One of the most progressive, retail friendly token distribution
Since its inception, GPool has highlighted the fact that so many launchpads don’t put their retail investors’ interest first and fail to secure adequate pre-sale tokens for their IDOs. GPool is committed to the principle that retail investors, participating in IDOs, should be able to be whitelisted and given the opportunity to buy sizable allocations of pre-sale tokens.
Therefore, GPool made 67% of its tokens available for purchase by its retail investor community in its own token launch in August 2021. The raise was fully subscribed with every investor being allocated 1000 USDT as minimum. There was no seed or private investment round.
How was the remaining 33% of tokens be allocated?
GPool was listed on Uniswap on launch and this will be followed by a further 3 to 4 other decentralized exchanges (DEXs) over time. Each of these DEXs will require liquidity and 13% of the tokens will be used for this purpose.
Marketing activities will be 13% of the tokens and the current and future team members will receive 5%, which will be vested for 3 months (future vesting period to be released closer to the end of the first 3 months).
GPool has recently announced the Genesis Staking Pool (see later) which will reward long-term holders of the GPool token. The final 2% of the tokens will be allocated to this staking pool.
It is important to note that the GPOOL token will:
Have less than 1500 wallets holders on launch
Most of these wallets will hold their tokens in the staking pool and to maintain the GPass
Therefore the number of tokens on the secondary market will be very low, making them scarce.
Tokens will only be available on Uniswap initially
To participate in GPool’s IDOs, new investors will need to hold GPool’s tokens. Every IDO, GPool will announce how many tokens each wallet must hold. This means that there will be a buying pressure on the token every time IDO announced.