How Do Vesting Schedules for Team Tokens Compare to Those for Early Investors?
Team vesting schedules are typically much longer and include a more substantial initial lock-up period, often spanning three to four years, to demonstrate long-term commitment. Early investor (seed or private sale) vesting schedules are usually shorter, perhaps six months to two years, and may have a shorter or no initial lock-up.
The difference reflects the varying roles: the team's commitment is essential for the project's existence, while early investors are rewarded for providing capital at an earlier, riskier stage. Both are necessary to manage selling pressure.