#GMT投票燃烧计划 has already started, participating users will be able to share 100,000,000 $GMT , and the rewards do not stop there. Participants in the @GMT DAO initiated essay activity can also share 20,000 $GMT !
First, let's take a look at the project background, what is #GMT ?
$GMT It is a popular project that was launched on Binance Launchpad. GMT DAO is the ecosystem fund for the GMT token, which is widely used in various products, such as in the GameFi product STEPN and STEPN GO with over 6 million users, where 800 million GMT has been burned. STEPN has long-term collaborations with well-known companies like Casio, ASICS sneakers, and Adidas sneakers. In the cross-chain NFT market and launch platform MOOAR, GMT is used for trading NFTs and automatically generating NFTs through artificial intelligence, while on the cross-chain DEX DOOAR, GMT is used for transaction fees and trading pairs. GMT is also used in other products like the strategy-based GameFi Gas Hero and the mini-game Morchi. Through FSL ID, GMT is also used as a user registration tool in other GameFi products, providing features to earn GMT points through interaction, which has created a large user base for GMT.
#GMT投票燃烧计划 What is it? How can one participate in sharing 100 million GMT?
The GMT team donated 600 million GMT to GMT DAO after repurchasing the unlocked GMT from investors and advisors. BURNGMT is initiated by GMT DAO, and through a 60-day locked voting period from November 21, 2024, to January 20, 2025, users can decide whether to burn these 600 million GMT. During the voting process, 100 million GMT will be shared as participation rewards. Thus, in the next six years, only 27% of the move2earn and ecosystem fund will be unlocked, reaching a fully circulating state.
What is the overall distribution of the tokens? What is the burning ratio?
GMT circulation is about 30Y, the burngmt plan prepares to vote to burn 600 million GMT in a soft lock-up, accounting for 10% of the total.
The overall situation is as follows:
M2E 18%
Ecosystem Fund 9%
BURNGMT burning plan 10%
Historical burn 13%
Circulating supply 50%
How strong is the GMT background? What are the future prospects of the token?
GMT DAO is an independent entity created and served by GMT holders. It manages the GMT ecosystem fund through on-chain voting, ensuring that decisions are made based on the collective opinions of the community. GMT DAO operates independently and has no affiliation with FSL or any of its related brands (including STEPN, STEPN GO, MOOAR, DOOAR, and Gas Hero).
Their partners, team, and investment situation are as follows:
Such a reliable and excellent project, looking forward to a more exciting performance of GMT in the future!
