Growing GC Rate

GrabCoinClub
4 min readJan 17, 2023

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Our regular readers know that GrabCoinClub project has issued 6 billion GC tokens. Now, on the PreSeed-sale its price is 0.0032 USDT per 1 GC. However, according to the project economists’ forecasts, GC tends to the rate of 1 USDT per 1 GC. And this is already a convincing argument to start buying GC tokens now…

In this article we will look at the tools that GrabCoinClub can use to achieve organic GC token appreciation.

For Those Out of the Loop Yet

GC is a utility token that represents the internal game currency in the GrabCoinClub ecosystem. GCs are coins that players receive in our GrabCoin economic strategy game. GC tokens are the means by which you can buy products released by the project, such as NFT.

GC can be exchanged for any other cryptocurrency.

Tokens Going Viral

On New Year’s Eve 2023, there was a raffle of GC tokens among GrabCoinClub’s giveaway participants. According to the raffle results, the project gave 943,000 GC to the winners!

This way 293 new GC token owners appeared.

A giveaway is one of the popular ways to distribute the project tokens among community members. The activity of token owners affects its profitability. The greater the demand for a new coin, the higher its rate.

Easy Does It

Quality blockchain projects gradually put their tokens on the market and take care to distribute them evenly among community members. We use CLIFF and VESTING tools in this respect.

CLIFF is about the period of full locking GC into a smart contract without an ability to send it to anyone’s cryptocurrency wallet. CLIFF starts on February 15, 2023, and lasts 4 months.

VESTING within the GrabCoinClub means 18 months of receiving the won tokens to the winners’ wallets. And the sum of winnings is divided into equal parts and paid during the whole vesting period.

For example, if you’ve won 10 000 GC, you will get 555 GC monthly in your wallet.

Therefore, the project ensures equal distribution of GC-tokens among the owners and minimizes the risk of getting a large amount of GC-tokens by one person.

CLIFF and VESTING are based on the smart contracts from PinkSale, a highly auditable, ultra-secure Web3 platform partnered with GrabCoinClub.

Gradual entry of the token into the market is a guarantee of its rate stability in the future. This is how we prevent the risk of a drop in the exchange rate, which happens when token is quickly and aggressively injected into the market turnover.

Listing

The listing is the moment of truth when GC tokens appear on the list of exchange-traded assets and are freely traded on CEX and DEX. It is one of the most important steps a cryptocurrency must go through before it enters the open market. Figuratively speaking, the listing is the initiation of a new currency and its official acceptance into the cryptocurrency family. For the sake of such an event, we are willing to go slowly, but by the rules of the market.

DAO

Another interesting tool we use is the DAO board.

DAO is a decentralized autonomous organization (GrabCoinClub community), which is controlled by community members.

You can become a member of the community by getting a digital certificate of ownership of tokens or other GrabCoinClub digital assets.

Venture Investment

Just a reminder that you can still buy GC tokens at the minimum price by February 15, 2023, which is only valid for the PreSeed period. At the IDO Seed Round we expect a logical increase in the price of GC tokens according to the tokenomics of the project.

Buying a token of a new promising project at the early stages is a venture investment — a mechanism for investing in the development of the project with the formation of a common fund.

The practice of venture capital investment was used in a variety of projects with good potential, which is obvious to people who understand tokenomics and have read at least two books on economics. That’s how Google, Facebook, Skype, LinkedIn, Twitter started. And their early investors made the pages of Forbes and became some of the wealthiest people in the world.

Let’s summarize. GrabCoinClub project boosts GC token rate with safe and proven economic tools, such as phased non-aggressive placement of token on the market, its even distribution among buyers, thoughtful tokenomics, venture investments provided by our “angels”. And the most important tool that affects token volatility, i.e. its market price skyrocketing, is the formation of an active project community, in which every participant is important.

Have you already been on board GrabCoinClub?

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GrabCoinClub
GrabCoinClub

Written by GrabCoinClub

It’s the community for crypto-investors and P2E gamers. 🔌 Join us https://linktr.ee/grabcoinclub & go for a walk through www.grabcoinclub.com 🪐