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How can I check the token distribution of a blockchain project?

avatarcodefreakDec 26, 2021 · 3 years ago3 answers

I'm interested in understanding the token distribution of a blockchain project. How can I check this information? Are there any specific websites or tools that can provide me with the token distribution details?

How can I check the token distribution of a blockchain project?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To check the token distribution of a blockchain project, you can start by visiting the project's official website. Many projects provide detailed information about their token distribution on their website's tokenomics or whitepaper section. Additionally, you can also explore blockchain explorers like Etherscan or BscScan, which allow you to view the token distribution of various projects. These explorers provide insights into the token holders, including the addresses and the amount of tokens held. By analyzing this data, you can get a better understanding of the token distribution.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a quick overview of the token distribution, you can also check popular cryptocurrency data aggregators like CoinMarketCap or CoinGecko. These platforms provide comprehensive information about various blockchain projects, including their token distribution. Simply search for the project you're interested in, and you'll find details about the token distribution, such as the circulating supply, total supply, and the percentage allocated to different stakeholders or token sales.
  • avatarDec 26, 2021 · 3 years ago
    Another option to check the token distribution is by using the BYDFi platform. BYDFi offers a comprehensive token distribution analysis tool that allows you to explore the distribution of tokens across different blockchain projects. With this tool, you can access detailed charts, graphs, and statistics about the token distribution, including the top token holders and their respective holdings. It's a great resource for gaining insights into the token distribution of various projects.