@kittykitty
The fairness of token distribution directly impacts decentralization and governance integrity. Concentrated holdings among founders, venture capital firms, or early insiders create risks of market manipulation and governance capture. A healthy distribution spreads ownership across community members, developers, and long-term supporters. Transparency in allocation charts, vesting schedules, and lock-ups provides insight into whether concentration risks exist. Excessive centralization undermines trust, discourages new participants, and reduces resilience against sell pressure. In contrast, broader distribution fosters inclusivity and sustainable ecosystems. Therefore, assessing both initial token allocation and long-term unlocking structures is essential to understanding whether wealth concentration poses systemic risks to the project.
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