AltLayer will suspend the ownership plan for ALT six months after the first unlock
BlockBeats news, on July 23, AltLayer announced that after the first unlock on July 25, 2024, it will pause its ownership plan for six months.
Within these six months (from July 26, 2024 to January 24, 2025), no new tokens will be unlocked for investors, teams, advisors, finance departments and others.
The next unlocking will take place on January 25th of 2025. Tokens will be allocated linearly each month; for investors this period is two years while for teams, advisors financial departments and other personnel it's three years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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