{"id":"gmt","version":1,"language":"en","title":"GMT","hidden":false,"content":"**The Green Metaverse Token (GMT)** is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) token based on the [Solana](https://iq.wiki/wiki/solana) [blockchain](https://iq.wiki/wiki/blockchain). It is a native Find Satoshi Labs (FSL) ecosystem token and the [governance token](https://iq.wiki/wiki/governance-tokens) of [STEPN](https://iq.wiki/wiki/stepn), a [Web3](https://iq.wiki/wiki/web3) lifestyle [dApp](https://iq.wiki/wiki/decentralized-application). [\\[1\\]](#cite-id-ofrawbjel6)  \n  \n# Overview  \n  \nGreen Metaverse Token (GMT) is the [governance token](https://iq.wiki/wiki/governance-tokens) for [STEPN](https://iq.wiki/wiki/stepn), with a fixed supply of 6 billion tokens. Unlike [GST](https://iq.wiki/wiki/stepn), GMT is deflationary, with its total issuance halving every three years. Thirty percent of GMT will be distributed through Move-to-Earn (M2E) and governance participation. [\\[8\\]](#cite-id-43ggnozwrwa)  \n  \n# Find Satoshi Labs (FSL)  \n  \n![FSL_Logo.jpg](https://ipfs.everipedia.org/ipfs/QmfY3YNRTr2gbySPi6r7pU2p4oHNjuZE9rqxDSwmBjw487)  \nFind Satoshi Labs (FSL) is a growing [Web3](https://iq.wiki/wiki/web3) product development studio that creates various user-centric [Web3](https://iq.wiki/wiki/web3) products. FSL was established in August 2021 by [Yawn Rong](https://iq.wiki/wiki/yawn-rong), an Australian [blockchain](https://iq.wiki/wiki/blockchain) entrepreneur. [Rong](https://iq.wiki/wiki/yawn-rong) co-founded [STEPN](https://iq.wiki/wiki/stepn) with his neighbor Jerry Huang, a game developer and former founder of Falafel Games. Their offerings include [STEPN](https://iq.wiki/wiki/stepn), STEPN GO, MOOAR, GAS HERO, and DOOAR, focusing on advancing the global adoption of [Web3](https://iq.wiki/wiki/web3) technology. [\\[1\\]](#cite-id-ofrawbjel6)[\\[2\\]](#cite-id-vq94bivqjal)  \n  \n* **STEPN** is a [Web3](https://iq.wiki/wiki/web3) app that integrates Game-Fi and Social-Fi elements to motivate users to walk, jog, or run outdoors while wearing [NFT](https://iq.wiki/wiki/non-fungible-token-nft) Sneakers. As users engage in these activities, they earn tokens and mystery boxes. The app aims to encourage a healthier lifestyle, raise awareness of climate change, and introduce users to [Web3](https://iq.wiki/wiki/web3) technology. [\\[3\\]](#cite-id-zrsh9ghasea)  \n* **STEPN GO** is an extension of [STEPN](https://iq.wiki/wiki/stepn) that integrates social fitness into daily routines. Users can buy, borrow, or lend digital Sneakers to earn rewards for physical activity, which can be used for upgrades, withdrawals, or customization of their online profiles, promoting exercise and social interaction. [\\[4\\]](#cite-id-s2v6snq7bxn)  \n* **MOOAR** is a multi-chain [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplace incorporating gamification to make trading more engaging. Users can earn MOOAR Boxes by trading and gaining experience points (XP). These boxes contain shards, which can unlock Bluechip [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) or be traded with others. Members of MOOAR+ have access to extra features and an enhanced experience. [\\[5\\]](#cite-id-5durdq43vi)  \n* **GAS HERO** is a [Web3](https://iq.wiki/wiki/web3) strategy game utilizing GMT, the FSL ecosystem coin, and social features. Players can use customizable Hero [NFTs](https://iq.wiki/wiki/non-fungible-token-nft), which include weapons and pets, to embark on quests and earn in-game items. The game involves competing for resources, recognition, and influence. [\\[6\\]](#cite-id-vx45ui479i)  \n* **DOOAR** is a platform that facilitates [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) trading within the FSL ecosystem using [smart contract](https://iq.wiki/wiki/smart-contract) technology, eliminating the need for third-party custodians. It charges a 1% [trade fee](https://iq.wiki/wiki/trading-fee), which