GAC (GAC Finance) project introduction

04/01 14:00

1、 Project brie

GAC finance s a cross chain asset exchange protocol based on Polkadot blockchain.

2、 Project introduction

GAC finance is a decentralized Finance (defi) project based on Polkadot blockchain. GAC finance, combined with Polkadot's cross

 chain technology, aims to provide solutions to the existing decentralized financial ecosystem to solve the problems of insufficient liquidity 

and the creation of defi assets.

The ain members of the team have rich experience in blockchain industry, have more than three years of industry experience, 

and have participated in the establishment and operation of the top consulting company in the industry, such as layer1 protocol, 

GAC and decentralized trading platform (DEX).

Our core technology partner wizspace is the founder of the trade union of South Korea and the founder of dexeos, 

the world's first decentralized trading platform based on EOS, which integrates technology advantages and user base into GAC finance.

GAC finance has now obtained strategic investment from the world's leading encryption investment funds such as NGC, GBIC and alphabit.

3、 Token distribution

Public offering: 0.21%

Seed wheel & private placement: 10.7%

Team: 13%

Foundation: 12%

Parallel chain auction: 10%

Ecosystem development: 18%

Liquidity incentive: 36.09%

4、 Token information and release plan

Total issue: 1000000000 GAC (updated on 2021/04/01)

Circulation: 4.97% at initial listing (updated on 2021/04/01)

Private price: seed wheel $0.06, strategic round $0.08, private sale $0.10

Public offering price: cobak token sales $0.12, blockzone MTO $0.15

Lock up plan and unlocking plan:

Blockzone MTO (0.13%): unlocked

Cobak token sales (0.08%): 50% unlocked, the rest 50% will be unlocked in 3 months

Seed sales (2.5%): 4% will be unlocked on initial market. Six months after the first listing, the rest will unlock on average monthly in 11 months.

Strategic sales (6%): 7% will be unlocked on initial launch. After three months of IPO, the rest will unlock on average monthly in 11 months.

Private placement (2.2%): unlocking is required every month for 12 months since the initial listing.

Team (13%): 8% will be unlocked in the first listing. After five months of IPO, the rest of the quarter will unlock on average within 48 months.

Foundation (12%): will be unlocked within 5 months after the first listing. The rest will be unlocked on average quarterly in 48 months.

Parallel chain slot auction (10%): will be unlocked within 5 months after the first listing. The rest will be unlocked on average quarterly in 48 months.

Ecosystem development (18%): 16.94% will be unlocked for the first time and 2.78% in six months. 

Four months after the second distribution, the rest of the quarters will unlock an average of 48 months per quarter.

Liquidity incentive (36.09%): immediately after product launch

Note: the project brief is from the information released or provided by the official project team, which may be outdated,

 wrong or omitted. The relevant contents are for reference only and do not constitute investment suggestions. 

Bicoindc global will not bear any direct or indirect losses arising from relying on such information.