Token Distribution
Token distribution is the process and resulting pattern by which token supply reaches holders.
✦ Key Insight
It affects decentralization, liquidity, governance influence, and potential selling pressure.
✕ Common Misconceptions
Wide address distribution does not automatically mean independent ownership because one entity can control many wallets.
Detailed Explanation
In Practice
Dig Deeper
Airdrop
A distribution of free tokens to wallets that meet criteria set by the project.
Token Emissions
Token emissions are new tokens issued or released into circulation according to a protocol's reward, incentive, or distribution rules.
Wallet Clustering
Wallet clustering uses blockchain patterns and other evidence to group addresses that may be controlled by the same entity or wallet infrastructure.
Holder Distribution
Holder distribution describes how a token's supply is spread across wallets or categories of holders.
Token Allocation
Token allocation describes how a token's total or initial supply is assigned among groups such as users, investors, team members, treasury, and ecosystem programs.