Celestia's tokenomics is more of a cash grab by VC. My concerned, is that on October 20, 2024, a massive unlock will occur resulting in possibly $730M of potential selling pressure.
I was interviewed by someone at Certik regarding my concerned, feel free to listen to the video.
VC's have enriched themselves by up to 60,000% already on this one, and at any moment they could dump on retail investors.
While Celestia may be great technology, the tokenomics could have been done a lot better. Show Less
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