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 team’s unwavering belief in the project’s long-term potential. The reclaimed tokens—previously allocated to early investors, advisors, and team members (locked)—will be central to the #BURNGMT initiative, which invites the community to guide the future of these tokens through a democratic decision-making process.
𝐖𝐡𝐲 𝐭𝐡𝐞 𝐁𝐔𝐑𝐍𝐆𝐌𝐓 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐈𝐬 𝐚 𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫
The #BURNGMT initiative presents an exceptional chance for holders to take a hands-on role in the project’s evolution. Here’s 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 $GMT’s 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.
𝐌𝐎𝐎𝐀𝐑: A user-friendly NFT marketplace where GMT is the primary currency.
𝐃𝐎𝐎𝐀𝐑: A decentralized cross-chain exchange facilitating smooth blockchain transactions.
Additionally, partnerships with global brands like Adidas, ASICS, and Casio have bolstered $GMT’s exposure and mainstream adoption.
𝐇𝐨𝐰 𝐭𝐡𝐞 𝐕𝐨𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐓𝐨𝐤𝐞𝐧 𝐁𝐮𝐫𝐧 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 𝐖𝐨𝐫𝐤𝐬
The BURNGMT initiative introduces a transparent, secure, and incentivized voting system. Here’s 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.
𝐓𝐡𝐞 𝐑𝐢𝐩𝐩𝐥𝐞 𝐄𝐟𝐟𝐞𝐜𝐭 𝐨𝐟 𝐁𝐮𝐫𝐧𝐢𝐧𝐠 𝟔𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐆𝐌𝐓 𝐓𝐨𝐤𝐞𝐧𝐬
Burning 600 million tokens can create scarcity, potentially increasing demand and driving the value of $GMT upward. This move demonstrates GMT’s commitment to its community and can reinforce investor trust. Moreover, by reducing supply, it sets the stage for market stability, attracting long-term investors.
𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐁𝐔𝐑𝐍𝐆𝐌𝐓 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞
Ready to shape the future of $GMT? Here’s 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 “Make GMT Great Again” NFT and a share of the 100M GMT reward pool based on the tokens you’ve locked.
With the $GMT team’s commitment to transparency, community engagement, and sustainable growth, this initiative isn’t just about burning tokens—it’s 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 GMT’s expanding network.
