In crypto tokenomics, check 4 numbers first: the share of supply sold to private investors, the share circulating at launch, the fully diluted valuation (FDV) and the total raised. NAUT tracks 299 project companies that hold both a private allocation and an initial circulating figure as of 12 November 2026, and across the rows with a figure above 0 the median private share is 16.83% and the median initial circulating share is 20%.
Data note: NAUT's data read on 12 November 2026. 302 company records hold both a private allocation % and an initial circulating %; 299 of them are project companies, and 3 are other kinds of company left out. 8 of the 299 carry a percentage outside 0 to 100, a stored defect, so they stay out of every median, which leaves 291. Many rows hold 0, which most likely means the field was never filled, so each median below uses only rows above 0 and states its count. The worked example is Tea Protocol: 5 claims about it were checked against outside sources and 3 were confirmed. The medians are NAUT's own records and were not source-checked row by row.
What are the 4 crypto tokenomics numbers to check?
These 4 tell a deal maker who holds the supply, how much can trade on day 1, what the token is priced at and how much money came in.
- Private allocation %. The share of supply sold to seed and private round investors. A high share means more tokens with a cost basis far below the public price.
- Initial circulating supply %. The share unlocked at launch. The rest arrives through vesting and token unlocks, so a low figure means more supply is still to come.
- Fully diluted valuation. Token price times total supply. Check where the price came from: a sale price and a market price give different figures.
- Total raise. The money the team took in before launch, which tells you how much runway and how many backers sit behind the token.
How do the 4 numbers read on Tea Protocol?
Tea Protocol builds a network that rewards open-source developers for their software, and its $TEA token is used for gas, governance and fees. NAUT's data shows a launched token with all 4 numbers filled.
| Number | TEA | NAUT median (rows) |
|---|---|---|
| Private | 19.36% | 16.83% (70) |
| Launch float | 20% | 20% (75) |
| FDV | $50M | $47.5M (108) |
| Raise | See below | $6.95M (226) |
The median column uses only rows above 0, with the row count in brackets: out of 291 in-range rows, or 299 for FDV.
- FDV. Bitget Academy's presale guide (24 September 2025) gives a token price of $0.0005 per TEA and says that price implies a $50M fully diluted valuation. The $50M therefore comes from the sale price, so compare it with the live market figure before you price a deal.
- Public sale. NAUT holds 4% for the public sale, and the same Bitget guide puts the public sale at 4B TEA, 4% of total supply.
- Initial circulating. Crypto Briefing (2 June 2026) wrote: "Roughly 20% of that supply will be unlocked and entering circulation at the time of the mainnet launch." That matches NAUT's 20%.
- Private allocation and raise. The 19.36% is NAUT's record, and no page the check could fetch stated it. NAUT's raise figures for Tea Protocol do not agree with each other or with outside reports, so the table leaves the raise out: read the round list on the NAUT page before you quote one.
What do 299 projects show for crypto tokenomics?
Across the 291 in-range rows, the typical filled record sells about a sixth of supply privately and releases about a fifth at launch.
- 70 rows hold a private allocation above 0, median 16.83%; 21 of them are above 20%.
- 75 rows hold an initial circulating figure above 0, median 20%; 13 are above 50%.
- 108 of the 299 hold an FDV above 0, median $47.5M.
- 226 rows hold a total raise above 0, median $6.95M.
- 35 of the 291 have a launched token on NAUT's record, Tea Protocol among them.
Use the medians as a yardstick: a private share well above 16.83%, or a launch float well under 20%, is the first thing to ask a team about.
What this tells a BD team
- A launched token with a 20% float, like TEA, still has most of its supply to release, which makes listings and liquidity live topics for its team.
- Half of the 226 rows with a raise above 0 raised under $6.95M.
- Filter for the 35 launched tokens when you sell to teams that already trade.
- Pick launched tokensStart with the 35 of 291 projects that have a launched token on NAUT's record.
- Read the floatA launch float near the 20% median, like Tea Protocol, leaves most supply still to unlock.
- Check the raiseSet each team's raise against the $6.95M median of 226 filled rows.
- Find the teamOpen the project page on NAUT to see the people it holds and their channels on file.
What this tells a founder raising
- Investors will set your round against yardsticks like these: a 16.83% median private share and a 20% median launch float across the filled rows.
- If your private share is above 20%, you sit with 21 of the 70 filled rows, so have the vesting terms ready.
- Say where your FDV comes from. Tea Protocol's $50M is a sale-price figure, and a buyer will ask.
- Set the private shareCompare it with the 16.83% median of 70 filled rows.
- Set the launch floatCompare it with the 20% median of 75 filled rows.
- Explain the FDVState the price behind it, as Tea Protocol's $0.0005 sale price sets its $50M.
- Find comparable teamsSearch NAUT for projects in your sector and read their records.
How to reach the team behind a token
Each project has a page on NAUT, such as Tea Protocol. Each person page NAUT holds names the person's role and says which channels NAUT has on file, so you can go from a token's numbers to the person who sets them.
Related reading on NAUT: Crypto token unlocks: Monad's 6.84B cliff after 12 months at 0.
Can you pull this data through the NAUT API?
Yes: GET https://api.naut.so/v1/projects/tea-protocol returns Tea Protocol with its team, and GET https://api.naut.so/v1/projects?token=launched lists projects with a launched token, each call 5 credits with your key sent as $NAUT_KEY (docs, pricing). The Essential plan is $49 a month for 3,000 credits. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.
Crypto tokenomics FAQ
What should I check in crypto tokenomics?
Check 4 numbers: the private allocation %, the initial circulating %, the fully diluted valuation and the total raise. Across 299 NAUT project records read on 12 November 2026, the medians of the filled rows are 16.83% private, 20% circulating at launch, $47.5M FDV and $6.95M raised.
What is a normal private token allocation?
Of the 291 in-range NAUT project records read on 12 November 2026, 70 hold a private allocation above 0, with a median of 16.83%, and 21 of those 70 are above 20%.
Is Tea Protocol's $50M FDV a market value?
Tea Protocol's $50M FDV comes from its presale price of $0.0005 per TEA, per Bitget Academy's guide of 24 September 2025, so it is a sale-price valuation. NAUT holds the same $50M, with 20% of supply circulating at launch.
Where can I find tokenomics data and the team behind a project?
NAUT holds tokenomics records for 299 project companies, read on 12 November 2026, on each project page such as Tea Protocol's, and the API call GET https://api.naut.so/v1/projects/tea-protocol returns the company with its team. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.
Sources
- NAUT's data, company tokenomics fields, read 12 November 2026.
- Bitget Academy, What is Tea Protocol (TEA), 24 September 2025.
- Crypto Briefing, Tea Protocol token transparency filing, 2 June 2026.
- Value The Markets, Tea Protocol's upcoming TEA token launch.