Methodology

• BUYERS - We look at all the addresses that have swapped another token for PEOPLE
• SELLERS - We look at all the addresses that have swapped PEOPLE for another token
• HOLDERS - We look at all the addresses that have bought PEOPLE - those who have sold PEOPLE and still have some PEOPLE tokens left.
• REDEEMERS - Addresses that are holders and have redeemed PEOPLE tokens for ETH on Juicebox Terminal
• We only consider addresses that have redeemed tokens equal to amount greater than 90% of holding tokens to narrow down holder for accurate results.
• We compare the date they bought their tokens vs the date they redeemed their tokens for gain or loss.

Did People make or loose money ?

• All the people who qualified under the criteria specified above lost money on redeeming instead of selling as seen in the table below. The highest someone lost was 10K $USD