Someone asked: What does a “KOL round” for a new token mean?
My answer: Some tokens have a relatively high unlock percentage for their KOL round at TGE, which can lead to concentrated selling early after launch. Those who got tokens at a low price and have a short vesting period have more room to sell after launch. This is a result of the incentive structure, not a judgment about any particular person.
$BNB 722.23 (-0.97%)
Were you familiar with this before?
My answer: Some tokens have a relatively high unlock percentage for their KOL round at TGE, which can lead to concentrated selling early after launch. Those who got tokens at a low price and have a short vesting period have more room to sell after launch. This is a result of the incentive structure, not a judgment about any particular person.
$BNB 722.23 (-0.97%)
Were you familiar with this before?