🔥@doublezero - Tokenomics design "loose"
@doublezero is an infrastructure project that connects high-speed network providers for blockchain.
2 main features:
- Filtering out spam or duplicate transactions before they reach the node.
- Optimizing the transmission so that nodes can communicate with each other faster, reducing latency.
As a result, any blockchain can connect with @doublezero to increase speed. @solana is the first major client of the project.
The product is quite good, however, the team behind the project is even better.
@doublezero is developed by @jump_ (the team behind @jump_firedancer), @MalbecLabs_xyz along with some members from @anza_xyz and @jito_sol.
From this, it can be seen that @doublezero is a partner of @solana as it is built by forces supporting Solana. @doublezero may have been created because of Solana.
What's noteworthy is:
- Jump holds 25%
- Malbec Labs 14%
- Team 10%
- Contributors 4%
In total, 53% of the total token supply is in the hands of the development team.
The remaining 12% is for organizations, which may include investment funds (raising 28 million at a valuation of 400 million dollars).
Not to mention, 29% of the total supply belonging to the Foundation and Eco has also been decided by the project to be unlocked 100%.
> The disclosure of the forces holding these tokens is quite good, but the details regarding the Foundation and Eco are lacking.
> However, this is no longer important as the token $2Z has no value in terms of payment (network fees), profit sharing, or governance rights.
It may only be used for staking to increase network security. (according to the project, this will be available in the future)
Clearly, the token of @doublezero is issued to increase benefits for the development team.
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