The division of total tokens amongst stakeholders of a cryptocurrency project, including the team, investors and any treasuries.
Allocation, in a cryptocurrency project, represents the distribution of on-chain tokens to various entities, whether locked or unlocked initially.
Usually shared as part of a project's tokenomics, allocation figures show the division of tokens amongst executive members, marketing team, advisors, and other stakeholders, for example.
Often times, allocations are not unlocked all at once, and instead include a vesting and cliff period. The industry average is a 4-year vesting schedule with 1-year cliff.
