PRESS RELEASE. GMT has started to pre-sell the GMT token. In total, 100,000 GMT will be sold in this phase at the price of 1GMT = 0.004ETH and will increase to 1GMT = 0.01ETH in the next round. Minimum purchase is 0.5ETH.
Grandmarche is a DeFi platform that offers savings and loans, plus it will be the anchor of three stable coins in South East Asia based on THB, SGD and PHP with a 1: 2 decentralized collateral system. In other words, this platform will be designed to eliminate middlemen and custody costs in money markets. GMT token will function as the main loan token in GrandMarche and as a governance token.
Remember, the daily volume of the ASEAN forex market is about $ 1.5 trillion. So in the future there is huge potential, creating a DeFi that will one day be used by the ASEAN banks to trade some of their forex reserves.
Grandmarche has obtained some funding from private and UK investors. And they are ready to start developing the protocol further, aiming to be the largest pool of lending and lending.
Total supply: 1,000,000 GMT
Angel Investor (acquired in 2 years): 400,000 GMT
Token Sales (pre-sales + crowdfunding): 300,000 GMT
Private sales (acquired in 6 months): 100,000 GMT
Team + Advisors: (acquired 12 months): 150,000 GMT
Ecosystem Leader + airdrop: 50,000GMT
Youtube channel: https://tinyurl.com/y6ymkme3
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