Founders donate 50,000 GAT to the Liquidity Pool

The founders of the GAT Network have donated 50,000 GAT to the liquidity pool at BakerySwap. The liquidity pool will launch shortly after the IDO on 19th of July 2021. The liquidity pool will launch with a total of at least 68,000 GAT (6.8% of total supply). The founders will not hold any LP tokens of the corresponding liquidity, meaning that the donation is indeed irreversible.

(Update July 27th: only 28,000 GAT have been used for the Liquidity Pool. Since liquidity is comfortable now we decided to give the remaining 40,000 GAT away at the launch of Alchemy Arena)

Remember: In April 2021 the founders have acquired 15% of the total supply of GATs:

  • 5% have been sent directly to the founders, whereas
  • 10% are legally locked on a wallet until November 2021.

The 5%, which were accessible by the founders, have now been donated to the liquidity pool. Please also have a look at our updated tokenomics page.

You can review the donating transactions here:

Founder:     Anne 0x1632d659dcdb29e3b59226451ecdc38396ebea61

Founder:    Roman 0xa99caa5e8d83d24002a3eb799efcbd98dcfc4943

Founder:     Vitaly 0x17bd3a5a1987ea51f2a1d78c8431aa1eabba15ce

The 3 founders together now  still hold a total of 100,000 GAT (33,333 GAT each) – legally locked at least until Nov, 2021 – view wallet

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Background information

Gat Network is a web of connected NFT trading & gaming projects – launched in early 2021 by a fully transparent team/company in Germany.

The team is honored to have joined the Binance Labs Incubation Season 3

We have already launched several projects live on BSC (fully audited):

  • Assets Exchange Minted Vodka – trade anything for anything
  • Alchemy Toys – p2e game
  • Alchemy Arena – p2e game
  • TOY NFTs – collectible NFTs used in all games
  • GAT – limited, deflationary, low-cap, multi-use-case token
  • Game Ace -the world´s first NFT playable as retro video games

GAT Network is funded and has a long-term multichain/ cross-chain vision for NFT trading & gaming centered around GAT and the highly flexible Minted Vodka exchange. We refrain from hypes and pump & dump mentality and concentrate fully on building great technology and on organic growth.

Start here is you want to learn more or watch a Video to get an overview.

 

Contract address GAT: https://bscscan.com/token/0xf315cfc8550f6fca969d397ca8b807c5033fa122

CEX: please check this link for the current CEX listings

Liquidity: Pancake Swap / Bakery Swap

Website: https://gat.network/

Twitter: https://twitter.com/AlchemyToys

Telegram Info: https://t.me/gat_news

Telegram Community: https://t.me/alchemytemple

Litepaper / Whitepaper

Published On: July 16, 2021Categories: GAT, News