Crypto Vesting is the process by which tokens or crypto assets are locked and then gradually released according to a specific schedule. Typically, these tokens are given to the project team, early investors, or contributors as part of the project strategy.
The purpose of this is to prevent dumping or bulk selling of tokens that could cause prices to plummet. Vesting also ensures that all parties involved have a long-term commitment to the success of the project.
For example, in an ICO (Initial Coin Offering) project, the project team might lock up 80% of their tokens for 2 years. This means that the tokens can only be used or sold after the lock-up period is over, or released gradually over a certain period.