: Zack Abrams

原文标题:October preview: Celestia set to unlock $1 billion in tokens alongside these projects

Original source: The Block

Compiled by: Koala, Mars Finance

Here’s our preview of all the significant tokens scheduled to be unlocked in October, valued at $10 million or more.

Celestia’s massive $1 billion unlock is scheduled to take place at the end of this month and will kick off a year of daily token issuance.

Several prominent cryptocurrency projects plan to unlock a significant portion of their token supply during the upcoming “Uptober” weeks. The most significant of these is Celestia TIA, which plans to unlock over $1 billion worth of tokens at current prices.

Here’s an overview of all tokens worth $10 million or more scheduled to unlock in October, according to Token Unlocks.

Sui: October 1, $115.6 million

Sui, a layer 1 blockchain platform, plans to unlock approximately $115.55 million worth of tokens on October 1. This represents approximately 2.40% of its circulating supply.

ZetaChain: October 1, $38.6 million

ZetaChain will unlock approximately $38.59 million worth of tokens on October 1. This represents 13.43% of its circulating supply, making it one of the most unlocked tokens in recent times.

ImmutableX: October 4, $58.8 million

ImmutableX, a scaling solution for NFTs on Ethereum ETH, will unlock approximately $58.78 million worth of tokens on October 4. This accounts for approximately 2.02% of its circulating supply. As a major player in the NFT space, this unlocking may have important implications for the broader NFT market.

Aptos: October 11, $92.2 million

Aptos, another layer 1 blockchain project, will unlock approximately $92.17 million worth of tokens on October 11. This represents approximately 2.25% of its circulating supply. Known for its association with Facebook’s former Libra project, Aptos continues to be a high-profile player in the blockchain space.

Taiko: October 14, $23.4 million

Taiko, an Ethereum-based “rollup-based” token, will unlock 12 million tokens on October 14, worth about $23.4 million at current prices, or 15.70% of its circulating supply. In percentage terms, this is the second-largest token unlock scheduled for October.

Axie Infinity: October 14, $50.4 million

Axie Infinity, a popular blockchain game, will unlock $50.43 million worth of tokens (at current prices) on October 14. This represents 6.14% of its circulating supply. Back in June, the Norwegian government returned $5.7 million related to the Ronin bridge hack associated with Axie Infinity.

StarkNet: October 15, $30.6 million

StarkNet, an Ethereum layer 2 scaling solution, will unlock approximately $30.6 million worth of tokens (at current prices) on October 15. This represents approximately 3.60% of its circulating supply. StarkNet has been working to increase its network capabilities and reduce transaction costs, recently reaching 500 TPS on the mainnet.

Arbitrum: October 16th, 60.1 million USD

Arbitrum, another Ethereum Layer 2 scaling solution, will unlock approximately $60.14 million worth of tokens on October 16. This unlock accounts for approximately 2.56% of its circulating supply. Arbitrum has been gaining traction in the DeFi ecosystem and recently achieved a major milestone in terms of transaction volume.

ApeCoin: October 17, $13 million

ApeCoin, the token associated with the Bored Ape Yacht Club ecosystem, plans to unlock approximately $13.04 million worth of tokens on October 17. This represents approximately 2.31% of its circulating supply.

Celestia: October 30, $1.1 billion

Celestia plans to unlock 175.56 million TIA tokens, which are worth approximately $1.05 billion at current prices, on October 30 at 1:59 p.m. These tokens represent 81.94% of the circulating supply of the token. This unlock will also issue 998,580 tokens per day over the next year, which is worth nearly $6 million per day at current prices.

As previously reported by The Block, the Celestia Foundation recently raised $100 million in a funding round led by Bain Capital Crypto.