As you know, the NFT holder game now has different multipliers.
So that you don't miss out on the rounds with especially large multipliers, our developers have added special push notifications. They will notify you every time there's an opportunity to receive a reward increased by 32, 64, 128, and 256 times.
As of the time of writing, there have already been eight such rounds. Seven times the pools closed with a 32 multiplier and once with a 64 multiplier.
Be one of those who takes home the largest rewards.
Switch to Pool Mining mode and compete with other clans for BTC.
So that you don't miss out on the rounds with especially large multipliers, our developers have added special push notifications. They will notify you every time there's an opportunity to receive a reward increased by 32, 64, 128, and 256 times.
As of the time of writing, there have already been eight such rounds. Seven times the pools closed with a 32 multiplier and once with a 64 multiplier.
Be one of those who takes home the largest rewards.
Switch to Pool Mining mode and compete with other clans for BTC.
🔥6
We'd like to take a moment to remind you about one of the coolest features available to our users absolutely free.
If you have not yet purchased any NFT from The Greedy Machines collection, you have the chance to test one out for two weeks.
During this time you will be able to compete against other users, get acquainted with all the features and advantages of owning our NFT, and even accumulate rewards that will be credited to your wallet by buying real crypto art from GMT.
But the most important benefit of the trial period is our early redemption program. If you purchase Greedy Machines before the end of the two weeks allotted, then you will be given a 100% discount on C1 and C2 all the remaining days of the trial period.
Don't forget that the payment of maintenance makes up the lion's share of deductions, so such a large discount can increase your income 5-6 fold, depending on the digital miner you choose.
Take advantage of the trial period and tell your friends about it. You can take part in the offer after registering on the website under the NFT Game tab.
Let's earn BTC and build a mining empire together.
If you have not yet purchased any NFT from The Greedy Machines collection, you have the chance to test one out for two weeks.
During this time you will be able to compete against other users, get acquainted with all the features and advantages of owning our NFT, and even accumulate rewards that will be credited to your wallet by buying real crypto art from GMT.
But the most important benefit of the trial period is our early redemption program. If you purchase Greedy Machines before the end of the two weeks allotted, then you will be given a 100% discount on C1 and C2 all the remaining days of the trial period.
Don't forget that the payment of maintenance makes up the lion's share of deductions, so such a large discount can increase your income 5-6 fold, depending on the digital miner you choose.
Take advantage of the trial period and tell your friends about it. You can take part in the offer after registering on the website under the NFT Game tab.
Let's earn BTC and build a mining empire together.
🔥6
This media is not supported in your browser
VIEW IN TELEGRAM
You can look at 3 things endlessly: how a fire burns, how water flows, and how GMT products bring their holders profits.
And soon we'll be adding new functionality that will provide users with another opportunity to earn with our company. It concerns GMT tokens and will appear closer to the end of the week.
Intrigued?
Stay tuned, we'll provide details immediately after the release.
And soon we'll be adding new functionality that will provide users with another opportunity to earn with our company. It concerns GMT tokens and will appear closer to the end of the week.
Intrigued?
Stay tuned, we'll provide details immediately after the release.
🔥12❤3
Pool info and other updates are already waiting for you.
We'd like to tell you about the most notable and important innovations that our developers added a few hours ago.
Follow the link https://account.gmt.io/nft to evaluate them.
The NFT Game page is now located in the main menu under the NFT Marketplace. If you go into it, you will see that the Rewards game tab is now called Rounds. The main purpose of this page is to show the history of closed rounds.
A new NFT Dashboard page has appeared in the My NFT section. On it you will find detailed statistics on daily payments for NFT, which are also combined into a single amount per day. Now it will be very easy for you to estimate the difference in the number of BTC mined. This will be especially convenient for large pools that close more than 20 blocks per day.
Instead of the My Pool game tab, a new page with the same name has appeared.
