Same with most crypto assets though. Distribution starts off rubbish and slowly gets better as it gains popularity and gets spread thinner.
It’s not nearly as worrying for long-term bets like MAID where only 10% were pre-sold. I’m never selling MAID, I’ll be waiting for SafeCoin, so Brock has <1% of the supply that’s relevant to me and those top 50 wallets (including exchanges) have less than 6% of supply.
In coins like IOTA 100% was pre sold and there are whales are sitting out there with 8 and even 9 figure fiat value wallets at the moment. Now that is scary for anyone holding a lot of coin!
I guess if you are planning to sell MAID pre-launch then it is a concern and you’d better keep an eye on Brock and one or two other wallets. With 34M MAID there will certainly be one or two more fairly big sells in the next year or so. Although it might not have that big an impact if MAID is trading volume of hundreds of millions a day like most of the popular crypto assets are at the moment.
I’d guess the big players will wait for high volume to sell into and they won’t dump everything just as it starts gaining popularity either. I wouldn’t worry too much.