📈TOKENOMICS
Initial Supply Tokenomics
Last updated
Initial Supply Tokenomics
Last updated
GREENART COIN LTD ha resolved to issue the totality of tokens, according to the total supply, and keep them in custody in the “GAC BANK” with the purpose of make them available in limited quantities, avoiding sudden drawdowns caused by uncontrolled new token placement. Such choice, made considering the high market volatility, aims to monitor the price and regulate token placement balancing the circulation of $GAC with market demand and therefore preserving long term growth of price.
All Tokens held in the GAC Bank have a locking mechanism and their unlocking will be determined to regulate the distribution of $GAC on the ecosystem needs
The governance of the issuance will be made through our platform and will be determined based on the vote of the $GAC holders
The entry of tokens released within the market will be authorized only and exclusively for the following operations:
Rewards Distributions
Cex Listing
Dex Liquidity
Burn Program
Charity Events
Advertising
Development & Upgrades
Bounty Program
Airdrop Program
Volume of new NFTs published
NO TEAM TOKENS
NO OWNERS TOKENS
One of the main advantage of Greenart Coin is that, differently of most token, it has a real underlying value, determined by the NFT owned.
a part of the NFT generated and sold on the marketplace is exclusive property of Greenart Coin, and is stored as asset, to guarantee the token holders in the event of default.
In case some owned NFT should be sold, it will be replaced by new ones, in a revolving approach, that, according to the ethical principles of Greenart Coin, intends to protect the whole community and minimize the risk that people may loose their money.
This approach will discourage hard speculation and allow a more stable and permanent growth of the token price, based on the parallel growth of the community and of the NFT acquired
Investors who decide to buy our currency during the IEO phase will receive at the end of the pool, an additional quantity (10%) of $GAC Tokens on their investment under rule "first come, first serve".