The statistics that can be found there include:
▪️Total Rewards - the amount of payments to the pool for all time;
▪️My Rewards - the amount of payments to a user over the entire period they've participated in the pool;
▪️The main indicators of success - rating, luck of the pool, the number of clicks made and closed blocks. All monthly indicators can be expanded and viewed;
▪️Schedule of pool payments, personal payments, and pool ownership rewards (only for clan owners);
▪️A table with closed pool rounds;
▪️Owners of clans with 5 or more members can now view the total amount of additional payments and daily payments for pool ownership. And via this information concerning sharing, the creators of clans can monitor the number of participants needed to receive additional profit.
More statistics means better results. We hope that these updates will help you build better game strategies and become stronger.
We'd like to tell you about the most notable and important innovations that our developers added a few hours ago.
Follow the link https://account.gmt.io/nft to evaluate them.
The NFT Game page is now located in the main menu under the NFT Marketplace. If you go into it, you will see that the Rewards game tab is now called Rounds. The main purpose of this page is to show the history of closed rounds.
A new NFT Dashboard page has appeared in the My NFT section. On it you will find detailed statistics on daily payments for NFT, which are also combined into a single amount per day. Now it will be very easy for you to estimate the difference in the number of BTC mined. This will be especially convenient for large pools that close more than 20 blocks per day.
Instead of the My Pool game tab, a new page with the same name has appeared.
The statistics that can be found there include:
▪️Total Rewards - the amount of payments to the pool for all time;
▪️My Rewards - the amount of payments to a user over the entire period they've participated in the pool;
▪️The main indicators of success - rating, luck of the pool, the number of clicks made and closed blocks. All monthly indicators can be expanded and viewed;
▪️Schedule of pool payments, personal payments, and pool ownership rewards (only for clan owners);
▪️A table with closed pool rounds;
▪️Owners of clans with 5 or more members can now view the total amount of additional payments and daily payments for pool ownership. And via this information concerning sharing, the creators of clans can monitor the number of participants needed to receive additional profit.
More statistics means better results. We hope that these updates will help you build better game strategies and become stronger.
🔥7👍1
As you know, our NFT game algorithms are written so that everyone has a chance to win.
Yet, a quick look at the statistics clearly shows that certain pools most often win.
To date, the leaderboard looks like this: the Mining Corp pool is in first place, second place is occupied by a clan called ArcticMonkeys, and DmzPool is gaining on them. These are the largest and most powerful clans, so it's much easier for them to close blocks.
To help other clans win more often, we have written some simple instructions. We suggest you put these points into practice. You'll definitely see a positive dynamic.
1. Make the pool public
If you're the pool creator, check the settings. Newcomers are more often added to public pools, meaning that such clans have more chances of becoming bigger and stronger.
2. Unite
The total capacity of the pool in third place is more than 4,600 TH. In order to be competitive, we advise the remaining mini-pools to merge into one or more larger units. Then your chances of winning will increase significantly.
3. Recruit active players to the pool
Bring good clickers into the team. Take a look at the General Chat to find them. Data on the most active participants is published there.
4. Accept team members from different time zones
It's difficult to do, but it's still possible. The logic is simple: in short rounds, small pools have a higher chance of winning, but for this you need manual clicks. If one part of the team is active in the first half of the day, and the other in the second, you will have more chances of "catching" a short round and closing this block.
5. Increase capacity
Everything is simple here. The greater the total power of your clan, the higher the chances that your pool will close the block. Buy new NFTs, develop your mining empire, and snag the victory for yourself.
Yet, a quick look at the statistics clearly shows that certain pools most often win.
To date, the leaderboard looks like this: the Mining Corp pool is in first place, second place is occupied by a clan called ArcticMonkeys, and DmzPool is gaining on them. These are the largest and most powerful clans, so it's much easier for them to close blocks.
To help other clans win more often, we have written some simple instructions. We suggest you put these points into practice. You'll definitely see a positive dynamic.
1. Make the pool public
If you're the pool creator, check the settings. Newcomers are more often added to public pools, meaning that such clans have more chances of becoming bigger and stronger.
2. Unite
The total capacity of the pool in third place is more than 4,600 TH. In order to be competitive, we advise the remaining mini-pools to merge into one or more larger units. Then your chances of winning will increase significantly.
