🧊Tokenomics

Total Supply

GSI Coin has a fixed and finite total supply of 50,000,000,000 coins. This predetermined supply is set to ensure scarcity and value, adhering to a fundamental principle of cryptocurrency that contrasts with the unlimited printing of fiat currencies.

Distribution Schedule

The GSI Coin distribution is planned to occur systematically over a period of 10 years. This strategy is designed to facilitate a gradual and sustainable introduction of coins into the market, avoiding sudden influxes that could potentially destabilize the ecosystem.

Distribution Allocation

For each annual distribution of 5,000,000,000 GSI Coins:

50% (2,500,000,000 GSI Coins) are allocated to GarageSaleIt. These funds may be used for various purposes, such as further development of the platform, marketing, partnerships, operational costs, and potential future expansions.

50% (2,500,000,000 GSI Coins) are shared equally amongst Master Node owners. This incentivizes the maintenance and creation of Master Nodes, which are essential for the stability, security, and efficiency of the GSI Coin network.

Rewarding Node Owners

The equal distribution of 50% of the annual coin issuance to Master Node owners is designed to reward the community members who are supporting the network. This strategy not only incentivizes users to run Master Nodes but also ensures that the individuals who are supporting the network are fairly compensated for their efforts and commitment.

Sustainable Growth

By setting out a defined schedule and transparent allocation strategy for GSI Coin distribution, we aim to foster sustainable and responsible growth. This approach seeks to balance the interests of the company, Master Node owners, and the broader user community, ensuring that the GSI Coin ecosystem remains robust and equitable.

Overall

The GSI Coin tokenomics are designed with long-term sustainability and community reward in mind. The fixed supply, gradual distribution plan, and equitable allocation of coins are foundational elements that reflect the project's commitment to fairness, transparency, and strategic growth. By carefully structuring the release and distribution of GSI Coins, we aim to create a thriving, secure, and prosperous ecosystem for all participants.