Satoshi Nakamoto holds the most bitcoins, estimated at 1.1 million BTC. Satoshi not only invented but also launched Bitcoin by becoming the first miner to create transaction blocks. It is estimated that Satoshi mined over 22,000 blocks starting January 3, 2009, and received over a million bitcoins in accumulated block rewards for this work.
How many Bitcoins does Satoshi have?
As a result, Satoshi is estimated to have more than 1.1 million BTC, valued at about $113 billion in December 2024. These bitcoins are not stored in one address but spread across about 22,000 addresses. None of them have been spent except for a few experimental transactions. Satoshi left the project in 2010 and has not been heard from since.
Individual Bitcoin whales
Tyler and Cameron Winklevoss: After settling with Mark Zuckerberg in 2008 for Facebook shares and cash worth $65 million, the duo founded an angel investment firm. A few years later, they announced they had purchased approximately $11 million in bitcoin at an average price of $10 each. It is estimated that the Winklevoss twins own ~70,000 BTC.
Tim Draper: This VC mogul has been interested in Bitcoin for a while; so much so that he made his first purchase of 40,000 BTC on the Mt Gox exchange.
Unfortunately, all 40,000 coins were lost in the subsequent hack and bankruptcy. However, in 2014, Draper purchased 29,656 BTC for $18.7 million with a cost basis of about $632 per coin.
Michael Saylor: The founder and chairman of Microstrategy revealed in a tweet in October 2020 that he personally holds 17,732 BTC. It is reasonable to assume he has bought more since then—as a public Bitcoin Bull.
Microstrategy 386,700
Black stone 610,430
Gray scale 215,941
Now let's discuss an interesting point:
GMT and GMT DAO: The journey of innovation and community empowerment
GMT, a previous Binance Launchpad project, is the heartbeat of its expanding ecosystem. It has evolved into a key token across platforms like STEPN, STEPN GO, MOOAR, and DOOAR, enhancing user experience across various blockchain applications. This article delves into the recent developments of GMT, including the groundbreaking 600M GMT Buyback Initiative and the BURNGMT Initiative, and explores the impact this move may have on the token's ecosystem.
Overview of GMT DAO and Ecosystem
GMT DAO serves as the backbone of the GMT ecosystem, managing the ecosystem fund to drive the development of various innovative products, including:
STEPN: A fitness app with over 6 million active users.
STEPN GO: An extension of fitness in the form of a game.
MOOAR: A leading NFT trading platform.
DOOAR: A cross-chain DEX for seamless asset trading.
Partnerships with global brands like Casio, ASICS, and Adidas further solidify GMT's market-leading position. These collaborations reflect GMT's vision of integrating blockchain with real-world applications, providing unique experiences for users worldwide.
The 600M GMT Buyback Initiative and BURNGMT
One of the most significant moves in GMT's history is the recent unlocking of 600 million GMT tokens. Valued at $100 million, these tokens include early allocations for advisors, teams, and investors that have not been unlocked. Here are the reasons why this initiative is monumental:
1. Show confidence: The buyback emphasizes the GMT team's strong belief in the development and sustainability of their ecosystem.
2. Enhance Tokenomics: Burning these tokens will significantly reduce the total supply, increasing scarcity and potentially increasing value.
3. Empowering the community: The decision to burn these tokens lies in the hands of the community through the BURNGMT voting initiative.
BURNGMT voting initiative: How it works
The BURNGMT initiative allows GMT holders to participate in a 60-day lock voting event from November 21, 2024, to January 20, 2025. Here’s an analysis of this mechanism:
Voting process: Participants lock their GMT tokens to vote on whether the 600 million repurchased tokens should be burned.
Reward fund: To encourage participation, a reward fund of 100 million GMT will be distributed to voters based on their locked GMT amount.
Community impact: By participating, you not only influence the future of GMT but also share in the benefits from a stronger tokenomics model.
Why join the BURNGMT Initiative?
1. Empowering the ecosystem: Burning 600 million tokens will remove a significant portion of the supply, helping to reduce inflationary pressure.