3. Recruit active players to the pool
Bring good clickers into the team. Take a look at the General Chat to find them. Data on the most active participants is published there.
4. Accept team members from different time zones
It's difficult to do, but it's still possible. The logic is simple: in short rounds, small pools have a higher chance of winning, but for this you need manual clicks. If one part of the team is active in the first half of the day, and the other in the second, you will have more chances of "catching" a short round and closing this block.
5. Increase capacity
Everything is simple here. The greater the total power of your clan, the higher the chances that your pool will close the block. Buy new NFTs, develop your mining empire, and snag the victory for yourself.
👍7
We remind you that some of our NFTs from The Greedy Machines VOL_2 collection are now available for purchase on Binance.
These digital miners are marked with a special icon on our marketplace. If you want to purchase such NFTs, follow these simple instructions:
1) Log in to your account on the website;
2) Enter "The Greedy Machines" in the search bar and select our collection from the drop-down list;
3) Select the NFT you like and click Buy Now;
4) Select a wallet for payment and confirm the purchase;
5) To withdraw NFT to your personal wallet, select My NFT in the account section;
6) In the window that opens, click the Withdraw button;
7) Select the NFTs you want to take and click the Confirm button;
8) Add a wallet for withdrawal using the Add a Wallet button;
9) Connect your MetaMask or other wallet via WalletConnect;
10) After successful connection, click the Withdraw button.
Great, NFT from GMT is now in your wallet.
These digital miners are marked with a special icon on our marketplace. If you want to purchase such NFTs, follow these simple instructions:
1) Log in to your account on the website;
2) Enter "The Greedy Machines" in the search bar and select our collection from the drop-down list;
3) Select the NFT you like and click Buy Now;
4) Select a wallet for payment and confirm the purchase;
5) To withdraw NFT to your personal wallet, select My NFT in the account section;
6) In the window that opens, click the Withdraw button;
7) Select the NFTs you want to take and click the Confirm button;
8) Add a wallet for withdrawal using the Add a Wallet button;
9) Connect your MetaMask or other wallet via WalletConnect;
10) After successful connection, click the Withdraw button.
Great, NFT from GMT is now in your wallet.
👍8
At the end of the work week it's customary to look back and take stock. That's what we're going to do today.
One of the indicators of the success of a project is the number of those holding what it produces. And we're proud to announce that the number of users choosing our company is constantly growing.
Of course, token indicators may be considered the most obvious. Almost 19,000 people have it on their crypto wallets, make transactions, pay for goods and services in GMT, and receive rewards.
Users choose our token because it is a reliable product whose functions are constantly expanding.
And we assure you that we will continue to develop GMT Token to make it one of the best of the best.
One of the indicators of the success of a project is the number of those holding what it produces. And we're proud to announce that the number of users choosing our company is constantly growing.
Of course, token indicators may be considered the most obvious. Almost 19,000 people have it on their crypto wallets, make transactions, pay for goods and services in GMT, and receive rewards.
Users choose our token because it is a reliable product whose functions are constantly expanding.
And we assure you that we will continue to develop GMT Token to make it one of the best of the best.
🔥13
Not so long ago we told you about the appearance of the NFT Dashboard page in the My NFT section, with many of you probably noticing a new indicator called Mean Efficiency there.
Mean efficiency is what we use when determining C1 (fees for electricity) for holders.
Below is an example explaining how this indicator is obtained.
Let's say you have two NFTs.
One of them has a power of 2 TH/s and an energy efficiency of 50 W/TH. The second has a power of 128 TH/s and an energy efficiency of 25 W/TH.
To get the average energy efficiency of your NFTs, you need to add 50 and 25, and then divide them by 2.
You get 37.5 W/TH, which actually doesn't reflect reality because the weight of the second NFT is much larger.
That's why Mean Efficiency is necessary.
In this case, the calculations will look like this: (2*50 + 128*25)/(2+128) = 25.38 W/TH
Knowing and seeing your Mean Efficiency indicator, it will be easier for you to understand how many watts your NFTs will require on average.
