What happens to GAT holdings of the GAT Network DevTeam?

You wonder what will happen after the private GAT funds of GAT Network Dev Team will be unlocked this winter?

We can tell you already that everyone can relax since nothing will change.

The funds are locked behind a legal contract which only permits use of them until end-June 2022 for example to onboard key partners, for top-tier cex listing or similar important topics . This gives the team the freedom to use the funds for reasons to benefit the GAT project and GAT community even before end-June 2022.

Because although these are private holdings of the founders (bought in the pre-sale) – under certain circumstances we might consider to use them for the common good. (Remember that the Dev Team donated 50,000 GAT of their private holdings to liquidity in July)

The funds stay in the same wallet that can be publicly monitored by the community at any time here

Apart from that we hodl 🙂

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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: September 17, 2021Categories: GAT, News