Sentient @SentientAGI has finally announced its token economics, and the TGE should happen before the end of the year. There are several highlights worth noting.
▪️Nearly 66% of the supply is allocated to the community, which is quite a high proportion.
▪️Of that, 44% is for community incentives and airdrops, 19.55% for ecosystem development and research, and 2% for public auction.
▪️The team's allocation is 22%, with a 6-year vesting period, which is indeed one of the longest in the industry, with a 1-year lock-up period + 6 years of linear release.
▪️For investors, the allocation is 12.45%, with no token release at TGE, followed by a 1-year lock-up + 4 years of linear release.
The early circulating supply mainly consists of the community, ecosystem, and public auction, while tokens for the team and investors will be released much later, so there won't be a significant sell-off pressure from internal personnel in the initial stages.
Moreover, the team's 6-year vesting period is longer than the 2-4 years of most projects, demonstrating a commitment to long-term development.
〰️〰️〰️〰️
Apart from the airdrop portion, the current focus for everyone is the 2% community round that will be fully unlocked at TGE.
The official has clearly stated that the community round price will be lower than the investors' price.
Currently, the pre-contract FDV on Binance is around $1.3 billion.
According to Polymarket data, there is a 56% chance that the FDV will exceed $800 million after release, and a 39% chance it will exceed $1 billion.
Details of the public round have not yet been announced, and at this time of AI Agent explosion, Sentient's positioning as an open-source AGI platform still has a lot of imaginative space.
We will study whether to participate after the details are released.🤔
#SENT $SENT