GMT
Current price
$0.00761
−5.23%24h
LiveUpdated 23s ago
TodayGMT drops 5.2%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours−5.23%
- 7 days−5.35%
- 30 days+3.19%
- 1 year−72.76%
GMT's move in context
Lagging the market today
−5.23% today against −3.24% for the market as a whole, a gap of 2.0 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−5.3% over 7 days and +3.2% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About GMT
Overview
GMT, or Green Metaverse Token, is a cryptocurrency designed to promote sustainability within the metaverse by rewarding users for engaging in environmentally friendly activities. Its core mission is to bridge the gap between digital innovation and ecological responsibility, allowing users to contribute to a sustainable future while participating in the digital economy. The distinguishing feature of GMT is its integration with a variety of eco-centric applications that aim to incentivize green behavior, such as virtual land development for renewable energy projects and support for carbon offset initiatives.
Technical Features
GMT utilizes a proof-of-stake (PoS) consensus mechanism, which significantly reduces energy consumption compared to traditional proof-of-work systems. This makes it not only more efficient but also more environmentally friendly. Additionally, GMT's security model includes multi-layer encryption and decentralized validation processes, ensuring robust protection against fraud and cyberattacks. The network architecture is designed for scalability, allowing it to handle a high volume of transactions per second while maintaining low fees. Furthermore, GMT employs unique algorithms optimized for energy efficiency, making it a suitable choice for eco-conscious developers and users alike.
Use Cases
The primary use cases of GMT lie within the realms of decentralized finance (DeFi) and green initiatives. Beyond serving as a medium of exchange within the ecosystem, users of GMT can stake their tokens to earn rewards while participating in governance decisions regarding the allocation of funds for eco-friendly projects. Additionally, GMT is utilized in non-fungible tokens (NFTs) that represent ownership of unique digital assets tied to environmental efforts, such as virtual arts that promote climate awareness. The token can also facilitate cross-border payments, providing a low-cost alternative to traditional remittance systems while ensuring funds contribute to sustainability efforts.
Development Background
GMT was developed by a team of blockchain enthusiasts and environmentalists who recognized the need for a cryptocurrency that directly addressed ecological challenges. Launched in 2021, it gained support from various organizations dedicated to promoting sustainability in technology. Notable contributors include eco-tech companies and environmental NGOs that have helped build and promote the GMT ecosystem. Since its inception, GMT has witnessed significant milestones, including partnerships with philanthropic organizations and participation in global climate initiatives aimed at raising awareness about environmental issues.
Community and Ecosystem
The GMT ecosystem is supported by a vibrant community of developers, users, and advocates for sustainability. The project fosters an inclusive environment where individuals can collaborate, share ideas, and work towards common goals. Several partnerships exist with established tech companies and environmental organizations, amplifying the reach of GMT and enhancing its utility. As a result, numerous applications and projects have been built around GMT, including eco-gaming platforms and digital marketplaces that prioritize green practices, enhancing the overall engagement of the community.
Future Potential
The future potential of GMT is promising, especially given its commitment to sustainability and environmental responsibility. As more individuals and organizations embrace eco-friendly practices, GMT’s technology and use cases can significantly impact the evolving landscape of digital currencies. Upcoming features on its roadmap include enhancing interoperability with other blockchain networks, launching educational programs for green initiatives, and expanding its portfolio of projects that utilize the token to drive positive environmental actions. This strategic direction positions GMT as a key player in the intersection of cryptocurrency innovation and ecological sustainability.
GMT market
- Position by market cap among the coins we track.
- #264
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $36.41M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.00747High $0.00812
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $4.11
- Now 0% of itReached 28 Apr 2022 · Needs +53,908% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 4.78B GMT
- 80% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 5.07B GMT
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 6B GMT
- The most coins that can ever exist. Some coins have no limit.
GMT converter
1 GMT = $0.00761
