Crazy Goose Flock and $CRUMB Token

    CGF NFT

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    Crazy Goose Flock is an NFT collection on Algorand gaining some traction among crypto JPEG enthusiasts. We want to understand what these CGF jpegs are and what they're really about by answering some questions.

    Holder Breakdown of CGF NFTs

    The donut chart below shows the distribution of pieces between the holders. Over 1,697 unique wallets hold a single piece representing 81.5%, 141 wallets own 2 pieces (6.77%), and with 12% of the population own 3 or more pieces.

    Wallet Balance of CFG Holders

    Wallet balances are divided into four categories:

    1. 0-100 ALGOs
    2. 100-10000 ALGOs
    3. 10000-1000000 ALGOs
    4. 1000000+ ALGOs

    New or Old Wallets

    Are holders of CFG old wallets or new wallets? To answer this, let's visualize the creation time of the holders over time.

    $CRUMB Airdrop

    $CRUMB is a utility token created to reward CFG holders. The airdrop takes a special approach where some amount $CRUMB is airdropped to holders every Monday, starting 30th May 2022. Check the amount tokens airdropped since May, 30 in the chart below.

    Who Are The Biggest $CRUMB Holders?

    Below are the list of the 10 largest $CRUM bag holders.

    If we define a whale as any account holding more than 1m+ ALGOs, then there are no whales holding the CFG NTFs. However, if we refine our definition of a whale to include wallets with 10,000 to 100,000 ALGOs, then 28 wallets fit the bill.

    We can see that although CFG launched in January 2021, there was not much until earl 2022 when majority of its holders created Algorand wallets.