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FOGO this project recently released the tokenomics details, let's analyze the data.
**Total Supply and Current Status**
Total token supply is 2 billion. On launch day, 779.2 million were unlocked, which at the current price amounts to a market cap of around 46 million. From this perspective, it's quite interesting — at least according to conventional logic, there is room for several times increase.
**Token Distribution Breakdown**
The official distribution plan is as follows: 16.68% for the community (including Prime sales and airdrops through a major exchange), 12.06% for institutional investors, 34% for core contributors (the largest share), 21.76% for the foundation, 7% for advisors, 6.5% reserved for liquidity, and 2% already burned.
**Unlock Schedule is Crucial**
More importantly, the unlock timetable. When the network launched on January 13, 38.98% of the tokens were unlocked at once — this includes the airdropped tokens that can be traded directly, the foundation's operational funds, and the core contributors' vested shares released in phases.
Specifically, the distribution shows: about one-third of the unlocked tokens go to the foundation, core contributors hold 34% but are locked for four years, institutional investors account for 8.77%, advisors 7%, and the community portion is 11.25%. Under this structure, early liquidity is actually limited, which also explains why the current market cap remains relatively small.
The key will be the subsequent unlock curve and market acceptance.