GATA Tokenomics
GATA Protocol uses Blockchain tokens to govern access, utility, distribution, and value. The tokenomics involve mechanisms for token supply, distribution, governance, rewards and incentives. These elements work together to ensure the sustainability, growth, and decentralization of the ecosystem.
GATA Membership NFTs
GATA Membership NFTs are your keys to access particular ecosystem services and to unlock exclusive benefits and privileges within the GATA Protocol Ecosystem. It represents your active participation and commitment in the community.
Concept
A Time-bound Non-Fungible Tokens (NFTs) representing annual co-operative membership access and governance rights within the ecosystem.
Membership Plans
We have different tiers of membership NFTs plan available with varying benefits and durations, such as:
- Bronze
- Silver (TBA)
- Gold (TBA)
Benefits of GATA Membership
Access To Exclusive Features
Enjoy special features and early access to new developments within the ecosystem.
Community Influence
Influence ecosystem decisions through participation in governance and discussions.
Discounts and Rewards
Receive discounts on platform fees and exclusive rewards.
To Get GATA Membership NFT
Acquiring a GATA Membership NFT is a prestigious step into our community.
Purchase
Keep an eye out for GATA Membership NFT sales on our platform or partner marketplaces.
Engage
Actively engage in our community, demonstrate commitment, and you might be selected for a GATA Membership NFT drop.
GATA Token
The GATA Token serves as the native utility token within the decentralized eCommerce and logistics ecosystem of the GATA Protocol. It is designed to facilitate transactions, incentivize participation, and power various services within the platform. This document outlines the comprehensive tokenomics of the GATA Token, detailing its distribution, use cases, governance, initial token price, initial market capitalization, and other relevant information.
Token Details
Token Name
- GATA Token
Symbol:
- GATA
Initial mint:
- 100,000,000 GATA
Total mint:
- Not fixed
Token type:
- ERC-20
Decimal:
- 18
Blockchain:
- Optimism
Initial token price:
- $0.0005 per GATA
initial market capitalization:
- $150,000 (based on the circulating supply at launch)
Token Use Cases
For Ecosystem Currency
- GATA Tokens are used to pay for products and services fees within the GATA Protocol ecosystem.
For Incentives & Rewards
- Users earn GATA Tokens as rewards and compensation within the ecosystem.
Token Distribution
Community and Ecosystem Growth Fund 5%
Purpose:
- Incentivize user participation, reward contributors, and foster ecosystem growth.
Control:
- Managed by a multi-signature (multi-sig) wallet controlled by community members and team members.
Liquidity and Exchanges Funds 60%
Purpose:
- Provide liquidity on decentralized exchanges (DEXs) and facilitate exchange listings.
Control:
- Managed by a separate multi-sig wallet controlled by community and team members.
Development Funds 25%
Purpose:
- Locked with vesting schedules to ensure gradual release.
Vesting Schedule:
- Year 1: 95% locked
- Year 2: 10% unlocked
- Years 3-6: 21.25% unlocked annually
Reserve Fund 10%
Purpose:
- Reserved for unforeseen circumstances and future developments in the ecosystem.
Control:
- Locked for 10 years.