2. Be a part of history: This initiative demonstrates the unique capability of blockchain to engage the community in meaningful decision-making.
3. Earn rewards: Join the 100 million GMT reward pool to ensure tangible benefits for your participation.
GMT Tokenomics and the impact of Burn
Burning 600 million GMT tokens could significantly reshape the distribution process of tokens:
Supply reduction: Removing these tokens from circulation will increase scarcity, benefiting long-term holders.
Value enhancement: Lower supply while demand remains steady or increases could drive the market value of the token higher.
Ecosystem growth: The redistribution of these tokens to the DAO ensures continued funding for product development and partnerships.
How to participate in the BURNGMT Initiative
Here’s a step-by-step guide to participating in this transformative event:
1. Prepare your GMT: Purchase and hold GMT tokens in your wallet.
2. Lock tokens for voting: Participate through the official GMT voting platform during the voting period (November 21, 2024 – January 20, 2025).
3. Voting: Decide whether the tokens will be burned or kept.
4. Receive rewards: After the event ends, claim your rewards from the total of 100 million GMT based on your voting participation.
Products of the GMT ecosystem and partner brands
GMT is not just a token; it is a tool supporting advanced blockchain innovations:
STEPN and STEPN GO: Revolutionizing fitness through gaming and rewards.
MOOAR: Driving NFT adoption with a seamless trading experience.
DOOAR: Simplifying cross-chain transactions for Web3 users.
Collaboration with Casio, ASICS, and Adidas enhances visibility and utility of GMT, connecting blockchain with mainstream industries.
The 600M GMT Buyback Initiative and BURNGMT illustrate the GMT team's commitment to innovation, community engagement, and sustainable growth. By burning these tokens, the ecosystem could witness enhanced tokenomics, strengthen market confidence, and accelerate product development.
Don't miss the chance to participate in this historic event. Join the BURNGMT initiative, shape the future of GMT, and share the rewards.
What do you think about the BURNGMT initiative? Let's discuss in the comments below.
Remember to follow, like, and share
#BURNGMT
$GMT
@GMT DAO
Satoshi Nakamoto holds the most bitcoins, estimated at 1.1 million BTC. Satoshi not only invented but also launched Bitcoin by becoming the first miner to create transaction blocks. It is estimated that Satoshi mined over 22,000 blocks starting January 3, 2009, and received over a million bitcoins in accumulated block rewards for this work.
How many Bitcoins does Satoshi have?
As a result, Satoshi is estimated to have more than 1.1 million BTC, valued at about $113 billion in December 2024. These bitcoins are not stored in one address but spread across about 22,000 addresses. None of them have been spent except for a few experimental transactions. Satoshi left the project in 2010 and has not been heard from since.
Individual Bitcoin whales
Tyler and Cameron Winklevoss: After settling with Mark Zuckerberg in 2008 for Facebook shares and cash worth $65 million, the duo founded an angel investment firm. A few years later, they announced they had purchased approximately $11 million in bitcoin at an average price of $10 each. It is estimated that the Winklevoss twins own ~70,000 BTC.
Tim Draper: This VC mogul has been interested in Bitcoin for a while; so much so that he made his first purchase of 40,000 BTC on the Mt Gox exchange.
Unfortunately, all 40,000 coins were lost in the subsequent hack and bankruptcy. However, in 2014, Draper purchased 29,656 BTC for $18.7 million with a cost basis of about $632 per coin.
Michael Saylor: The founder and chairman of Microstrategy revealed in a tweet in October 2020 that he personally holds 17,732 BTC. It is reasonable to assume he has bought more since then—as a public Bitcoin Bull.
Microstrategy 386,700
Black stone 610,430
Gray scale 215,941
Now let's discuss an interesting point:
GMT and GMT DAO: The journey of innovation and community empowerment
GMT, a previous Binance Launchpad project, is the heartbeat of its expanding ecosystem. It has evolved into a key token across platforms like STEPN, STEPN GO, MOOAR, and DOOAR, enhancing user experience across various blockchain applications. This article delves into the recent developments of GMT, including the groundbreaking 600M GMT Buyback Initiative and the BURNGMT Initiative, and explores the impact this move may have on the token's ecosystem.
