How are you guys? I hope all of my friends and fellows of stwwmit platform will be form of goodness ans all will be fine by the grace of Allah Almighty. Now on his final weeknof engagement challenge season 11 I am going to entering in all the contests and the Crypto one is the one that costs me the most. I'm going to be more aware of this community after joining this platform. After all this is the future, even though I don't want to cling to the past. So, let's start my dear friends this is the really good topic.

Use your own words to define what an unlock token is? And in your opinion, why do some projects choose to lock a quantity of these tokens?

We all handle tokens since bitcoin appeared, we know that it exists but in reality that it is. An unlock token from what I could understand, is the token where the company that creates it blocks it, that is, it cannot be sold or bought, it remains in waiting for the right moment to reactivate it, where the unlocking happens, it is released to be able to carry out transactions.

That they block them to generate expectations and by unlocking people in desperation, unaware I bought the token. Depending on the movement of bitcoin so that the token does not waiting for bitcoin to rise for example, a cryptocurrency can generate profits, the tokens with less strength are the first to disappear when bitcoin falls.

Clearly explain the method(s) by which these tokens are locked and then how they are released.

The tokens are blocked for many various reasons, one of the ones I know or have read the most is when a new project starts, that is, when the project is in its initial phase, it launches token blocking schedules to guarantee that its investors have a security to recover its capital in the future, are tokens that are minted but are blocked for a certain period of time.

When a new crypto blockchain are lunched thier tokens then the tokens are blocked by their creators or their biggest investors. When they are blocked they retain the token assets, the specific time I think is very unlikely to know, it would be necessary to understand why they were blocked in their moment to be able to know what result they expect. I was searching the web and I see that with the right click they get to a kind of configuration where they block it.

What is the impact of an unlock token on the price of a crypto and how is it monitored? Give an example.

The unlocking of tokens have a big impact on the price of cryptocurrency and I really believe that it is the cryptocurrency that impacts the token and not the other way around. There are millions tokens and they are anchored to the crypto. There are applications that are configured to specifically monitor a token and a cryptocurrency, they show you its rise or fall and there is a kind of alarm.

When a widespread variety of tokens are unlocked and flood the marketplace it is able to cause elevated supply . This oversupply if now no longer met with At once having lots extra of Something to be had its cost would possibly drop due to the fact it is now no longer As scarce anymore. Because Short things are always valuable.

=> dYdX (DYDX) Token Unlock :

For example, One of a blockchain project like Dydx that introduces an unlock token dydx and allowing holders to participate in decentralized governance decisions. When the governance token of the decentralized exchange dYdX, increased by more than 128% in the first month of this year. As then the project gains more popularity and more users acquire or buy the unlock token to have a say in the platform's future. The increases on this demand could result in a price increase as more people seek to buy the token for its utility in the governance.

Do you think that all cryptocurrency ecosystems have developed this kind of lock? Steem.Inc Among them? If yes or no, do you think it is or will be beneficial if used or added to its ecosystem? For what?

I feel that all ecosystems at opportune moments have seen the need to block part of their tokens to avoid their massive sale and their collapse. Not all projects have developed this method of blocking their for assets, there are some projects that have not done it so far but it is likely that they will be able to do it in the future, as this method, as we have seen, can bring benefits to any platform, in I do not know the case of our Steemit ecosystem and I could not find any history of blocking the Steem tokens.

I don't doubt Steem.inc does it and I really applaud it, many NFT games went bankrupt because they couldn't or didn't know how to lock the token. It skyrocketed, people in turn began to sell the token, it lost liquidity and pooof... not even the name remains and with that incalculable loss of money. The Steem.inc platform must block part of them, unlock them, upload them and so on.

List the risks and benefits of unlock tokens in a simple and understandable way.

Yes sure here in the below i will write The list of the benefits of unlock tokens.

• The unlocking of tokens can encourages and attracts investment.
• Unlock tokens is managed only by project investors or major partners.
  *Unlocking of tokens can Build thier trust in investers.
• It generates stability and liquidity in the market.
• Guarantees a scheduled unlock distribution.
• The unlock tokens generates long-term profits for investors.
• The unlock tokens can maintains the solidity of a project.
• Avoid decapitalization by being sold for less than it is worth in a time of crisis.

Now in the below this is The list of Risks of unlock tokens:

• Scams can occur with the unlock tokena
• The unlock tokens generates volatility in the price of the tokens.
• Blocking the token does not give assurance that it can have the expected increase.
• The unlock tokens generates falls in the value of the asset.
• Prevents the market from being flooded with tokens.

Now my dear friend this is the end of this article ans i hope you gain some knowledge about unlock tokens through this post ans i hope you really like this. I am also very grateful to ally fellows for visiting and supporting my blog.

Now I would like to invite @pelon53, @ridwant , @suboohi , @aaliarubab , @kouba01, @artist1111 , @miyexi, @janemorane and @mile16 for participating on this contest.

Cc, steemcurator01 | steemcurator02