https://medium.com/@thekeyvip/progress-report-of-thekey-from-january-15th-2018-to-april-15th-2018-the-first-3-months-7ead41079ec8
TKY crashed the most in the last 24 hours!
I think in this article https://medium.com/@thekeyvip/one-of-the-tranches-of-private-placement-tokens-have-been-unlocked-and-distributed-22ca2ab21990 you can find answers to your questions. One of the tranches of Private Placement tokens have been unlocked and distributed today on April 18.
The total supply of TKY is 10 billion units. There were 3 phases private placement:
Target Amount in Tranche 1 = 100 BTC (Lock-up Period after Distribution ends 6 months - tokens have been unlocked and distributed on April 18)
Target Amount in Tranche 2 = 150 BTC (Lock-up Period after Distribution ends 3 months) - tokens have been unlocked and distributed three months ago
Target Amount in Tranche 3 = 250 BTC (Lock-up Period after Distribution ends 3 months) - tokens have been unlocked and distributed three months ago
Thekey is focusing on project progress and development, if you read their three months report, pretty impressive how much they accomplished as a new blockchain company. Lots of value and potential project!