#sei Unlocking and Tokenomics
In the your picks section of the week, we examine #sei, first of all, let's see what they do...
Sei represents a pioneering approach to blockchain, specifically designed to improve the functionality and performance of decentralized exchanges (DEXs). Considered the first Layer 1 blockchain native to the industry, it offers exchanges a significant competitive advantage by focusing on optimizing trading processes. The platform is designed to meet the high demands of DEXs at the core of the crypto ecosystem, facilitating not only asset trading but also serving as a platform for NFT and in-game item exchanges.
The importance of DEXs cannot be overstated, as they have become an integral part of the wider adoption and use of cryptocurrencies, NFTs, and blockchain technology in gaming. However, despite their critical role, DEXs have faced challenges due to the limitations of existing blockchain infrastructures, which often struggle to provide the required reliability, scalability, and speed. By directly addressing these issues, Sei ensures that exchanges can operate without the risk of catastrophic downtime, which is less tolerable in the trading space compared to other blockchain applications.
In addition to its technical capabilities, Sei is committed to sustainability by aiming for carbon neutrality in its operations. This commitment reflects a growing trend towards environmental responsibility in the crypto industry. Sei’s development is also supported by partnerships with various organizations in the crypto space, highlighting its collaborative approach to innovation.
Yes, he explained it well, I did it with help from grok, we can describe this section in one sentence as producing security and scaling solutions for dexes, dexes are riskier but also highly profitable buy and sell platforms that have been increasing in number lately and are the first to function during the adaptation of coins to the market, I think it is a good job, I mean I liked it, we have not examined such a job before, it is a unique job in my opinion...
Yes, let's get back to the main issue, first examine the tokenomics, then the vesting process, and make our final comment, let's get started.
Tokenomics;
🟡Ecosystem Reserve 35.3%
🟡Private Sale Investors 20%
🟡Team (2-4 years) 15.2%
🟡Ecosystem Reserve 12.8%
🟡Foundation 9.00%
🟡Team (5-6 years) 4.80%
🟡Binance Launchpool 3.00%
🟡Ecosystem Reserve 35.3%
- This is the funds allocated for the ecosystem. That is, for the development of the project, for marketing, maybe a little bit for coffee money.
🟡Private Sale Investors: %20
- These are the first investors of the project. Without them, this ship would not sail.
🟡Team (2-4 years): %15.2
- The team's share of the first tranche. This is to ensure the motivation of those running the project.
🟡Ecosystem Reserve (repeat): 12.8%
- Yes, this is also for the ecosystem. Maybe this time for slightly bigger plans.
🟡Foundation: %9
- The part allocated for the Foundation. This will allow the project to achieve its larger goals.
🟡Team (5-6 years): %4.8
- The second tranche of the team. This is for long-term motivation.
🟡Binance Launchpool: %3
- Ah, the collaboration with Binance. This will make the project a little more accessible.
This distribution reflects a strategy that aims to achieve both short-term and long-term goals of the project, meaning a fair share for the ecosystem, investors and the team.
Grok wrote all these lines sarcastically, my lion, he solved the problem by hanging out with me, we have an incredible relationship, we talk about everything :) thanks grok @grok
Now let me join in with a few words, actually grok explained it well but there are a few interesting points, the shares allocated for the team are divided into 2 parts, this is a rare situation, again a binance launchpool job, it has not been a very public distribution, but the latest projects are not always like this, it is not surprising.
Let's take a look at the situation we are in the market;
👉Total supply: 10,000,000,000 SEI
👉Circulating supply: 3,175,000,000 SEI
👉Market value: $900,023,957
and it is in 69th place in the market#seiproject is in a very good ranking, I know these values have lost a lot of blood and have been affected by the decline, but if we look at the ranking, it is in an extremely strong position #sei..
Up to this point everything seems fine, it's going very well from my point of view#seiI hope the vesting process is good and we add it to our list of investable coins. After our last#suireview we said it could be invested and we made exactly 2x from the point we said, which means we can identify businesses that can stand out in the market, this is great!!!
💙I would like to state that I need your support to continue this series, please make me very happy if you like and rt right now...
Unlocking;
🟡Ecosystem Reserve
35.3% allocated to the ecosystem
36.9% of this allocated share was immediately unlocked and put into circulation on the listing day, then daily unlocking began, and regular unlocking continues every day from the listing day onwards.
Daily: 3.03 million #sei
This supply will continue until 15.08.2025.
🟡Private Sale Investors
20% share allocated to angel investors
Those who have been locked up until today will be unlocked starting tomorrow (15.08.2024) and will be offered daily.
Daily: 1.82 million#seiwill be given to angel investors
Daily supply will continue until 15.08.2027
This is the first time we've come across such a recent review, let's continue :)
🟡Team (2-4 years)
15.2% of the initial share allocated for the team has already been taken from 22.2% of this allocated section on the listing day, they will start the daily unlocking process starting from tomorrow, 15.08.2024
Daily: There will be a supply of 3.99 million#seiunits
This supply will continue daily until 15.08.2027.
🟡Ecosystem Reserve
Let's say that 12.8% is another share allocated for the ecosystem. It is not possible to track this share, it has been unlocked, it has either been used or will be used when deemed necessary.
🟡Foundation
9.00% share allocated to the foundation.
22.2% of this allocated share was offered directly on the listing day, and the remaining part was offered daily.
Daily: 954,000#seiare put into circulation every day
It ends on 15.08.2025.
🟡Team (5-6 years)
The second share, 4.80%, is reserved for the team; it seems like the team is a bit greedy :)
The distribution will start on 15.08.2027, we will skip this part, there is still plenty of time...
🟡Binance Launchpool
3.00% of the total amount distributed and finished on the day of listing is an advertising promotion issue.
Yes friends, we saw the issue, even though it was out of the corner of my eye, I did a technical analysis to understand the price movement, in my own way, it experienced an 82% decrease from the peak price of 1.14 to the bottom price of 0.20, like all other coins, this is a very serious decrease, but unfortunately many of the newly released projects shared the same fate... of course, the unlocking in front of me also played a role in the pressure on the price in recent months... We do not do technical analysis, but I saw the need to mention it to reveal the situation.
Now tomorrow is an important day, the unlocking process is already ongoing, new items will be added to them and the daily supply will increase, at this point I don't think this will affect the price anymore, I don't think the team and angel investors will sell at this price, maybe a very small part will be sold for urgent needs, but I believe that the vast majority will wait for a better price, so#seihas to live with this supply pressure, we can't change this, it needs to attract more investors to increase, and the actors who hold this supply at important levels will definitely pressure the price by gradually selling, but I'm adding#seito the list of investable coins, if you ask why, it won't experience a supply shock from now on, there will be an ongoing supply increase anyway, this will make it easier to hodl the product, I also liked the work they did, of course we need to examine the work in more detail, look at who they have partnerships with.
#sei is ahead of me, friends...
🛑It is not right to make an inference about the price from this article, many other dynamics affect the price, that is, it is not said to buy, sell, hold, sell, buy etc.
🔵I want support with RT please respect the effort!!!
#xai#wld#arb#portal#tia#zk#apt#ach These are my latest writings, you can find them on my page..
The cryptorank site was used as the source.
There may be typos, I'm very tired, sorry.
#btc#Satoshi#altcoins#xrp#wld#arb#apt#ethfi #pepe#edu#doge#shiba#wld #binance
#Bitcoin#ETH#Crypto#BTC#Ethereum#zk#portal#xai#wld#zkysnc#zk#not#SEIUSDT #SEI
