What is GT coin? Introduction to the issue price, total amount and white paper of GT coins

GT Coin, the native cryptocurrency of the GateChain blockchain, is used for transaction fees, staking, governance, and accessing premium features within the ecosystem.

Oct 28, 2024 at 09:23 am

What is GT Coin?

GT Coin is the native cryptocurrency of the GateChain blockchain, a public blockchain platform that enables the development of decentralized applications (dApps) and smart contracts.

Issue Price and Total Amount

The initial issue price of GT Coin was $0.10. A total of 1 billion GT Coins were issued, out of which 500 million were sold in the initial coin offering (ICO) held in 2019.

White Paper

The GT Coin white paper was released on October 31, 2018. It provides technical details about the GateChain blockchain, the GT Coin ecosystem, and the governance model for GT Coin.

Use Cases for GT Coin

GT Coin has several use cases within the GateChain ecosystem, including:

Transaction fees: GT Coin is used to pay for transactions on the GateChain blockchain.
Staking: GT Coin holders can stake their coins to earn rewards and help secure the blockchain.
Governance: GT Coin holders can vote on proposals to change the direction of the GateChain blockchain and the GT Coin ecosystem.
Access to premium features: GT Coin can be used to access premium features and services on the GateChain platform.

GT Coin Market Performance

Since its launch, GT Coin has gained significant traction. It is currently ranked among the top 100 cryptocurrencies by market capitalization. The price of GT Coin has fluctuated significantly over the years, but it has shown a general upward trend.

Current GT Coin Price

As of August 31, 2023, the price of GT Coin is $1.23. The current market capitalization of GT Coin is approximately $1.2 billion.

Future Prospects for GT Coin

The future prospects for GT Coin are positive. The GateChain blockchain is gaining adoption, and the demand for GT Coin is expected to grow. The use of GT Coin within the GateChain ecosystem is also expected to increase.

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