Mean efficiency is what we use when determining C1 (fees for electricity) for holders.
Below is an example explaining how this indicator is obtained.
Let's say you have two NFTs.
One of them has a power of 2 TH/s and an energy efficiency of 50 W/TH. The second has a power of 128 TH/s and an energy efficiency of 25 W/TH.
To get the average energy efficiency of your NFTs, you need to add 50 and 25, and then divide them by 2.
You get 37.5 W/TH, which actually doesn't reflect reality because the weight of the second NFT is much larger.
That's why Mean Efficiency is necessary.
In this case, the calculations will look like this: (2*50 + 128*25)/(2+128) = 25.38 W/TH
Knowing and seeing your Mean Efficiency indicator, it will be easier for you to understand how many watts your NFTs will require on average.
🔥9❤3
Starting today, we'll be punishing auto-click fraud more severely.
As you know, we have previously banned those who tried to "wind up" indicators with the help of special programs. Now our system has learned not only to recognize the most popular cheating strategies, but also to find those trying to circumvent the rules more discreetly than others.
As before, the ban will last exactly one day and will be removed automatically. When blocked, no rewards will be awarded to the player even if their pool wins.
Remember: honesty is the best strategy.
And if you think that you have been unfairly banned, contact our support service.
As you know, we have previously banned those who tried to "wind up" indicators with the help of special programs. Now our system has learned not only to recognize the most popular cheating strategies, but also to find those trying to circumvent the rules more discreetly than others.
As before, the ban will last exactly one day and will be removed automatically. When blocked, no rewards will be awarded to the player even if their pool wins.
Remember: honesty is the best strategy.
And if you think that you have been unfairly banned, contact our support service.
🔥10👍1
There are several reasons why NFT holders choose Pool Mining mode.
A simple and exciting game, the opportunity to unite and compete together, but the most important thing is, of course, the rewards of the pools for the blocks obtained.
In the short time since the launch of the NFT game, our users have already received 6.15 BTC, of which 2.44 BTC were earned by clans thanks to multipliers. The source of this bonus fund was our marketing budget.
We will continue to delight you with multipliers, but we draw your attention to the fact that depending on the company's promotional activities and the season, the chance of such "x's" will be different.
Thanks to the promo in honor of the start of the game, to date the mathematical expectation of the multiplier has tended to favor 2x.
Now this figure will be dynamic, meaning that you'll also see rounds where you can increase your winnings by 2/4/8/16/32/64/128 and 256 times, but the frequency of these multipliers will vary.
We will inform you in advance about upcoming promotions and important events for the company. In the meantime, we can give you a small hint: GMT's birthday is coming soon.
A simple and exciting game, the opportunity to unite and compete together, but the most important thing is, of course, the rewards of the pools for the blocks obtained.
In the short time since the launch of the NFT game, our users have already received 6.15 BTC, of which 2.44 BTC were earned by clans thanks to multipliers. The source of this bonus fund was our marketing budget.
We will continue to delight you with multipliers, but we draw your attention to the fact that depending on the company's promotional activities and the season, the chance of such "x's" will be different.
Thanks to the promo in honor of the start of the game, to date the mathematical expectation of the multiplier has tended to favor 2x.
Now this figure will be dynamic, meaning that you'll also see rounds where you can increase your winnings by 2/4/8/16/32/64/128 and 256 times, but the frequency of these multipliers will vary.
We will inform you in advance about upcoming promotions and important events for the company. In the meantime, we can give you a small hint: GMT's birthday is coming soon.
🔥11
One of the basic conditions behind our Pool Mining game is that everyone can win.
Of course, most often large pools take home the win, but keep in mind that the reward amount is directly proportional to the amount of computing power in the game. That is, without these clans, the payouts for the extracted blocks would be much lower.
A large hash rate, however, doesn't mean that the pool will always win. The last 2 days clearly prove that.
Right away 3 pools with zero or almost zero chance of winning snatched a win for themselves. Twice it was short rounds, and once the round lasted almost 19 minutes. However, the block still went to a mini-pool with a single participant.
