In a bold move, the $GMT team has revealed an ambitious $100 million buyback plan, set to reclaim 600 millionGMT DAO tokens. This strategic decision signals the teamโs unwavering belief in the projectโs long-term potential. The reclaimed tokensโpreviously allocated to early investors, advisors, and team members (locked)โwill be central to the #BURNGMT initiative, which invites the community to guide the future of these tokens through a democratic decision-making process.
๐๐ก๐ฒ ๐ญ๐ก๐ ๐๐๐๐๐๐๐ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐ ๐๐ฌ ๐ ๐๐๐ฆ๐ ๐๐ก๐๐ง๐ ๐๐ซ
The #BURNGMT initiative presents an exceptional chance for holders to take a hands-on role in the projectโs evolution. Hereโs why this initiative is so significant:
Reduced Supply, Increased Value: The burn of 600M tokens could significantly decrease supply, boosting scarcity and potentially driving up the token's value.
Empowered Community Participation: This initiative offers the community a direct say in $GMTโs future, creating a sense of ownership and active involvement.
Exclusive Incentives: Those who participate stand to earn exciting rewards, including the coveted "Make GMT Great Again" NFT and a share in a 100M GMT reward pool.
Expanding the GMT DAO Ecosystem
@GMT DAO continues to build a thriving ecosystem with innovative products and strategic partnerships. Notable developments include:
STEPN: A popular move-to-earn app with over 6 million users, rewarding physical activity with #GMT tokens.
STEPN GO: Enhanced features catering to power users of the STEPN platform.
๐๐๐๐๐: A user-friendly NFT marketplace where GMT is the primary currency.
๐๐๐๐๐: A decentralized cross-chain exchange facilitating smooth blockchain transactions.
Additionally, partnerships with global brands like Adidas, ASICS, and Casio have bolstered $GMTโs exposure and mainstream adoption.
๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐จ๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐จ๐ค๐๐ง ๐๐ฎ๐ซ๐ง ๐๐๐๐ก๐๐ง๐ข๐ฌ๐ฆ ๐๐จ๐ซ๐ค๐ฌ
The BURNGMT initiative introduces a transparent, secure, and incentivized voting system. Hereโs how it works:
1. Locking Tokens: Participants can lock their tokens for 60 days via burngmt.com to vote on proposals, including the monumental 600M token burn.
2. Earning Rewards: In return for participation, users will receive rewards from a 100M GMT fund and an exclusive NFT.
3. On-Chain Transparency: Every vote is securely recorded on the blockchain, ensuring transparency and accuracy.
๐๐ก๐ ๐๐ข๐ฉ๐ฉ๐ฅ๐ ๐๐๐๐๐๐ญ ๐จ๐ ๐๐ฎ๐ซ๐ง๐ข๐ง๐ ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐ ๐๐จ๐ค๐๐ง๐ฌ
Burning 600 million tokens can create scarcity, potentially increasing demand and driving the value of $GMT upward. This move demonstrates GMTโs commitment to its community and can reinforce investor trust. Moreover, by reducing supply, it sets the stage for market stability, attracting long-term investors.
๐๐จ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐๐๐๐ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐
Ready to shape the future of $GMT? Hereโs how you can participate:
1. Connect Your Wallet: Visit burngmt.com and link your wallet.
2. Lock Your Tokens: Secure your tokens until January 20, 2025, to be eligible for voting.
3. Vote on Proposals: Influence the future by casting your vote on the 600M token burn.
4. Claim Your Rewards: Receive the โMake GMT Great Againโ NFT and a share of the 100M GMT reward pool based on the tokens youโve locked.
With the $GMT teamโs commitment to transparency, community engagement, and sustainable growth, this initiative isnโt just about burning tokensโitโs about shaping the future of the project and securing lasting value for the ecosystem. This is your chance to make a meaningful impact while benefiting from GMTโs expanding network.
