GT Protocol DAO Launch & The TGE Voting

GT PROTOCOL
6 min readSep 30, 2023

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Article Outline:

This article consists of three main paragraphs:

  1. DAO Launch.
  2. The Incubation by ChainGPT.
  3. DAO Voting Event #1: TGE schedule.

DAO Launch

Dear users,

We are pleased to announce the launch of our DAO along with our inaugural voting event.

This marks a significant milestone in the GT Protocol ecosystem’s development because the DAO’s launch empowers all our supporters, users, community members, and backers to influence the project’s future development.

This is of utmost importance to us because our project has grown and achieved success from day one, thanks to the dedication, involvement, and active participation of our community:

  • it’s thanks to the community our audience has expanded to include 50,000 registered users, as you’ve generously shared our product through word of mouth.
  • thanks to your support, the GT Protocol ecosystem has generated over $908K in revenue, which has been instrumental in its growth and development during a bear market period
  • furthermore, it was your support that enabled us to secure a partnership with Binance

Our recipe for success has always centered on the continuous efforts of our team, the high quality of our products and services, and, most importantly, the unwavering support and involvement of our community members.

This is the narrative that has led us to success, and it’s the narrative we aim to uphold as we continue to build, grow, and expand.

The Incubation by ChainGPT

First and foremost, it’s important to mention that just this week, we signed an incubation partnership with the ChainGPT.

ChainGPT is a top-tier blockchain AI project that has built a robust ecosystem around itself.

The team is highly professional, and this partnership ensures a professional and strong token launch for GT Protocol.

ChainGPT provides comprehensive incubation support, including daily calls, active involvement in development, marketing, legal, and business development. ChainGPT team members, including C-level executives are like an integral part of our in-house team.

ChainGPT has already successfully launched their token, achieving a remarkable 42x ATH ROI, making it one of the most successful launches of 2023.

Additionally, as part of their incubator, they have launched several other projects, and GT Protocol will be the third project launched by them.

DAO Voting Event #1: TGE schedule

We want to hear and consider your opinions regarding the next critical step in our roadmap — the schedule for the Token Generation Event.

We have been diligently building this project for over four years.

Some of you joined us nearly two years ago, while others joined more recently.

However, all of you have eagerly awaited the token launch, and we are now at the point where we are ready to make it happen!

Voting Options:

1️⃣ TGE in Q4 2023

2️⃣ TGE in Q1 2024

📩 View and Vote here📩

Options Breakdown

Both options have their merits, so let’s delve into a detailed review of each.

1. TGE in Q4 2023

In the first case, we acknowledge that the Q4 market may not be ideal for a launch, with lower volumes.

However, we have a strong product and reliable partners who will assist us in securing necessary partnerships with Tier 2 CEXes.

While a strong market and agreements with Tier 1 CEXes are crucial for the best performance, history has shown that many successful projects were launched during bear markets, and we are prepared to follow suit.

2. TGE in Q1 2024

In the second option, we anticipate improved market conditions and the possibility of the start of a bull run trend.

As an analogy, investing in projects is like surfing: the surfer represents the team, the surfboard symbolizes the product, and the wave signifies timing of the launch.

Even with the best surfer and surfboard, without the right wave, success remains elusive. With the right wave, a surfer can enjoy an exceptional ride.

Our primary goals in the #2 scenario are:

  • Securing more partnerships with major players and Tier 1 and Tier 2 CEXes and partners;
  • Focusing on marketing and lead generation to drive product adoption and community growth.

We have already entered into long-term marketing contracts with top-notch KOLs, conducted interviews with influential figures like Evan Luthra (with 2M Instagram followers) and Yat Siu (co-founder of Animoca Brands), we prepared a quest reward campaign for our launch, and we are actively continuing to onboard new marketing partners and KOLs.

In conclusion, if we consider launching in Q1 2024, we can be confident that we will be in a better stage in terms of an expanded user base that can fully benefit from the token utilities. We will also have advanced marketing strategies, as well as the ability to secure more strong partnerships with Tier 1 and Tier 2 partners.

When combined with favorable market conditions, all these factors promise us a solid, powerful, and strong launch.

We invite you to participate in our voting event and share your opinions with us. The team will take voting results into consideration and dedicate all necessary efforts to ensure a strong and professional launch for GT Protocol!

📩 View and Vote here📩

Voting Details:

  1. To be eligible to vote, you need to have $GTAPPxDAO tokens in your wallet.
  2. $GTAPPxDAO tokens are proxy tokens that were issued before the official launch of the $GTAPP token. They allow users to vote in DAO votings and also provide utility in our platform, which is available at app.gt-protocol.io.
  3. $GTAPPxDAO tokens are going to be distributed to the wallets of all Seed and Private round participants as indicated in SAFTs.
  4. In case you haven’t received your tokens, please contact the team to claim them.

Voting Schedule:

1. Phase 1: DAO members’ voting starts from September 30th to October 15th.

2. Phase 2: The team and advisors’ voting on October 16th.

The team will notify Seed and Private round participants about the voting and request their participation.

If some backers do not vote within the allowed timeframe, they will pass their voting power to the team, and the team will vote on their behalf in Phase 2 voting.

How to Vote:

1. Go to the GT Protocol DAO at snapshot.

2. Connect your browser wallet, for example, MetaMask.

3. Choose the voting option.

4. Cast your vote by signing the transaction.

5. The voting power depends on the amount of $GTAPPxDAO tokens in your wallet. The more tokens you have in your balance, the greater your voting power.

$GTAPPxDAO Smart Contract Details:

1. The smart contract address: [0x42e4157fACa0a17aeb97A5Cf5544EdfE4B4C5Ec3]

Be Aware of Scam Attempts:

  1. 1$GTAPPxDAO tokens are purely utility tokens.
  2. $GTAPPxDAO tokens are non-tradable. We do not endorse any trading, selling, or swapping initiatives. All such activities are unofficial.
  3. You have the option to transfer $GTAPPxDAO tokens to your friends or any third parties. However, it’s important to note that these tokens will not be convertible to $GTAPP tokens after the Token Generation Event (TGE).
  4. $GTAPP tokens will only be distributed or made available for claiming at the TGE event only by wallet addresses specified in the SAFT agreements of Seed and Private round contributors.

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GT PROTOCOL
GT PROTOCOL

Written by GT PROTOCOL

BLOCKCHAIN AI EXECUTION PROTOCOL

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