GMT team launches BurnGMT.com website, users can vote on token burning

Odaily News The GMT team recently launched the BurnGMT.com website. It is reported that users can vote on the platform to burn more than 600 million GMTs held by consultants, investors and even the team. According to people familiar with the matter, the GMT to be burned is obtained by the team through the repurchase of shares held by early investors and consultants, and the repurchase funds may reach 100 million US dollars. If the burn is completed, GMT may become the first Binance Launchpad token to achieve full circulation. The GMT team is a company that develops Web3 products such as STEPN and STEPN GO. Some industry insiders expect that it may introduce gamification and game elements into the GMT burning rules.