GSC
  • Executive summaries
    • Problems to be solved by Genesis spark coin
    • Brief description of the solution offered
  • Introduction
    • The Motivation behind the Establishment of Genesis spark coin
    • Relevance in context
  • Technical Introduction
    • Integration with the Ethernet blockchain
    • Security Measures and Protocols
  • Relationships and cooperation
    • Nature of collaboration
    • Benefits of cooperation
  • Proposed programme
    • The GSC Labs Solution
    • Anticipated Outcomes
  • Governance and Compliance
    • Key Governance Mechanisms
    • Compliance Strategy
    • Conclusion
  • Roadmap
    • Conclusion
  • Token allocation
  • Risk and challenges
    • Technological Risk
    • Financial Risks
    • Managing Risk
    • Mitigation Strategy
  • Conclusion
    • Vision for the future
    • Acknowledgements
    • A Call to Action
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Token allocation

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Last updated 1 year ago

Project Name: Genesis Spark Coin

Token Symbol: $GSC

Total Supply: 30,000,000,000 GSC

  1. Seed Funding - 40% (12,000,000,000 GSC)

    • Purpose: To provide initial capital for the development of the project, incentivize the founding team, and support early operational and marketing efforts.

  2. Community Incentives - 20% (6,000,000,000 GSC)

    • Purpose: To foster community growth, encourage user participation, and reward contributions from developers and users alike.

  3. Platform Development Fund - 10% (3,000,000,000 GSC)

    • Purpose: Allocated for continuous development, innovation, and enhancement of the GSC platform, ensuring long-term relevance and competitiveness.

  4. Staking Rewards - 20% (6,000,000,000 GSC)

    • Purpose: Dedicated to users who stake their tokens, supporting network security and stability while rewarding commitment.

  5. Future Reserves - 10% (1,000,000,000 GSC)

    • Purpose: Set aside for unforeseen needs, new strategic initiatives, or expansion opportunities that may arise, allowing flexibility and adaptability for the project's growth.