GRT PAY
  • INTRODUCTION
  • BACKGROUND
    • Cryptocurrency
    • Gaming Tokens
  • WHY INVEST IN GRT TOKEN?
  • TECHNOLOGICAL PILLARS
  • TECHNICAL OVERVIEW
  • MISSION AND VISION
  • IDENTIFIED PROBLEM AND SOLUTION
  • TOKENOMICS
  • MARKET POTENTIAL AND TOKEN VALUE
  • USE CASES
  • ROADMAP
  • SECURITY AND COMPLIANCE
  • COMMUNITY AND ECOSYSTEM
  • CONCLUSION
  • IMPORTANT LINKS
  • INVITATION TO JOIN
  • Terms & Conditions
    • Introduction
  • Privacy Policy
    • Introduction
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  • Tokenomics Details
  • Token Utility

TECHNICAL OVERVIEW

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Last updated 11 months ago

The GRT PAY Protocol is a revolutionary blockchain-based solution designed to transform the landscape of gaming rewards and digital payments. With its native token, GRT, the protocol introduces innovative tokenomics, robust utility features, and cutting-edge mechanisms aimed at enhancing user experience, fostering community engagement, and ensuring a secure ecosystem. In this technical overview, we delve into the core aspects of GRT's tokenomics, distribution model, burning mechanism, utility, and diverse use cases.

Tokenomics Details

GRT PAY Protocol's native token is known as GRT, represented by the symbol "GRT." The total token supply is capped at a substantial 200 billion tokens, ensuring ample availability for widespread adoption and utility across various applications. Built on the BEP20 network, GRT leverages the power of Binance Smart Chain (BSC), offering scalability, low transaction fees, and rapid confirmations. With a decimal precision of 18, GRT facilitates micro-transactions and precise value transfers within the protocol's ecosystem.

Token Distribution The distribution of GRT tokens follows a strategic model to ensure equitable access and sustainable growth. A significant aspect of the token distribution is the burning mechanism, which systematically reduces the token supply over time. This deflationary approach not only increases scarcity but also incentivizes token holders by potentially increasing the value of their holdings. The burning mechanism is executed through smart contracts, ensuring transparency and efficiency in token management.

Token Utility

GRT token's utility extends far beyond conventional digital assets, offering a plethora of functionalities within the GRT PAY Protocol ecosystem. One of its primary use cases is gaming rewards, where players earn GRT tokens as incentives for achievements, milestones, and in-game activities. This gamification element enhances user engagement and fosters a vibrant gaming community.

Additionally, GRT serves as a versatile means of utility payments, enabling users to access a wide range of services such as travel bookings, mobile recharges, flight reservations, and more. This seamless integration of GRT into real-world transactions simplifies payment processes and expands the token's utility beyond the gaming sphere.

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