There's one thing that really bugs me every time I check the chart $PIXEL .
It's not about the red price. It's not about the never-ending bot drama. It's about the fundamentals. Almost no one dares to bring this up on Binance Square.
The Numbers That Seem Transparent (But Aren't). 12.5% of the total supply of $PIXEL is in the hands of the team @Pixels . If you do the math, that's about 625 million tokens. The unlock schedule is public info, rolling out gradually until 2029. You can check it yourself in the whitepaper. But here’s the big question: After those tokens unlock, can we know how much they’ve sold? The answer: Nope.
This is insane. We're promised on-chain transparency, but when it comes to the most crucial assets?? We're just told to trust. This doesn't fly in the investment world. Especially in crypto. After the unlock, will it be shown? No way. Mandatory on-chain reporting? Zero. There’s no automatic mechanism to inform the community. The founding team or core devs could have already dumped part of their positions.
Token unlocks can be checked. What about movements after unlock? That goes into personal wallets. And from there? Everything goes dark.
In crypto, wallets are identities. If the team is genuinely transparent, then the wallet address of team @Pixels should be displayed right in front of the community. If the movements can’t be tracked, what’s the difference from shadow banking??? Not accusing. Just asking. My gut feeling doesn't say Pixels' team has sold. They might be holding everything because they really believe in this project.
The problem is, I, you, everyone can’t verify that. The circulating supply of $PIXEL is currently about 771 million, out of a total of 5 billion. The FDV is around $48 million. What does that mean? There are still billions of tokens waiting to be released, with a large portion in the hands of the team, advisors, and private investors. All of it will go into wallets that we can’t track in real-time. This is a super weird contradiction.
You sell the narrative of "on-chain transparency" as a selling point, but for insider matters?? You go incognito. This is called a double standard that makes rational investors uneasy. Who would want to believe?? I'm not buying it..
#pixel @Pixels
It's not about the red price. It's not about the never-ending bot drama. It's about the fundamentals. Almost no one dares to bring this up on Binance Square.
The Numbers That Seem Transparent (But Aren't). 12.5% of the total supply of $PIXEL is in the hands of the team @Pixels . If you do the math, that's about 625 million tokens. The unlock schedule is public info, rolling out gradually until 2029. You can check it yourself in the whitepaper. But here’s the big question: After those tokens unlock, can we know how much they’ve sold? The answer: Nope.
This is insane. We're promised on-chain transparency, but when it comes to the most crucial assets?? We're just told to trust. This doesn't fly in the investment world. Especially in crypto. After the unlock, will it be shown? No way. Mandatory on-chain reporting? Zero. There’s no automatic mechanism to inform the community. The founding team or core devs could have already dumped part of their positions.
Token unlocks can be checked. What about movements after unlock? That goes into personal wallets. And from there? Everything goes dark.
In crypto, wallets are identities. If the team is genuinely transparent, then the wallet address of team @Pixels should be displayed right in front of the community. If the movements can’t be tracked, what’s the difference from shadow banking??? Not accusing. Just asking. My gut feeling doesn't say Pixels' team has sold. They might be holding everything because they really believe in this project.
The problem is, I, you, everyone can’t verify that. The circulating supply of $PIXEL is currently about 771 million, out of a total of 5 billion. The FDV is around $48 million. What does that mean? There are still billions of tokens waiting to be released, with a large portion in the hands of the team, advisors, and private investors. All of it will go into wallets that we can’t track in real-time. This is a super weird contradiction.
You sell the narrative of "on-chain transparency" as a selling point, but for insider matters?? You go incognito. This is called a double standard that makes rational investors uneasy. Who would want to believe?? I'm not buying it..
#pixel @Pixels