The rewards for winning were 28,616, 29,216, and 63,512 Sat. You can check all this info, it's in the public domain: https://account.gmt.io/my-nft/rounds.
We've seen your dissatisfaction and doubts in the comments section and want to better understand what's bothering you.
Please take a minute or two to answer a number of questions, and we will try to find a solution.
Of course, most often large pools take home the win, but keep in mind that the reward amount is directly proportional to the amount of computing power in the game. That is, without these clans, the payouts for the extracted blocks would be much lower.
A large hash rate, however, doesn't mean that the pool will always win. The last 2 days clearly prove that.
Right away 3 pools with zero or almost zero chance of winning snatched a win for themselves. Twice it was short rounds, and once the round lasted almost 19 minutes. However, the block still went to a mini-pool with a single participant.
The rewards for winning were 28,616, 29,216, and 63,512 Sat. You can check all this info, it's in the public domain: https://account.gmt.io/my-nft/rounds.
We've seen your dissatisfaction and doubts in the comments section and want to better understand what's bothering you.
Please take a minute or two to answer a number of questions, and we will try to find a solution.
🔥10❤3👍3
🔥7
Which game mode have you chosen?
Anonymous Poll
52%
Pool Mining
31%
Solo Mining
18%
I was in Pool Mining, but changed to Solo
🔥7
If you play Pool Mining, what's behind your dissatisfaction?
Anonymous Poll
49%
The winners are mainly large pools
29%
We need to fight harder against the unfair use of auto-clickers
6%
Multipliers seem superfluous to me
23%
The game is incomprehensible
6%
Other (I will write in the comments)
👍4
Have you noticed the changes on the NFT Rewards page yet?
If you have chosen to pay for maintenance with GMT tokens, then the system will now prompt you when you need to top up your virtual wallet.
If you don't have enough tokens to pay, you'll see an exclamation mark next to the information about rewards.
Such a hint system is needed to help you save money because only this function gives 5% discounts on C1 (electricity fees) and C2 (equipment maintenance).
But don't forget about other features that reduce your deductions.
Discount level for the "Service" button. If you increase capacity and don't forget to "take care" of your mining empire every day, the maximum discount may be 14%.
More than $5,500 is how much NFT holders have managed to save from GMT thanks to our discount system. You can start saving too.
If you have chosen to pay for maintenance with GMT tokens, then the system will now prompt you when you need to top up your virtual wallet.
If you don't have enough tokens to pay, you'll see an exclamation mark next to the information about rewards.
Such a hint system is needed to help you save money because only this function gives 5% discounts on C1 (electricity fees) and C2 (equipment maintenance).
But don't forget about other features that reduce your deductions.
Discount level for the "Service" button. If you increase capacity and don't forget to "take care" of your mining empire every day, the maximum discount may be 14%.
More than $5,500 is how much NFT holders have managed to save from GMT thanks to our discount system. You can start saving too.
🔥10
We have repeatedly told you about why it's profitable to pay for NFT mining with GMT tokens, but we've never explained why it's necessary.
New people are constantly subscribing to our accounts, and this question sometimes puts them at a dead end. Neither CryptoPunks, nor the Bored Ape Yacht Club collection, nor even the world's most expensive NFT called "EVERYDAYS: THE FIRST 5000 DAYS" require any maintenance after purchase.
So how does The Greedy Machines collection differ from other crypto art?
The answer is actually quite simple. Each NFT is unique in itself, but our Greedy Machines are special not only in appearance, but also in functionality.
None of the NFT from the collections of other projects is supported by a real fleet of devices, whereas each of our digital miners possesses a capacity of 2 to 128 TH/s.
When buying NFT you're purchasing a portion of existing ASICs, each one of which requires maintenance. Our service center does it 24/7 on its own and you are only required to pay a fee.
It's important to note that the prices we offer for this service are much lower than market prices, and the quality is much higher.
And it is thanks to such high-quality service that your digital miners can mine BTC for you every day.
