💰$GAT Intro
Last updated
Last updated
GAT tokens are the general circulation assets of the Gather network, used to carry and value the ecological value of the Gather communication network. They serve as the anchoring assets for the computational assets in the Gather social network during equivalent exchanges.
As the ecosystem advances and develops, the ecological governance capacity of GAT will gradually become one of the main value cores.
GAT Token Lockup: 10 million tokens allocated as follows:
5 million for technical purposes
2 million for operations
2 million for investments
1 million for user acquisition
In the ecosystem applications, apart from a few exchange functions that require GAT staking mode, other fee-based scenarios operate on a destruction mode. For example: posting advertisements, launching mini-programs, etc.
3,000-5,000 tokens will be taken from the operational lockup coins for each device. These tokens are exclusively used for the initial startup of each G-Box device to initiate one GMT token for DPoS node initialization.
Gather hardware produces 90 million tokens using a working algorithm. Production is 20,000 tokens per day, halved every four years until a constant of 2,500 tokens/day is reached. It will take approximately 56 years to mine all tokens.
