5 Solve signs to take care of next week

Table of Contents

• 1 Immutable (IMX)
• 2 Hope (OP)
• 3 1 inch (1 inch)
• 4 Sui (SUI)
• 5 ZetaChain (ZETA)
• 6 Considering the ethical considerations mentioned,‌ how can⁢ crypto projects strike a balance between rewarding early supporters through token unlocks while ⁢ensuring fair distribution and long-term sustainability for all participants?

Token unlocks redemption tokens that were previously restricted under the crowdfunding agreement. The project schedules these calls strategically to reduce market pressure and prevent a drop in benchmark prices.

Here are three key console releases to watch next week.

Immutable (IMX)

• Release date: November 29
• Number of unlocked tokens: 24.52 million IMX
• Current circulating supply: 1.67 billion IMX

A secure, layer-2 solution for scaling NFT of Ethereumraised US$12.5 million in just one hour during the IMX token sale on CoinList in September 2021. In March 2022, the project raised US$60 million in an investment round, followed by US$200 million plus from investors such as ParaFi Capital, Confirmation Partners, and Tencent Holdings.

On November 29, Immutable will release 24.52 million new IMX tokens into circulation. These tokens will support project development and growth within the wider Immutable ecosystem.

Hope (OP)

• Release date: November 30
• Number of unlocked tokens: 31.34 million OP
• Current circulating supply: 1.25 billion OP

Hopelayer-2 scaling solution, increasing transaction speed and reducing fees on the Ethereum mainnet. OP tokens are critical for governance, allowing holders to vote on proposals and influence network development and management.

On November 30, Optimism will release 31.34 million OP tokens into circulation. Tokenomist (formerly TokenUnlocks) reports that key participants and investors will receive these tokens.

1 inch (1 inch)

• Release date: November 30
• Number of unlocked tokens: 98.74 million 1INCH
• Current circulating supply: 1.27 billion 1INCH

1inch is a decentralized exchange aggregator that aggregates liquidity from various DEXs to offer users the best trading rates. This makes trading easier by identifying the most efficient trade routes, reducing slippage, and reducing costs.

On November 30, 1inch will unlock nearly 100 million 1INCH tokens. These tokens are allocated to developers, early investors, and venture capital funds.

Sui (SUI)

• Release date: December 1
• Number of unlocked tokens: 64.19 million SUI
• Current accumulated supply: 2.84 billion SUI

Sit is a high-performance level-1 blockchain designed to improve network functionality and security using a Proof-of-Stake consensus mechanism. Developed by Mysten Labs, the project was founded in 2021 by former Novi Research employees who were instrumental in creating the Diem blockchain and the Move programming language.

SUI tokens support governance, allowing holders to vote on important proposals and influence the direction of the platform. On December 1st, the next token solution will release the majority of tokens issued to Series A and B partners, community reserves, and Mysten Labs funds.

ZetaChain (ZETA)

• Opening date: December 1
• Number of unlocked tokens: 53.89 million ZETA
• Current circulating supply: 517.85 million ZETA

ZetaChain is a decentralized blockchain platform designed to enable seamless interaction between different blockchain networks. The main feature of the platform is enabling cross-chain communication, enabling the exchange of tokens and data across blockchains such as Ethereum and Binance Smart Chain.

On December 1, ZetaChain will release nearly 54 million ZETA tokens. These tokens will support a variety of initiatives, including user growth pools, ecosystem growth funds, awards for key contributors, advisory roles, and liquidity incentives.

Next week’s marked rock opening will also include Cardano (ADA), Athena (ENA), and dYdX (DYDX), among others, with a combined total value exceeding US$540 million.