In this article, I am going to write about the Initial Exchange Offering (IEO) of Gate.io, GoWithMi (GMAT).
What is GoWithMi (GMAT)?
“GoWithMi (GMAT) aims to create a distributed map network for everyone’s benefits and supports multi-chain.
There are some disadvantages of the existing infrastructure that is operated by Google such as central terminal monopoly, slow update, poor privacy protection, and no profit sharing.
GoWithMi collaborates with global users to build a new infrastructure that aims to provide a complete trusted geospatial value exchange service.
“GoWithMi aims to build the world’s first end-to-end decentralized location-based service ecosystem that does not rely on any central authority.”
- In a few years, the project aims to be the largest location based service platform for the global blockchain.
- To reach 100 billion USD marketcap in a few years.
- To exceed 10 million users.
Token Symbol: GMAT
Total Supply: 14,900,000,000
Seed Sale Amount: 894,000,000 (6% of total supply)
Seed Sale Price: 1 GMAT=0.003636
Private Sale Amount: 745,000,000 (5% of total supply)
Private Sale Price: 1 GMAT=0.004615 USDT
Pre Sale Amount: 149,000,000 (1% of total supply)
Pre Sale Price: 1 GMAT=0.005455 USDT
Initial Circ. Supply: 2,428,700,000
Startup Supply: 1,490,000,000 (10% of total supply)
Startup Price (IEO Price): 0.0015 USDT (Tether)
Startup Sale Goal (Hard Cap): 2,235,000 USDT
Lock-up and Release
Seed Round Lock Up:
19 months lock up period. Initial unlocks 5%, released 5% one month after exchange listing, released 15% every 3 months thereafter.
Private Round Lock up:
6 months lock up period. Initial unlocks 10%, released 15% one week after exchange listing, released 25% every 2 months thereafter.
Pre Sale Round Lock up:
No initial unlock. 12 months after exchange listing, the board of directors formulates the release rules.
Team and Early Investors:
No initial unlock, release 10% six months after exchange listing and 15% every 6 months thereafter.
Initially unlock this part 30%, release 10% every season after exchange listing.
How to Buy GMAT?
First, you should register on Gate.io.
After logging in, complete user identity verification and make sure you have enough balance of supported currency for the sale.
Gate io. Previous IEOs
You can check all of them from this link.