{"id":68792,"date":"2022-10-19T11:03:35","date_gmt":"2022-10-19T08:03:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68792"},"modified":"2025-09-07T16:05:25","modified_gmt":"2025-09-07T13:05:25","slug":"aptos-team-launches-apt-token-airdrop","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/aptos-team-launches-apt-token-airdrop\/","title":{"rendered":"Aptos Team Launches APT Token Airdrop"},"content":{"rendered":"<p>The Aptos Foundation, the organisation behind the project, announced an APT token airdrop for early network participants.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1\/ The Aptos Foundation has provided early network participants with APT tokens. If you are eligible to claim, you will receive an email from airdrop@aptosfoundation.org in the next few hours.<\/p>\n<p>\u2014 Aptos (@AptosFoundation) <a href=\\\"https:\/\/twitter.com\/AptosFoundation\/status\/1582504536354136065?ref_src=twsrc%5Etfw\\\">October 18, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to a statement from the Aptos Foundation, a total of 20,076,150 APT will be distributed among 110,235 users.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cThis is our first airdrop based on existing data. The Aptos Foundation will continue to assess future opportunities to support the community,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>On the eve of the <a href=\"https:\/\/u1f987.com\/en\/news\/binance-announces-aptos-listing\">announced listing<\/a> on major exchanges, including Binance, FTX and Coinbase, the project by former Meta employees faced criticism for opaque tokenomics.<\/p>\n<p>Analyst operating under the pseudonym Paradigm Engineer #420 noted that of the total supply of 1 billion APT, 80% is controlled by the Aptos team.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">The total supply of Aptos is 1,000,739,234.25, however, 821,111,362.91 is currently staked. This means that a bit over 80% of the token supply is controlled by the team and investors, as there was no airdrop nor other method as to earn mainnet Aptos tokens.<\/p>\n<p>\u2014 Paradigm Engineer #420 (@ParadigmEng420) <a href=\\\"https:\/\/twitter.com\/ParadigmEng420\/status\/1582121438202372096?ref_src=twsrc%5Etfw\\\">October 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWhat\u2019s remarkable about this <span data-descr=\\\"practice of price-pumping the created token followed by a sharp withdrawal, leaving users with devalued assets\\\" class=\\\"old_tooltip\\\">rug pull<\/span> \u2014 every <span data-descr=\\\"centralised exchange\\\" class=\\\"old_tooltip\\\">CEX<\/span> lists Aptos within 24 hours, but you can\u2019t find a single public document about tokenomics.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">It\u2019s not great that FTX\/Binance etc are all listing Aptos without any tokenomics transparency at all. Surely it should be a prerequisite to listing something that users can have the basic information on what they\u2019re buying lol<\/p>\n<p>\u2014 Cobie (@cobie) <a href=\\\"https:\/\/twitter.com\/cobie\/status\/1582208726639206400?ref_src=twsrc%5Etfw\\\">October 18, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>His view was echoed by Hassan Bassiri, vice president of Arca:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWhat\u2019s remarkable about this rug pull \u2014 every <span data-descr=\\\"centralised exchange\\\" class=\\\"old_tooltip\\\">CEX<\/span> lists Aptos within 24 hours, but you can\u2019t find a single public document about tokenomics.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">It\u2019s not great that FTX\/Binance etc are all listing Aptos without any tokenomics transparency at all. Surely it should be a prerequisite to listing something that users can have the basic information on what they\u2019re buying lol<\/p>\n<p>\u2014 Cobie (@cobie) <a href=\\\"https:\/\/twitter.com\/cobie\/status\/1582208726639206400?ref_src=twsrc%5Etfw\\\">October 18, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The Aptos Foundation responded to the criticism and <a href=\"https:\/\/u1f987.com\/en\/news\/aptos-reveals-tokenomics-details-after-community-criticism\">disclosed the token distribution<\/a>.<\/p>\n<p>After trading began on October 19, the APT token fell from a high of $18 to levels below $8.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh3.googleusercontent.com\/f5VwyiRMhAkHL17TOMr49sz1Kv6R-1Z9CpK00f383igriUi3Uww824ZOMP689wI-Qqvvgke8zWpqwArfC7ssz0dCNkqoOAVC5ovvhX3He9m0epGnWBc-QVp6VHtfVjj98Z1iFec4kIjc6gJw6q_YN61pM74aUuJxQCBeNg3UYe5kYBoUBHXlNbygw\\\" alt=\\\"\u041a\u043e\u043c\u0430\u043d\u0434\u0430 Aptos \u0437\u0430\u043f\u0443\u0441\u0442\u0438\u043b\u0430 \u0430\u0438\u0440\u0434\u0440\u043e\u043f \u0442\u043e\u043a\u0435\u043d\u0430 APT\\\"\/><figcaption>Five-minute chart of APT\/USD on Bitfinex. Data: TradingView.<\/figcaption><\/figure>\n<p>Journalist Colin Wu noted that as a result of the airdrop some users received \u201ca lot of tokens.\u201d Someone sold 189,567 APT directly on Binance, crashing the price, he added.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Exclusive: Aptos suddenly released an airdrop without strict anti-sybil attack, which led to some people getting a lot of airdrop tokens. Someone selling 189,567 APT directly on binance, resulting in the APT price from $15 to less than $13. <a href=\\\"https:\/\/t.co\/sE71UzRnSC\\\">pic.twitter.com\/sE71UzRnSC<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\\\"https:\/\/twitter.com\/WuBlockchain\/status\/1582541029135175680?ref_src=twsrc%5Etfw\\\">October 19, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In March, Aptos Labs <a href=\"https:\/\/u1f987.com\/en\/news\/former-meta-staffers-raise-200-million-for-aptos-project\">raised $200 million<\/a>, and in July closed <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-ventures-and-jump-crypto-back-aptos-in-150-million-round\">a Series A financing round of $150 million<\/a>.<\/p>\n<p>In September, Binance Labs <a href=\"https:\/\/u1f987.com\/en\/news\/binance-backs-aptos-project-by-former-meta-staff\">supported the project<\/a> as a strategic partner.<\/p>\n<p>Read ForkLog\u2019s Bitcoin news in our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Aptos organisation behind the project announced an APT token airdrop for early network participants.<\/p>\n","protected":false},"author":1,"featured_media":68793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1393],"class_list":["post-68792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-aptos-apt"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=68792"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68792\/revisions"}],"predecessor-version":[{"id":68794,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68792\/revisions\/68794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68793"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}