Overview of GMT DAO and Ecosystem
GMT DAO serves as the backbone of the GMT ecosystem, managing the ecosystem fund to drive the development of various innovative products, including:
STEPN: A fitness app with over 6 million active users.
STEPN GO: An extension of fitness in the form of a game.
MOOAR: A leading NFT trading platform.
DOOAR: A cross-chain DEX for seamless asset trading.
Partnerships with global brands like Casio, ASICS, and Adidas further solidify GMT's market-leading position. These collaborations reflect GMT's vision of integrating blockchain with real-world applications, providing unique experiences for users worldwide.
The 600M GMT Buyback Initiative and BURNGMT
One of the most significant moves in GMT's history is the recent unlocking of 600 million GMT tokens. Valued at $100 million, these tokens include early allocations for advisors, teams, and investors that have not been unlocked. Here are the reasons why this initiative is monumental:
1. Show confidence: The buyback emphasizes the GMT team's strong belief in the development and sustainability of their ecosystem.
2. Enhance Tokenomics: Burning these tokens will significantly reduce the total supply, increasing scarcity and potentially increasing value.
3. Empowering the community: The decision to burn these tokens lies in the hands of the community through the BURNGMT voting initiative.
BURNGMT voting initiative: How it works
The BURNGMT initiative allows GMT holders to participate in a 60-day lock voting event from November 21, 2024, to January 20, 2025. Here’s an analysis of this mechanism:
Voting process: Participants lock their GMT tokens to vote on whether the 600 million repurchased tokens should be burned.
Reward fund: To encourage participation, a reward fund of 100 million GMT will be distributed to voters based on their locked GMT amount.
Community impact: By participating, you not only influence the future of GMT but also share in the benefits from a stronger tokenomics model.
Why join the BURNGMT Initiative?
1. Empowering the ecosystem: Burning 600 million tokens will remove a significant portion of the supply, helping to reduce inflationary pressure.
2. Be a part of history: This initiative demonstrates the unique capability of blockchain to engage the community in meaningful decision-making.
3. Earn rewards: Join the 100 million GMT reward pool to ensure tangible benefits for your participation.
GMT Tokenomics and the impact of Burn
Burning 600 million GMT tokens could significantly reshape the distribution process of tokens:
Supply reduction: Removing these tokens from circulation will increase scarcity, benefiting long-term holders.
Value enhancement: Lower supply while demand remains steady or increases could drive the market value of the token higher.
Ecosystem growth: The redistribution of these tokens to the DAO ensures continued funding for product development and partnerships.
How to participate in the BURNGMT Initiative
Here’s a step-by-step guide to participating in this transformative event:
1. Prepare your GMT: Purchase and hold GMT tokens in your wallet.
2. Lock tokens for voting: Participate through the official GMT voting platform during the voting period (November 21, 2024 – January 20, 2025).
3. Voting: Decide whether the tokens will be burned or kept.
4. Receive rewards: After the event ends, claim your rewards from the total of 100 million GMT based on your voting participation.
Products of the GMT ecosystem and partner brands
GMT is not just a token; it is a tool supporting advanced blockchain innovations:
STEPN and STEPN GO: Revolutionizing fitness through gaming and rewards.
MOOAR: Driving NFT adoption with a seamless trading experience.
DOOAR: Simplifying cross-chain transactions for Web3 users.
Collaboration with Casio, ASICS, and Adidas enhances visibility and utility of GMT, connecting blockchain with mainstream industries.
The 600M GMT Buyback Initiative and BURNGMT illustrate the GMT team's commitment to innovation, community engagement, and sustainable growth. By burning these tokens, the ecosystem could witness enhanced tokenomics, strengthen market confidence, and accelerate product development.
Don't miss the chance to participate in this historic event. Join the BURNGMT initiative, shape the future of GMT, and share the rewards.
What do you think about the BURNGMT initiative? Let's discuss in the comments below.
Remember to follow, like, and share!!