What is GoMining Token (GMT) | What is GMT token
In this article, we’ll discuss information about the GoMining Token project and GMT token
Token backed by real assets, with the daily income payment in Bitcoin (BTC) to its owner.Each GMT is backed by an actual unit of computing power of 0,001TH/s via SHA-256 protocol.By purchasing 1GMT, you acquire 0,001TH/s of actual computing power of our fleet of devices that are already mining BTC, enabling you daily mining income.Unlike the equipment, the token is a highly liquid asset. Its sale takes only a few minutes and at the same time it is not subject to wear and tear and does not require additional investment.The release of tokens is carried out via smart contracts and Ethereum blockchain platform.
During the first year after the release of the token, we plan to bring the average energy efficiency of our equipment to 50 W / TH with a total capacity of 200 MW. This will correspond to 4,000,000,000 tokens .Linking to the real indicators of equipment and their value completely protects the token from falling to negative values for the investor, since the value of the token cannot be lower than the cost of the equipment it is backed withIn addition to the available tools, our company will act as market makers of the token independently and maintain its value protecting investors.The management of this large-scale infrastructure is ensured by creating its own ecosystem, which includes a full cycle of competencies necessary to ensure a high level of project implementation in the crypto-sphere.
Quick start
You no longer have to think about purchasing equipment, setting it up, maintaining and upgrading it. All of this is carried out by our service centers, and GMT holders do not have to worry about it.
High liquidity
Unlike the equipment, the token is a highly liquid asset. Its sale takes only a few minutes and at the same time it is not subject to wear and tear and does not require additional investment.
Double profitability
By investing in the token, you are investing not only in a growing exchange-traded asset, but at the same time in an asset that brings passive daily income. Such a token structure creates financial support for the investor in case of market volatility or provides additional income.
Daily income
The profit is paid out directly to the holder’s wallet from the pool. Accruals are conducted once daily at pool estimated time 00:00 GMT
1 GMT = 0,001 TH
Each GMT is backed by an actual unit
of computing power of 0,001 TH/s via SHA-256 protocol.
Smart Contract
By purchasing 1 GMT, you acquire 0,001 TH/s of actual computing power of our fleet of devices that are already mining BTC, enabling you daily mining income.
Investment strategy
Independent income
Due to its nature, GMT is an investment vehicle itself. Each token is backed by a real, already working unit of power with a projected yield, and with an increase in the value of BTC, it’s growth will proportionally increase.
Fundamental exchange growth
Rush demand associated with the growth of BTC creates a constant shortage in the market of mining equipment, which entails a constant increase in its price. The GMT exchange rate is reacting at an accelerated pace to the increase in the cost of equipment, and due to the presence of already operating equipment and the high liquidity of its turnover, the investment multiplier multiplies the value of the token.
Quick start
Linking to the real indicators of equipment and their value completely protects the token from falling to negative values for the investor, since the value of the token cannot be lower than the cost of the equipment it is backed with.
How and Where to Buy GMT token ?
GMT token is now live on the Ethereum mainnet. The token address for GMT is 0x7Ddc52c4De30e94Be3A6A0A2b259b2850f421989. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap GMT token
Contract: 0x7Ddc52c4De30e94Be3A6A0A2b259b2850f421989
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
The top exchange for trading in GMT token is currently Uniswap (V3), Uniswap (V2), and Sushiswap
Find more information GMT
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🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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