Out of the $2 billion worth of tokens scheduled for unlocking in December, around $33 million worth of tokens will be released into the market today. There are $568 million worth of tokens to be unlocked in the first week of this month, and among these are a few important token unlocks happening this week.
SIPHER to unlock 20 million tokens
The SIPHER AGI ecosystem integrates AI, GAMING, and decentralized INFRASTRUCTURE (AGI) to pioneer a new generation of immersive and interactive entertainment experiences.
The ecosystem’s token SIPHER is currently priced at $0.01188, which has crashed by almost 2% during the past 24 hours. It has been on a downtrend since July, with every attempt to recover failing. When the prices are crashing, SIPHER will unlock more than 20 million SIPHER, worth about $242K today. With this unlock more than 32% of the total supply will be unlocked and released into the market.
GATA to release 20 million tokens
GATA is a decentralized AI platform that aims to provide computing resources (like GPU power) and data services for AI model training and inference — but in a distributed, blockchain-enabled way rather than via centralized cloud providers.
The native token GATA has several core functions within the GATA ecosystem:
Payments for using the platform, rewards for contributors. Staking / Governance where token holders can stake and/or participate in governance, voting on parameters, resource allocation, fee structures, etc. Access to platform services provided by Gata.
GATA will unlock 20M tokens tomorrow, worth about $165K. Unlike other projects, which usually have token unlocks every month, GATA has unlocks scheduled for every three months.
Cyber Arena releases 55 million CAT tokens
CyberArena AR/VR is a project that integrates AR/VR features and crypto economics and provides over 30 million gamers in Imperium’s ecosystem and 2+ billion gamers worldwide with a unique opportunity to monetize their skills beyond streaming. Cyber Arena (CAT) is the token of the CyberArena platform.
The ecosystem will unlock 55 million CAT tokens on December 5. Out of the 55 million tokens, 20 million will be allocated for the ecosystem, while another 20 million for the team, and 15 million will be for reserves.
