The Web3 security project GoPlus Security officially launched the GPS token and announced the TGE timing along with an airdrop event on January 16, 2025.
GoPlus announces tokenomics, will airdrop and TGE on January 16
After raising $10 million in funding from reputable names like OKX Ventures, HashKey Capital, and Animoca Brands, the Web3 security project GoPlus Security (abbreviated as GoPlus) has officially announced the launch of the GPS token TGE event on January 16, 2025, along with an airdrop for users.
Wen $GPS?
— GoPlus Security (@GoPlusSecurity) January 13, 2025
🗓: 16th Jan. https://t.co/nK5AYgxLZJ
According to the team behind the Web3 cybersecurity company GoPlus Foundation, the GPS token has a total supply of 10 billion units, of which 60.67% will be allocated to ecosystem/community growth, and 39.33% will be distributed to early contributors and private investors. Specifically:
60.67% for ecosystem & community growth:
- Community & Development (24.67%): Used as rewards to incentivize community participation.
- Ecosystem Growth (10%): To drive network adoption and improve security services.
- Marketing & Growth (6%): To support ecosystem expansion and market development.
- Airdrop (10%): Rewards for early users and active contributors to the project.
- Liquidity (7%): To ensure market stability and transaction efficiency.
- Advisors (3%): To support strategic guidance and ecosystem development.
39.33% for the development team and investment funds:
- Team (20%): Allocated to the GoPlus development team since 2021, with a 1-year token lockup from TGE, then gradually released monthly over 3 years, totaling 8 years to receive the full token allocation.
- Investment Funds (19.33%): Supporting the project from the early stage, with a similar token release schedule as the team, with detailed terms to be disclosed in the upcoming whitepaper.
The GPS token is the core of the GoPlus security system, providing all aspects of the protocol, including:
Security service fees: Individual users/businesses pay GPS fees when using GoPlus services, including security, liquidity management, and the SafeToken protocol.
Staking: Contributors to the ecosystem must stake GPS to become nodes computing security services or security data providers, and receive rewards for their contributions.
Security transaction fees.
GoPlus Security positions itself as a decentralized security network, building a permissionless, modular security layer designed to integrate with any blockchain network, to help developers improve security and protect users from cyber threats.
GoPlus has been operating since 2020, processing over 30 million security detection requests, protecting assets worth tens of billions of dollars across more than 30 blockchains, and serving over 10,000 projects and developers.
The GPS token TGE event is just the beginning of a new era for GoPlus Security, with advanced security features and more exciting announcements to come in the near future.
Details on the airdrop criteria will be announced on January 15, ahead of the scheduled GPS token listing on the Bybit Spot trading platform at 5:00 PM Vietnam time on January 16, 2025.
📣 $GPS is coming soon to the #BybitSpot trading platform with @GoPlusSecurity
— Bybit (@Bybit_Official) January 13, 2025
Listing time: Jan 16, 2025, 10AM UTC. Deposits and withdrawals will be available via the Binance Smart Chain Network.#TheCryptoArk #BybitListing pic.twitter.com/ruf1f3x1at
Compiled by Coin68