is used to support and grow the FSL ecosystem. [\\[7\\]](#cite-id-6fl86pajwfo)  \n  \n# Tokenomics  \n  \nGMT is the [governance token](https://iq.wiki/wiki/governance-tokens) of the FSL ecosystem. It has a total supply of 6B tokens and has the following distribution: [\\[1\\]](#cite-id-ofrawbjel6)  \n  \n* **Move and Earn**: 30%  \n* **Ecosystem/Treasury**: 30%  \n* **Private Sale**: 16.3%  \n* **Team**: 14.2%  \n* **Binance Launchpad Sale**: 7%  \n* **Advisors**: 2.5%  \n  \n![GMT.png](https://ipfs.everipedia.org/ipfs/QmTF6jpNPBqpdJHdaoouQMNizNHNpF57xa88GgonkS7v1f)","summary":"Green Metaverse Token (GMT) is a deflationary governance token for STEPN, built on the Solana blockchain, with a fixed supply of 6 billion tokens.","categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"promoted":0,"tags":[{"id":"Collections"},{"id":"Games"},{"id":"Solana"},{"id":"Online"}],"metadata":[{"id":"references","value":"[{\"id\":\"ofrawbjel6\",\"url\":\"https://coinmarketcap.com/currencies/green-metaverse-token/\",\"description\":\"GMT | CoinMarketCap\",\"timestamp\":1723830992376},{\"id\":\"vq94bivqjal\",\"url\":\"https://fsl.com/#about\",\"description\":\"About | FSL\",\"timestamp\":1723831024322},{\"id\":\"zrsh9ghasea\",\"url\":\"https://og.stepn.com/\",\"description\":\"STEP'N website\",\"timestamp\":1723831206055},{\"id\":\"s2v6snq7bxn\",\"url\":\"https://go.stepn.com/\",\"description\":\"STEPN GO website\",\"timestamp\":1723831398423},{\"id\":\"5durdq43vi\",\"url\":\"https://mooar.com/\",\"description\":\"MOOAR website\",\"timestamp\":1723831414595},{\"id\":\"vx45ui479i\",\"url\":\"https://gashero.com/\",\"description\":\"Gas Hero\",\"timestamp\":1723831453914},{\"id\":\"6fl86pajwfo\",\"url\":\"https://beta.dooar.com/swap?inputCurrency=ETH&outputCurrency=\",\"description\":\"DOOAR\",\"timestamp\":1723831473727},{\"id\":\"43ggnozwrwa\",\"url\":\"https://stepnofficial.medium.com/tokeonomics-at-stepn-ee08604e82f1\",\"description\":\"Tokenomics | STEPN Medium\",\"timestamp\":1724181236218}]"},{"id":"website","value":"https://stepn.com/"},{"id":"contract_url","value":"https://explorer.solana.com/address/7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx"},{"id":"twitter_profile","value":"https://x.com/fslweb3"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/fslweb3"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/green-metaverse-token/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/stepn"},{"id":"etherscan_profile","value":"https://etherscan.io/token/0xe3c408bd53c31c085a1746af401a4042954ff740"},{"id":"bscscan_profile","value":"https://bscscan.com/token/0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1"},{"id":"solscan_profile","value":"https://solscan.io/token/7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx"},{"id":"previous_cid","value":"QmYmq9wrdj8qVx4ZfKZXxQMdBvVUvYDYZvXx92Ei1mWXjW"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0xcb3f950550339198c6b6bd369b4650ee7e5abddd","profile":{"username":"poquito","avatar":"QmZ9yQH2ULBhk3emyjnHNbNdFGiscS36YKutcY2VynqUM7"}},"media":[{"name":"chart_maker_pro_1716809954208.jpg","id":"QmVJ1oQsBmnzUwQsV5NvAZkHoDGCovQmEEzLoXXJTjBApv","size":"0.11","type":"GALLERY","source":"IPFS_IMG"},{"name":"FSL_Logo.jpg","id":"QmfY3YNRTr2gbySPi6r7pU2p4oHNjuZE9rqxDSwmBjw487","size":"0.01","type":"GALLERY","source":"IPFS_IMG"},{"name":"GMT.png","id":"QmTF6jpNPBqpdJHdaoouQMNizNHNpF57xa88GgonkS7v1f","size":"0.07","type":"GALLERY","source":"IPFS_IMG"}],"views":88,"events":[],"linkedWikis":{"founders":["yawn-rong"],"blockchains":[]},"founderWikis":[{"id":"yawn-rong","title":"Yawn Rong"}],"blockchainWikis":[],"ipfs":"QmYmq9wrdj8qVx4ZfKZXxQMdBvVUvYDYZvXx92Ei1mWXjW","transactionHash":"0x178a0f86d150df5a698bd00eba6513f971c3215aa9d4b3a658ffa0cb99a2a256","created":"2024-05-27T12:31:16.040Z","updated":"2024-08-22T13:17:55.485Z","images":[{"id":"QmS8aExqQEJz2cj4o8NA71ii5PkBx9obuJgDEEDCVZFjV6","type":"image/jpeg, image/png"}]}