Hello, TokenUnlocks Alpha 🕵️! We extend a warm welcome to the January 2024 Monthly Unlocks report, representing the eighth installment in our continuous series. Expect a comprehensive unlocking of $2,133 million this month as we delve into the intriguing revelations surrounding upcoming token releases. In this piece, we aim to provide essential perspectives on leading projects and their unlocking timelines for January and the following two quarters. Join us on this exciting exploration of the intricate world of tokenomics as we decode the future once more!
Before delving into the heart of this article, it's essential to acquaint yourself with a few key terms and units that will serve as your compass through the content:
Cliff Unlocks
In a cliff unlock schedule, tokens remain locked until a specific event or date is reached. Once the predetermined condition is met, all tokens are released simultaneously.
Linear Unlocks
In a linear unlock schedule, tokens are gradually released at a consistent, predetermined rate over a set period. For instance, if 30% of tokens are scheduled to be unlocked within a month, approximately 1% of tokens would be released daily. In some cases, tokens can be released at every x% per transaction or block when vested in a smart contract.
Token Emission
Token emission refers to the process of introducing new or vested tokens into the circulating supply.
$M (market value)
Unlocked amount * Token price
%Total
Unlocked amount / Total supply
%Circ.
Unlocked amount / Circulating supply
By acquainting yourself with these concepts, you'll be better prepared to unravel the complexities of the token unlocks discussed in this article.
All January Unlocks (combination of Cliff, Linear, and New Issuance unlocks)
Let's explore the overall unlocks for January. The projects in the table below possess a market value ($M) for their total January unlocks surpassing 30 million dollars. It's important to note that this amount includes all types of unlocks. If you're interested in a comprehensive breakdown of each unlock type, continue reading.
Projects that have an unlock amount exceeding 10% of the current circulating supply are specially highlighted.