One-week token unlocking: XAI unlocks 6.3% of the circulating supply

Next week, 12 projects will have token unlocking events, and the unlocking amounts are not large. Only XAI will unlock a large amount, accounting for 6.3% of the circulation.

Xai

Project Twitter: https://twitter.com/XAI_GAMES

Project official website: https://xai.games/

Number of unlocked tokens this time: 35.81 million

Amount unlocked this time: Approximately 6.41 million US dollars

Xai is the first Layer 3 blockchain in the Arbitrum ecosystem, designed to onboard traditional gamers to web3 gaming. Xai empowers traditional gamers to participate in open exchanges, enabling them to trade in-game items in their favorite games without having to interact with a crypto wallet. The Xai network is open and decentralized, enabling anyone to operate a node, earn network rewards, and participate in governance.

XAI has initially entered the accelerated unlocking period, with relatively more distribution targets, including 17.33 million coins (US$3.1 million) for investors, 11.9 million coins (US$2.13 million) for the team, 3.38 million coins (US$604,000) for reserves, and 3.27 million coins (US$586,000) for the ecosystem.

The specific release curve is as follows:

CyberConnect

Project Twitter: https://twitter.com/CyberConnectHQ

Project website: https://cyberconnect.me/

Number of unlocked tokens this time: 880,000

Amount unlocked this time: Approximately 2.73 million US dollars

CyberConnect is a decentralized social graph protocol based on blockchain technology. CyberConnect builds a unified social graph where users can migrate their identity information, social relationships, etc. to different networks and platforms. At the same time, these personal data are completely owned by the users, thus creating value for the users. The governance token of the CyberConnect protocol is CYBER, and use cases include voting governance, paying gas fees, etc.

The current phase is the regular release of CYBER, including 722,000 for ecological development, worth about 2.26 million U.S. dollars, and 163,000 for the community treasury, worth about 509,000 U.S. dollars.

The specific release curve is as follows:

Starknet

Project Twitter: https://twitter.com/Starknet

Project official website: https://starknet.io/

Number of tokens unlocked this time: 64 million

Amount unlocked this time: Approximately 27.96 million US dollars

Starknet is Ethereums Layer 2, using zk-STARKs technology to make Ethereum transactions faster and less expensive. StarkNets parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main products include Starknet and StarkEx. By using STARK, Starknet verifies transactions and calculations without requiring all network nodes to verify each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

It is still the investor unlocking period of STRK, including 33.57 million coins for early contributors, worth $13.23 million; and 30.43 million coins for investors, worth $11.99 million.

The specific release curve is as follows: