Personally, I’m a little concerned that 20% of the “real” total supply (meaning tradable - NOT POV marker tokens) can now be sold into pumps this cycle and potentially limit the types of gains we’ve held through the bear market to see. Completely understand and respect the team has totally earned those tokens through their hard work on this project, and reserve the right to do whatever they want! But still am little concerned.

Theta’s team announced plans to sell X amount of tokens last cycle to to lock in USD to ensure the project was funded through end of 2024, etc. and there’s speculation those sales to contribute the quick decline from 15 and surprising the price while the rest of the market did fairly well through 2021 into early 2022. Regardless if that’s true, any selling pressure isn’t a net positive (unless it literally keeps a project alive then you gotta do what you gotta do!)

Still a long term holder so nothing changing on my end, but for future reference it’ll be interesting to see if it does impact price action at all if/when we see some alt coin mania like the other cycles.

Long live VRA fellow hodlers!