At this stage, nearly 80% of the tokens are in circulation, with approximately 35% of the total supply for the team and advisors.
This allocation grants significant power to these holders. It's surprising that the token price has only experienced a 55% drop since its inception, as reported on coinmarketcap.com. This gives hope for the long term vision and is why I give 2 stars instead of 1.
The initial token distribution for Centrifuge (CFG) is as follows:
- 17.10% allocated to the Private Sale
- 27.00% allocated to the Team and Advisors
- 9.50% allocated to the Public Sale
- 7.30% allocated to Rewards & Grants
- 8.30% allocated to the Early Ecosystem
- 11.80% allocated to Development Grants
- 7.10% allocated to Community Grants
- 11.80% allocated to the Foundation Show Less
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