According to data from the Token Unlocks web app, the unlock will occur this coming September 1, 2023. These 1.15 billion tokens will be worth approximately $57.5 million as of writing, as HBAR is currently trading at $0.05 according data from CoinMarketCap.
Data also indicates that roughly 23.9% of the tokens will be allocated for ecosystem and open source development, 22.3% for purchase agreements, 14.8% on network governance and operations, and 7.7% for initial development costs and licensing.
Despite initial challenges towards the end of the Q1 2023 due to an exploit in the Hedera mainnet, HBAR has seen a surge over the past two months. This is due to the recent integration of Hedera’s instant payment platform Dropp into the U.S. Federal Reserve’s FedNow platform as a service provider.
FedNow introduced Dropp as an alternative to credit card payments, offering merchants the ability to accept small-value digital purchases without the burden of costly transaction fees. Dropp supp
We współpracy z: https://cryptodaily.co.uk/2023/8/hedera-sets-out-for-115b-token-unlock
