Pieverse’s initial 12-month lock-up period for allocations to the team, advisors, and early investors ends today. According to the project’s published distribution plan, tokens allocated to these groups will begin to be released gradually after a one-year waiting period. Of the total 1 billion $PIEVERSE supply, 20% is allocated to the team and advisors, and 15% to investors.
According to the data, today’s total tranche, including other allocations, is approximately 33.41 million $PIEVERSE, or approximately 3.34% of the total supply. At $1.63 per token, the market value of the launch is approximately $54.5 million. The schedule includes tranches from community, ecosystem, and foundation reserves, as well as team and investor allocations.
The key difference in today’s development is that team and investor allocations are included in the distribution schedule for the first time. The project document confirms a one-year lock-up for these groups, followed by gradual unlocking. The daily total of 33.41 million is the amount modeled by followers. How many tokens that became eligible for vesting today have been transferred to wallets or exchanges will become clear as transfers are observed.
*This is not investment advice.
