Satoshi Nakamoto: The Largest Bitcoin Holder
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, holds an estimated 1.1 million BTC, making them the largest Bitcoin owner. These coins, currently valued at $113 billion (as of December 2024), were mined during Bitcoin’s early days, starting from January 3, 2009, through mining more than 22,000 blocks. Satoshi’s holdings are spread across approximately 22,000 addresses, with only a few test transactions ever conducted. The identity of Satoshi remains unknown, and they have not been active in the Bitcoin community since 2010.
Bitcoin Whales: Major Individual Holders
Tyler and Cameron Winklevoss: The twins purchased approximately 70,000 BTC with a $65 million settlement from Facebook. Their average cost basis was $10 per Bitcoin.
Tim Draper: The venture capitalist bought 29,656 BTC for $18.7 million during a 2014 U.S. government auction. These coins were acquired at an average cost of $632 per BTC.
Michael Saylor: The founder of MicroStrategy revealed holding 17,732 BTC as of October 2020 and likely acquired more since then.
Institutional Bitcoin Holders
MicroStrategy: 386,700 BTC
BlackRock: 610,430 BTC
Grayscale: 215,941 BTC
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GMT and GMT DAO: The Journey of Innovation and Community Empowerment
Overview of GMT and Its Ecosystem
GMT, a former Binance Launchpad project, has become a cornerstone of blockchain innovation. It powers platforms like:
STEPN: A fitness app with over 6 million active users.
STEPN GO: A gamified extension of the STEPN ecosystem.
MOOAR: An NFT marketplace driving user adoption.
DOOAR: A cross-chain decentralized exchange (DEX).
Global partnerships with brands like Casio, ASICS, and Adidas demonstrate GMT's vision of integrating blockchain with real-world applications.
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600M GMT Buyback & BURNGMT Initiative
Key Highlights
The recent 600M GMT buyback and BURNGMT Initiative marks a pivotal moment in GMT’s history. Valued at $100 million, these tokens include allocations for early advisors, team members, and investors.
Why It Matters:
1. Boosts Confidence: Demonstrates the GMT team's belief in their ecosystem's growth.
2. Strengthens Tokenomics: Reduces token supply, increasing scarcity and potentially boosting value.
3. Empowers the Community: Puts decision-making power in the hands of GMT holders through a voting process.
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BURNGMT Voting Initiative: How It Works
Token Locking Period: From Nov 21, 2024, to Jan 20, 2025, 600M GMT tokens are locked in the GMT DAO.
Community Voting: Participants decide whether these tokens should be burned.
Reward Pool: A 100M GMT reward pool is distributed among voters based on their locked tokens.
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Why Participate in BURNGMT?
1. Empower the Ecosystem: Burning tokens reduces supply, enhancing token value.
2. Be Part of Blockchain History: This initiative highlights blockchain's ability to enable community-driven decisions.
3. Earn Rewards: Participants share in the 100M GMT reward pool.
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Impact on GMT Tokenomics
Reduced Supply: Burning 600M tokens decreases the circulating supply, enhancing scarcity.
Strengthened Value: Lower supply with steady or growing demand could drive token prices higher.
Ecosystem Growth: Redirecting resources to the DAO supports ongoing development and new partnerships.
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How to Participate in BURNGMT
1. Prepare GMT Tokens: Acquire GMT and hold them in your wallet.
2. Lock Tokens: Participate in voting via the official GMT DAO platform.
3. Cast Your Vote: Decide whether the repurchased tokens should be burned.
4. Claim Rewards: After the event, claim your share of the 100M GMT reward pool.
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GMT Ecosystem Products and Collaborations
STEPN & STEPN GO: Revolutionizing fitness through gamification.
MOOAR: Simplifying NFT trading.
DOOAR: Streamlining cross-chain asset transactions.
Collaborations with global brands like Adidas, ASICS, and Casio further enhance GMT’s visibility and utility.
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A Historic Moment for GMT
The 600M GMT Buyback & BURNGMT Initiative showcases GMT’s dedication to innovation, community engagement, and sustainable growth. By participating, you shape the future of GMT and gain tangible rewards.
Don’t miss this chance to be part of blockchain history. What are your thoughts on the BURNGMT Initiative? Share them below!
