GokuMarket Credit (GMC) Unlock: Why GMC 100x?

GokuMarket has come a long way from being just another exchange out there, to becoming a Top 30 exchange globally - join our journey! 🔝🏆

Medium: https://medium.com/gokumarket/gokumarket-credit-gmc-unlock-why-gmc-100x-d728208591a8

November 30th, 2021 - GokuMarket is expanding the ecosystem exponentially from a single & centralized E-commerce & Trading platform to multiple Centralized & Decentralized platforms as part of the ongoing and upcoming geographical & regulatory partnerships. 

However, over time we pivoted from being just Ecommerce to becoming a full-fledged financial service and eCommerce project. GokuMarket has come a long way, from being just another exchange out there to becoming one of the Top 30 exchanges globally (as reported on CoinGecko). With over 840k registered users, and our native token GokuMarket Credit (GMC), we have a market cap of more than $2 Billion.

Together with our community, we have moved from being a single platform to becoming an ecosystem open to accepting other startups into it. The journey during these initial years has been explosive and exciting. Today, GokuMarket stands on the below key pillars, which represents the foundation of the GokuMarket ecosystem:

• GokuMarket Exchange on Web and Mobile Apps
• Decentralized E-commerce on Web and Mobile Apps 
• DEX (Decentralized Exchange) on Web (coming soon!)
• GokuMarket Ventures on Web

🔥 What has Happened so Far from Day Zero❓

You — our GokuMarket Community and early GMC adopters and HOLDers — have always been at the forefront of every new feature decision we make. Patience and hard work pay off! The GMC Unlock Program and its initial release was GokuMarket's way to reward you for trusting us. On Day Zero (October 30, 2021) of the GMC Unlock Program, we already unlocked and released an additional 10%, based on your overall GMC token holdings, and added it into your Reward Wallet. 

🔥 Big Question: Why Increase the Supply by 100x ❓

As we are growing and building venture partnerships with crypto startups, we needed a better supply of GMC and also a deflationary mechanism; so we came up with the 100X supply and a quarterly burn mechanism. 

Additionally, in order to make it fair and reward the existing GMC HODLers, we decided to distribute the additional GMC with a "Price protection" mechanism by creation the GMC Unlock Program.

🔥 What New Utilities and Uses 100x GMC will Provide ❓

👉 Deciding Power for Upcoming Project Listings

GMC lets its hodlers have the power to decide which projects will be listed on the GokuMarket Launchpad IEO and for Trading. You can use your GMC to vote on the projects you want GokuMarket to list on the Exchange and receive exclusive Tokens and free Airdrops in return. Learn more here. 

👉 Power to Fund and be part of Newly Launched Projects

At GokuMarket Ventures, we are committed to supporting and creating one global marketplace for the blockchain economy. We actively invest in technology companies where our expertise can add value with the primary focus on fintech. Learn more here.

👉 Governance Power for the future Steps of GokuMarket

GokuMarket has always been a Community-driven Exchange and values the opinions of the community. GokuMarket began with centralized control of the protocol, and over time, transitioned to complete community and stakeholder control. The GokuMarket roadmap, features, coin listings, and changes are all decided by including the community in the decision-making process. The inclusiveness of the GokuMarket Community helps the ecosystem take shape and form a successful business model. Learn more here.

👉 Capability to experience truly Decentralized Ecommerce

GokuMarket aims to enable buyers to shop with cryptos such a GokuMarket Credit (GMC) for physical and digital products in a truly decentralized fashion. Our vision is to build the most decentralized community-driven platform in the DeFi industry with verified sellers and anonymous buyers.

💜 GOKUMARKET CREDIT (GMC) IS THE KEY TO MAKING ALL OF THE ABOVE POSSIBLE. 👏

👉 Where else can I use GMC?

The list of real-world uses for your valuable GMCs keeps on growing! In addition to the above examples, you can still use GMC in many places where you earn extra rewards, cashback, boost your G-Rank, and much more. What places, you ask? Use GMC to Buy AI Bots, make Automated AI trades, Stake GMC in the GMC Vault, earn rewards, purchase VISA Cards, pay your trading fees, and much more. 

💜 One token, multiple uses. The Ultimate DeFi E-commerce Token!

We are building a completely Decentralized Commerce and Trading platform that allows full and transparent participation of the community to shape GokuMarket's future. GokuMarket's vision is to create a community-driven protocol, using innovative instruments to support GMC holders and boost the token value during the development process.

Stay connected with the cryptocurrency trends and get the latest updates by following GokuMarket on social media with Telegram, Facebook, Twitter, Instagram, LinkedIn, and YouTube. Also, make sure to download & install the GokuMarket Android and iOS app for quick & easy access.  

Regards,
GokuMarket Team

[2021-11-30]