One week Token unlock: XAI unlocks 6.3% of the circulating supply of Tokens.

Next week, 12 projects will undergo Token unlocking events, with small unlocking amounts overall, except for XAI, which will have a relatively large unlocking amount, accounting for 6.3% of the circulation.

Xai

Project Twitter: _GAMES

Official website of the project:

Unlock amount: 35.81 million

Unlocked amount this time: about $6.41 million.

Xai is the first Layer 3 blockchain in the Arbitrum ecosystem, aimed at guiding traditional gamers to web3 games. Xai empowers traditional gamers to participate in open trading, allowing them to trade in-game items in their favorite games without interacting with an encryptionWallet. The Xai network is open and decentralized, allowing anyone to operate a Node, earn network rewards, and participate in governance.

XAI has entered the initial unlocking and acceleration period, with relatively many allocation targets, including 17.33 million tokens for investors (3.1 million US dollars), 11.9 million tokens for the team (2.13 million US dollars), 3.38 million tokens for reserves (604 thousand US dollars), and 3.27 million tokens for the ecosystem (586 thousand US dollars).

The specific release curve is as follows:

CyberConnect

Project Twitter:

Official website of the project:

Unlock amount this time: 880,000 coins

This unlocking amount: approximately $2.73 million

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 fully owned by the users, thus creating value for the users. The governance Token of CyberConnect protocol is CYBER, use cases include voting governance, paying gas fees, etc.

This is the regular release phase of CYBER, including 722,000 coins for ecological development, worth about $2.26 million; and 163,000 coins for the community treasury, worth about $509,000.

The specific release curve is as follows:

Starknet

Project Twitter:

Official website of the project:

This unlocking quantity: 64 million coins.

Unlock amount this time: about $27.96 million

Starknet is the Layer 2 of Ethereum, which utilizes zk-STARKs technology to make Ethereum transactions faster and with lower fees. StarkNet’s 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 computations without requiring every network node to validate each operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

Currently, it is still the unlocking period for STRK investors, including 33.57 million coins from early contributors, worth $13.23 million; and 30.43 million coins from investors, worth $11.99 million.

The specific release curve is as follows: