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Sunday, April 10, 2022

Uses of Gata Token

Most probably, you know about the Gata Protocol which is a decentralized autonomous social economy with its own token called GATA. As the parental token of the GATA Protocol, The GATA token enhances several functions which include launchpad, staking, loans, yield farming, partnerships and alliances, CSR initiatives and many more. Now, we want everyone to understand the GATA token. In order to understand the attributes of the GATA token we need to differentiate between a token and coin.

Differences between a token and a coin

The major difference between the two is that a coin exists on an independent or standalone blockchain while a token lives on another blockchain. Examples of coins are bitcoin and ether (ETH) which exist on their blockchains or networks. For instance, the developer of Ether created the ethereum blockchain to offer services backed by ETH.

 However, with the passage of time some people created decentralized applications on the ethereum blockchain which have their own cryptocurrencies we call tokens. Basic Attention Token and Loopring are cryptocurrencies that exist on the Ethereum network, hence they are token. As a matter of fact, all the cryptocurrencies that exist on the Ethereum network, other than ETH, are tokens. This is because only ETH is a coin on the ethereum network. 

So, in a nutshell, a token is an application specific cryptocurrency which enables various functions such as investment, store of value or medium of exchange. Specific tokens called utility tokens are used as internal units of payment for an application or protocol.  As an instance, the GATA token is the utility token of the GATA Protocol, meaning that it powers its various functions such as yield farming. 

The case of $GATA can further qualify what a token is. This is because it exists on the Aurora blockchain which hosts many tokens. 

Ways to earn tokens for free

Did you know that you can earn some tokens for free? Your guess is right. You can earn the tokens through airdrops, playing games as well as learning. The fact that people can earn tokens and coins in a blockchain ecosystem makes us call such platforms economies. For this reason we call GATA a decentralized autonomous social economy. This means that you have the opportunity to either earn the token for free or you invest and get high returns. In this case, at GATA protocol you can invest through yield farming and staking. 

As we speak, the GATA token Presale is live. Investors can buy the token at a discounted rate. Many investors usually get high returns through buying tokens during the presale periods. More information is available on Twitter.

Airdrops: Currently, everyone has the chance to earn the $GATA tokens for free through participating in social tasks such as following GATA Protocol on its social media platforms. You can also share the required posts while tagging your friends. 

Play games and earn: People can participate in GameFi, which are play-to-earn games. With the evolving of the metaverse, people can play games on their PCs, Android devices and iOS and earn in-game assets which they can convert into cash. 

Learn and Earn: This sounds interesting. Yes, you have the chance to carry out learning tasks on the internet and earn some tokens upon their completion. Unlike the conventional learning platforms, in DeFi you can take a course without paying any money, yet in return earn some tokens. The GATA Protocol has its own learning platform called GATA College. Here, you can earn non-fungible certificates upon completion. 

Conclusion

In summary, we have answered two basic questions: How to use GATA Tokens? What is the difference between a coin and token? Now, you know how to use the GATA token. You can speculate on GATA. You can stake and earn high rewards.  And you can invest in the token through the current Presale and later through yield farming. In fact, there are several high earning opportunities. 

To get more information join our social media platforms.

Twitter    https://www.twitter.com/gataprotocol

Instagram   https://www.instagram.com/gataprotocol

Clubhouse   https://www.clubhouse.com/club/gata-protocol

Reddit   https://www.reddit.com/r/GATA_PROTOCOL

Telegram https://www.t.me/gataprotocol

More information

You can also get more information in the following articles:

https://telegra.ph/What-is-GATA-Protocol-04-06

https://thousandsonline.blogspot.com/2022/04/gata-token.html

https://gataprotocol.medium.com/gata-protocol-a-decentralized-autonomous-social-economy-8d4b22e43567

https://www.reddit.com/r/cryptosocial/comments/u0d7ew/gata_presale/



Gata Protocol Token Giveaways

Gata Protocol Seed Sale Announcement

 Gata Protocol Seed Sale is live.




 

Price- $0.00025

 

Time- 11th April (First round of presale commences).

 

Amount= 80,000,000.

 

Who we are!

Gata Protocol is a Decentralized Autonomous Social Economy that aims to create an ecosystem of social wealth through DeFi products launched on the Aurora blockchain while creating a wider blockchain use case scenarios through dApps with Global CSR initiatives at heart.

Here's a chance to WIN BIG with the purchase of $GATA which gives you enormous opportunities as a member of its DAO/DASE.

With the $GATA, you can make huge profits through its wealth creation schemes on its DeFi which include staking, lending/borrowing, flash loans, yield farming, liquidity pools, etc. As a member of the GATA community, you are involved in its sharing of ideas to actualize a community that solves actual human problems with global CSR initiatives in mind.

 

Seed Sale Details

Token name_ $GATA

Seed Sale allocation_ 80,000,000

Seed Sale price_ $0.00025

Minimum buy- $20 (we are accepting USDT, USDC, BUSD)

 

Private Sale A

Token supply- 100,000,000

Price- $0.00085

 

 

Private Sale B

Token supply- 145,000,000

 

Price- $0.0028

 

Token max supply- 5 billion

Total seed sale token- 80 million

Capital to raise- $20,000

 

How to buy GATA token

 _ Send the amount in USDT, USDC or BUSD to Gata Wallet Address (0x713c89A5f2Ed863DFE0Fb8fa7140da823859078c)

 Gata wallet is opened on Binance, Polygon, and Ethereum & Aurora.

 

Join our communities for more information

https://theorg.com/org/gata-protocol/join

Twitter    https://www.twitter.com/gataprotocol

Instagram   https://www.instagram.com/gataprotocol

Clubhouse   https://www.clubhouse.com/club/gata-protocol

Reddit   https://www.reddit.com/r/GATA_PROTOCOL

Telegram https://www.t.me/gataprotocol

Medium   https://gataprotocol.medium.com

 

Get more information about Gata Protocol

https://gataprotocol.medium.com/gata-protocol-a-decentralized-autonomous-social-economy-8d4b22e43567

 

 

 

 

 

 

Friday, April 1, 2022

The GATA PROTOCOL Ecosystem

 GATA Protocol is a decentralized autonomous organization (DAO) whose motive is to solve many existing problems which people face such as sickness and lack of knowledge, utilizing the blockchain technology. It solves these problems through the development of decentralized applications and projects which enhance the exchange of value among people.

GATA PROTOCOL
Source: Pixabay
Source: Pixabay

The nature of the GATA Token

The GATA Protocol has its token, the $GATA which powers the entire ecosystem. GATA token is unique in that it drives a special project which will solve key problems  human beings face. For instance, it will be important in the healthcare sector, powering the dissemination of vital information.

As we may anticipate, a cryptocurrency which functions in such a way should be valuable and secure as well. Therefore, there is strong technical infrastructure that supports the GATA token. Now, we want to evaluate it in terms of the standards used to assess cryptocurrencies. In practical terms, a strong cryptocurrency should meet certain criteria.

Security: We agree that one of the key characteristics of a cryptocurrency is high security. First, currently GATA is on MetaMask, which is a very secure web wallet by all standards. Over the years in which we have used Metamask, we can ascertain that there have been very few security breaches, if any. Therefore, the fact that GATA is on Metamask is a sure sign of how the team values the security of the token and the protocol in general.

Like other coins, GATA has no intervention from central authorities such as the government which can manipulate its value. Thus the token is free from any forms of corruption and shod dealings.

Scalability: One of the essential attributes of a scalable network or project is the speed of its transaction. In this regard, the GATA Protocol is super fast resulting in many transactions per second. The protocol is ready to scale up the number of transactions as many people use it.

Solving problems: According to analysts, one of the greatest attributes of a token is its ability to solve human problems. And this is what exactly the GATA token stands for. It is useful in driving projects and applications developed to solve real life problems which people are facing.   For example, GATA College is there to equip people with modern day skills such as the use of the blockchain.

Usability: It is true that a good cryptocurrency should be easy to use. If it is not easy to use, only a few people will use it. Similarly, the GATA Protocol will be a user-friendly system, which the educated and the less-educated people are able to use.

Demand: We anticipate that the demand for the GATA token will influence its price in line with the behaviours of all other cryptocurrencies. Being a utility token that supports various projects, we expect that its price will increase significantly over a period.

Limited supply: Like other tokens, GATA has a limited supply of 5,000,000,000. This is different from central banks which print more money. More importantly, the GATA Protocol will burn 40% of the token over the next five years, something which will boost its value.

Stable transaction fee: Good tokens will not require users to pay higher fees in order to jump the transaction queue. In a similar manner, GATA has a stable fee despite the increase in the trading volume.

 

More information: You can get more information about the GATA protocol and token in the following articles:

https://gataprotocol.medium.com/gata-protocol-a-decentralized-autonomous-social-economy-8d4b22e43567

https://gataprotocol.medium.com/the-gata-protocol-ecosystem-f2e34f653ff4

 

Conclusion

Summing it up, the GATA token conforms to most of the best requirements of a good cryptocurrency. By nature of its existence on the Aurora blockchain, GATA has a stable and low fee as well as high throughput.  Currently, people are participating in the GATA token airdrop. To participate one has to visit the airdrop bot, https://t.me/gataprotocolbot?start=r08801802340.

 

                              References

https://dataoverhaulers.com/good-cryptocurrency-characteristics/

 

https://www.investopedia.com/terms/c/crypto-token.asp

https://www.gemini.com/cryptopedia/cryptocurrencies-vs-tokens-difference

Communities

Gata Protocol has the following communities:

Twitter    https://www.twitter.com/gataprotocol

 

Instagram   https://www.instagram.com/gataprotocol

 

Clubhouse   https://www.clubhouse.com/club/gata-protocol

 

Reddit   https://www.reddit.com/r/GATA_PROTOCOL

 

Telegram https://www.t.me/gataprotocol

 

Medium   https://gataprotocol.medium.com

 

LinkedIn   https://www.linkedin.com/company/gata-protocol

 

 

 

 

 

 


GATA TOKEN


Many people are already aware of the GATA Protocol, existing on the Aurora blockchain. Now, the GATA token is the crypto asset which powers this ecosystem.  We can simply define the GATA token as the native utility token of GATA Protocol.

As a utility token, $GATA powers several projects and applications which offer valuable services to the global society. By now, you are aware that GATA Protocol aims to solve existing and emerging human problems in order to improve the welfare of the people. Using the $GATA token, GATA Protocol will launch projects and applications to help human beings to progress.  

$GATATokenomics

This first and most important thing to know is that $GATA token exists on the Aurora blockchain. Here are the specific details:

Token name: GATA token

Token symbol: GATA

Standard: ERC20

Maximum supply: 5, 000, 000, 000

Token Burn: 40%

NB: There will be a 5 year token burn schedule to reduce the circulating supply and increase its value.

Uses of the GATA token

The GATA token has many uses in the ecosystem and the global economy. First, it is the protocol’s utility token, meaning that it will act as the internal means of payment for GATA Protocol services and products.

It is also a store of value, meaning that people will be able to hold it to maintain their net worth. This is why people can use it for various investment purposes.

As already mentioned, $GATA token is an investment asset in the crypto world. This means that people will invest in it.

Lastly, the $GATA is a governance token for the GATA Protocol. As such, holders of the GATA token will participate in decision making. They can create developmental proposals and vote on suggested agendas.

What are the advantages of using the $GATA token?

The major advantages of GATA arise from its existence on the Aurora blockchain. When making transactions using $GATA, they are super fast. Also, the transaction cost is very low.

Investment opportunities

As already alluded above, there are many investment opportunities where you can use the $GATA token. Here we will make a summary of these.

Hodling: This is an investment strategy where people buy and hold a cryptocurrency whether or not the price is increasing or decreasing. Their goal is to benefit from the appreciation of the asset over a long period of time such as one year. In this respect, people will be able to hodl their $GATA tokens.

Staking: Staking is similar to hodling although they are different. Staking is the investment strategy of holding a certain token in order to get a reward. Many long term holders of cryptocurrencies stake them so they get something in return. Mostly, staking platforms have established rates of return, say 5% per year. Hodling is different from staking in that the hodlers do not aim to get a return on investment but will benefit from the appreciation of the token. Therefore, $GATA holders have the opportunity to stake them and get a reward in return.

Yield Farming: In simple terms, yield farming is a process of lending some tokens in order to get a return from that. Basically, the invested tokens  are locked in smart contracts for a period of time and the liquidity provider gets a share of the trading fees of the involved pair. Therefore, it is our wish that soon investors will be able to provide liquidity for pairs involving the $GATA token.

Trading: Definitely, people will be able to trade $GATA against other cryptocurrencies and stand a chance to profit from that.

GATA Airdrop

Currently, everyone has the chance to benefit from our airdrop. The airdrop is already in progress and people can earn the precious $GATA token just for completing simple tasks which include joining our social media platforms and sharing a given post. So simple! You are required to join GATA Protocol Medium, Twitter, Telegram and Discord communities.

Please, get the full details here: https://t.me/gataprotocolbot?start=r08801802340

Conclusion

GATA is the native token for GATA Protocol which drives the entire ecosystem. It exists on the Aurora blockchain. It is a medium of exchange, a store of value and an investment asset. The main investment opportunities include hodling, staking, yield farming and trading. Currently, users can earn free GATA tokens through our airdrop program.