The overall distribution of token holders in initial coin offering (ICO) projects can have significant consequences for the future of the project. If one address holds the majority of tokens in circulation, they can crash the token price by offloading their holdings or exercise a disproportionate amount of power in proof-of-stake (PoS) platforms.
ICORating’s new report on Monopoly Token Holders identifies how many addresses hold a majority of tokens for various cryptocurrency projects. The results show that the top 10 holders own over half of all circulating tokens in nearly 80% of projects while 1 address owns more than 90% of tokens in 24 different projects. Find more details in our Monopoly Token Holder report.