The $ELSA tokenomics just dropped and here's what caught my attention. We're looking at a 1 billion token total supply with some pretty aggressive distribution toward the community—40% goes straight to community airdrops, which is solid. The TGE airdrop sits at 8%, with smaller allocations like 0.3% for Wallchain and 7.7% for Solana points.
What makes this interesting is the math at a $250M FDV. If we do the calculation, that's roughly $20M worth of tokens hitting the market through these airdrops. Now here's the kicker—assuming there's no additional CEX allocation carved out from that 8% TGE portion, the tokenomics actually start to look pretty reasonable. CEX drops can sometimes dilute early adopters' value, so avoiding that could be a positive signal.
That said, the devil's always in the details with these things. The heavy community focus is refreshing, but execution on actually building value matters way more than the spreadsheet. The overall structure doesn't scream red flags, but I'd still want to see what the unlock schedules look like before getting too bullish. Where do you stand on this one?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
9
Repost
Share
Comment
0/400
GasFeeNightmare
· 01-20 15:20
40% community airdrop sounds good, but will it really be valuable... it depends on whether they can deliver something later on.
View OriginalReply0
EthSandwichHero
· 01-20 12:15
40% community airdrop sounds good, but the real test is whether it can generate sustainable revenue later on...
View OriginalReply0
MonkeySeeMonkeyDo
· 01-20 06:43
40% airdrop to the community sounds good, but the real test is whether they can increase the value of these tokens; impressive numbers on paper are useless.
View OriginalReply0
BuyTheTop
· 01-17 15:48
40% community airdrop sounds good, but the real key is the unlock schedule, as it determines whether there will be a dump.
View OriginalReply0
CounterIndicator
· 01-17 15:43
A 40% community airdrop is a good proportion, but I'm worried it might turn out to be something else later. The unlock schedule is the real killer, as this is the easiest thing to go wrong with.
View OriginalReply0
NightAirdropper
· 01-17 15:40
40% community airdrop is really attractive, but with 20 million invested, it depends on how the lock-up is managed.
View OriginalReply0
ETHmaxi_NoFilter
· 01-17 15:39
40% airdrop to the community? That number sounds good, but I still need to see how the unlock schedule is arranged; otherwise, a full dump would be pointless.
View OriginalReply0
GateUser-9ad11037
· 01-17 15:35
40% community airdrop sounds good, but only by looking at the unlock schedule can you really tell if it's truly generous.
View OriginalReply0
AirdropHarvester
· 01-17 15:29
40% community airdrop sounds good, but the unlock schedule is the real skill; without that, everything is pointless.
The $ELSA tokenomics just dropped and here's what caught my attention. We're looking at a 1 billion token total supply with some pretty aggressive distribution toward the community—40% goes straight to community airdrops, which is solid. The TGE airdrop sits at 8%, with smaller allocations like 0.3% for Wallchain and 7.7% for Solana points.
What makes this interesting is the math at a $250M FDV. If we do the calculation, that's roughly $20M worth of tokens hitting the market through these airdrops. Now here's the kicker—assuming there's no additional CEX allocation carved out from that 8% TGE portion, the tokenomics actually start to look pretty reasonable. CEX drops can sometimes dilute early adopters' value, so avoiding that could be a positive signal.
That said, the devil's always in the details with these things. The heavy community focus is refreshing, but execution on actually building value matters way more than the spreadsheet. The overall structure doesn't scream red flags, but I'd still want to see what the unlock schedules look like before getting too bullish. Where do you stand on this one?