$GCR Tokenomics

$GCR Token Allocation

$GCR Tokenomics:
Supply: 10,000,000 $GCR
Contract Address: 0x6307b25a665efc992ec1c1bc403c38f3ddd7c661

The GCR token holds no inherent value. It will launch with the sole use case of being used for governance.

There will be a total supply of 10 million GCR tokens with the following distribution:

  1. Community treasury: 70% that is allocated across initial airdrop distribution, research pool program, and community treasury
    1. Past GCR readers from the last 4 years (more detail to come): 3%
    2. GCR Discord group airdrop: 3%
    3. Research Pool (Past Media Mining): 15%
    4. Community incentives (partner airdrops, social media campaigns, community writing bounties): 49%
  2. Team (current and future): 20% to current team and advisors, and another 10% is allocated to future team

Seed Club will receive a 3% allocation of the community treasury due to GCR being a part of the second social token cohort. The Seed Club allocations will be subject to a the same schedule as the community treasury.

Token Vesting Schedule

40% of the total token supply is available starting today, with the remaining tokens 60% unlocked after one year, and vested for a period of 3 years in line with the schedule below.

  • Year 0 (February 2021): 40% of the tokens vested or 4 million tokens
  • Year 1 (February 2022): 30% of the treasury tokens vested or 3 million tokens
  • Year 2 (February 2023): 20% of the treasury tokens vested or 2 million tokens
  • Year 3 (February 2024): 10% of the treasury tokens vested or 1 million tokens

Community Treasury

70% of all GCR tokens have been allocated to a community treasury. The community treasury is held in a multi-sig to be distributed at the community’s choosing. The above token vesting schedule applies to the community treasury. Treasury tokens are used at the discretion of the community, and may be allocated to any and all programs that add value to the ecosystem.

Team and Advisor Allocation

30% of the total GCR supply will be allocated to GCR team and advisors. These tokens will be vested linearly over a period of 4 years on the same schedule as the community treasury.

What Else Can I Do with My $GCR?

  1. Governance– The main purpose of $GCR is to be used to govern our entire ecosystem including the publishing platform, treasury, and operations.
  2. Membership– holders of $GCR can access our exclusive $GCR community events in Discord- including the most up-to-date research and analysis in the group, founder access, and ongoing direct deal flow.