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Cryptocurrency News Articles
Gud Tech, Zircuit’s First AI Fair Launch, Surpasses $9M in Staking Value
Dec 21, 2024 at 04:02 am
George Town, Grand Cayman, December 20th, 2024, Chainwire Gud Tech, Zircuit’s first multichain AI platform for automated finance, is thrilled to
George Town, Grand Cayman, December 20th, 2024, Chainwire
Gud Tech, a multichain AI platform for automated finance, has announced the successful launch of its $GUD token on Zircuit, an AI-powered blockchain for secure DeFi and staking. Built on Zircuit and designed to reshape token distribution with a community-first approach, $GUD is now available for staking.
In its first week, the $GUD launch has seen over 127M $ZRC tokens staked, locking a total of $9M USD in value. These early results highlight the community's enthusiasm for a more equitable token economics model and decentralization.
“We're excited to see the community come together and participate in this historic moment for Gud Tech and Zircuit,” said a Gud Tech team member. “These early results showcase the strength of our community and their passion for a more decentralized and inclusive approach to Web3.”
The $GUD token is earned by staking $ZRC, Zircuit's native token, allowing participants to actively engage with the ecosystem. In the first phase of the launch, 2% of the total token supply was allocated to participants within the first week, with continuous weekly rewards throughout the fair launch period.
Unlike traditional launches, 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit. This approach aligns with Gud Tech's vision of becoming a truly community-owned AI platform.
Gud Tech has also opted out of presales or venture capital involvement, ensuring the $GUD token remains in the hands of its users, not institutional investors. This model aligns with Gud Tech's goal of decentralization.
Users can stake $ZRC tokens to earn weekly $GUD rewards and actively engage in the Gud Tech ecosystem. For more information, users can visit gud.tech.
About Gud Tech
Gud Tech is the AI platform for automated finance on Zircuit, the world's most secure AI-powered blockchain. At launch, Gud Tech delivers actionable market intelligence. Over time, Gud Tech aims to be the leading platform for AI-powered decentralized finance with new features such as a risk engine and algorithmic strategies. Powered by $GUD, Gud Tech is built on Zircuit, the AI-powered blockchain. To learn more about Gud Tech, users can visit gud.tech, and follow Gud Tech on Twitter/X @gudtech_ai
Contact
Communications Lead
Jennifer Zheng
Gud Tech
jen@gud.tech
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