What Is the Concept of Vesting Schedules in Both ICOs and IPOs?

A vesting schedule is a mechanism that dictates when and how certain stakeholders (founders, team members, early investors) receive their tokens or shares. It prevents a sudden, large-scale sale that could destabilize the market price.

In ICOs, it locks up team tokens; in IPOs, it restricts the sale of shares held by insiders, ensuring commitment to the project's long-term success.