The thing I fear most when investing in a project is the team dumping their tokens as soon as they unlock. Whether they do a good job or not, it’s all the same: they just wait it out and collect their money, while retail investors like us are left holding the bag.
Today, @NeoSoulAI’s
$DNA TGE went live. I took a look at its Believe plan, and it completely changes the logic around team token unlocks: no more waiting out a set period—the unlocks depend on performance. If the KPIs aren’t met, that period’s unlock is canceled outright.
Let’s start with the basic safeguard: the team’s tokens are locked for 12 months after the TGE. Of the 1 billion total supply of
$DNA , the team holds 10%, or 100 million tokens. None of the team’s tokens unlock on launch day; they only enter the unlock phase after being locked for a full year.
This is different from most projects. Once the lockup period ends, they won’t use the traditional linear unlock schedule. The model of releasing tokens at a steady monthly pace is scrapped and replaced with KPI-based unlocks.
Each period has a maximum unlock amount based on the original plan—it can only be reduced, never increased. If the KPIs for a given period aren’t met, that period’s unlock is canceled. Put simply, if the team wants to receive these tokens, they have to deliver. They can’t just coast and wait it out; otherwise, they get nothing for that period.
I’m sure some people will say, “But aren’t the KPIs still up to the project team?”
That’s not something to worry about. The Believe plan has a clearly defined public reporting mechanism. At the end of each unlock period, the team will publish the KPI results and verification data. The amount unlocked and the amount canceled will both be disclosed down to the exact number of tokens and percentage, and the corresponding amounts will also be verifiable on-chain.
At its core, this ties the team’s rewards much more closely to the project’s progress.
In the past, projects traded time for money: once the lockup period ended, the team was in the clear. NeoSoul trades results for money: if performance falls short, that period’s tokens won’t unlock.
Projects willing to directly tie team unlocks to real performance are genuinely rare in this market.
$DNA is seriously impressive. Keep Building 🚀
#NeoSoul #NeoTrade #dna