Locked Out of Your Own Success: How Token Vesting Schedules Create the Illusion of Liquidity for Web3 Founders
Securing a listing on a major exchange feels like a defining milestone, yet many Web3 founders discover too late that market capitalization and actual sellable supply are entirely different things. Vesting schedules, lock-up agreements, and concentrated founder allocations can transform a celebrated launch into a prolonged liquidity trap. This article examines the structural forces behind phantom liquidity and offers a practical planning framework for founders who want their token's market prese