The predominant model for token distribution in the crypto space these days is the so-called “low float, high FDV” launch. In this model, projects start with a small fraction of the total supply in circulation, with the majority of the supply locked up and unlocked gradually, typically after a year. This low circulation is often coupled with, and perhaps explicitly designed to encourage, high fully diluted valuations. According to CoinGecko research, nearly a quarter of the industry's top tokens are currently low float. Notable recent launches using this model include Starknet, Aptos, Arbitrum, Optimism, Celestia, and Worldcoin (with an astonishing 95.7% of supply remaining locked as of this writing). is).
