Please, GMT maxis, if you want to comment, abstain!
90% of all the coins are waiting to get in the market. Yes, i know, that according to the tokenomics they will gradually increase in 10 years.
BUT:
1) At the start we only had 600 mil tokens in circulation.
2) 960 million coins were bought privately at 0.05 cent, NOT 5 cents, HALF of a CENT.
3) Devs reserved for themselfs 852 millons of coins (they are pretty humble, aren't they?)
4) Advisors got 150 millions of tokens
5) August 2022 those richies who bought insanely overpriced NFTs will be able to gain GMT with their sneakers. What do you think they will to to it? Hold it, knowing the facts mentioned above?
6) The "burnt" tokens are not those that are in circulation, but those which are in treasury pool. I.e. it's only a marketing move to make people think that supply is shortening, while in reality it's getting BIGGER.
7) We already had "a small problem" of 19k GST transactions lost because of some DDOS. Marketing > Security.
Also, all the news and articles they publish, especially the one that's literally trying to convince that not every M2E project is ponzi is just....
In my opinion, they are doing everything to maintain a decent price level untill their own coins will be unlocked.
Good job StepN team for making such a good (but not original) project.
Good luck to those, who believe in 5, 10, 100$ for GMT. I recommend watching LRC, SHIB, DOGE, SAND, MANA, GALA chats, maybe you'll understand me.
90% of all the coins are waiting to get in the market. Yes, i know, that according to the tokenomics they will gradually increase in 10 years.
BUT:
1) At the start we only had 600 mil tokens in circulation.
2) 960 million coins were bought privately at 0.05 cent, NOT 5 cents, HALF of a CENT.
3) Devs reserved for themselfs 852 millons of coins (they are pretty humble, aren't they?)
4) Advisors got 150 millions of tokens
5) August 2022 those richies who bought insanely overpriced NFTs will be able to gain GMT with their sneakers. What do you think they will to to it? Hold it, knowing the facts mentioned above?
6) The "burnt" tokens are not those that are in circulation, but those which are in treasury pool. I.e. it's only a marketing move to make people think that supply is shortening, while in reality it's getting BIGGER.
7) We already had "a small problem" of 19k GST transactions lost because of some DDOS. Marketing > Security.
Also, all the news and articles they publish, especially the one that's literally trying to convince that not every M2E project is ponzi is just....
In my opinion, they are doing everything to maintain a decent price level untill their own coins will be unlocked.
Good job StepN team for making such a good (but not original) project.
Good luck to those, who believe in 5, 10, 100$ for GMT. I recommend watching LRC, SHIB, DOGE, SAND, MANA, GALA chats, maybe you'll understand me.