New people are constantly subscribing to our accounts, and this question sometimes puts them at a dead end. Neither CryptoPunks, nor the Bored Ape Yacht Club collection, nor even the world's most expensive NFT called "EVERYDAYS: THE FIRST 5000 DAYS" require any maintenance after purchase.
So how does The Greedy Machines collection differ from other crypto art?
The answer is actually quite simple. Each NFT is unique in itself, but our Greedy Machines are special not only in appearance, but also in functionality.
None of the NFT from the collections of other projects is supported by a real fleet of devices, whereas each of our digital miners possesses a capacity of 2 to 128 TH/s.
When buying NFT you're purchasing a portion of existing ASICs, each one of which requires maintenance. Our service center does it 24/7 on its own and you are only required to pay a fee.
It's important to note that the prices we offer for this service are much lower than market prices, and the quality is much higher.
And it is thanks to such high-quality service that your digital miners can mine BTC for you every day.
👍10🔥7❤4
You asked about it, you were waiting for it, and now we've reached the finish line.
GMT has begun preparations to list its token on the world's largest crypto exchange, Binance.
In order for us to be able to do this, the token itself must change. That's why, from February 15th, it will switch from the status of being a security to being a utility.
What does this mean and what's the difference?
Security tokens are digital analogs of securities. The issue and turnover of such assets takes place in accordance with the legal norms and securities legislation of financial regulators of various countries.
As a general rule, crypto projects face a number of regulatory obstacles when issuing such tokens that limits both growth and development.
Utility tokens are tokens that allow users to access goods or services provided by the company, and also act as goods themselves.
One of the conditions for being listed on leading crypto exchanges is the absence of characteristics inherent in securities. In other words, the utilitarian nature of the token becomes a key requirement. That's why we're reshaping the project in accordance with Binance's requirements.
What changes you'll notice.
GMT tokens will no longer mine bitcoins for new holders. However, for those who purchased tokens before February 15, and for those whose assets are already time locked, the conditions will remain the same. We have never let our investors down and won't do so now.
What we offer in return.
You'll still be able to earn money by owning GMT tokens, but now you'll need to use staking to do so. This opportunity will be available starting Wednesday. It'll definitely pique your interest you with its favorable conditions.
Follow our news. We'll have a lot more info for you on February 15th.
GMT has begun preparations to list its token on the world's largest crypto exchange, Binance.
In order for us to be able to do this, the token itself must change. That's why, from February 15th, it will switch from the status of being a security to being a utility.
What does this mean and what's the difference?
Security tokens are digital analogs of securities. The issue and turnover of such assets takes place in accordance with the legal norms and securities legislation of financial regulators of various countries.
As a general rule, crypto projects face a number of regulatory obstacles when issuing such tokens that limits both growth and development.
Utility tokens are tokens that allow users to access goods or services provided by the company, and also act as goods themselves.
One of the conditions for being listed on leading crypto exchanges is the absence of characteristics inherent in securities. In other words, the utilitarian nature of the token becomes a key requirement. That's why we're reshaping the project in accordance with Binance's requirements.
What changes you'll notice.
GMT tokens will no longer mine bitcoins for new holders. However, for those who purchased tokens before February 15, and for those whose assets are already time locked, the conditions will remain the same. We have never let our investors down and won't do so now.
What we offer in return.
You'll still be able to earn money by owning GMT tokens, but now you'll need to use staking to do so. This opportunity will be available starting Wednesday. It'll definitely pique your interest you with its favorable conditions.
Follow our news. We'll have a lot more info for you on February 15th.
🔥15❤5
High-class service centers. How many times have you heard this expression from us, but wondered what's actually behind it?
Long-term expertise has helped us to create not just a separate unit that works like clockwork, but an entire training center where we instruct our specialists.
It's because of this that we have professionals on our staff who understand all the technical nuances of the industry, and are also relieved of the need to overpay third-party companies for maintenance and repairs, which ultimately has a positive effect on your payments.
We even have a rapid response team. It is always ready to hurry to any of our facilities in order to fix problems as soon as possible.
24/7, our service centers carry out several thousand repairs per month and participate in experiments with our research department.
We'll have more for you about what our engineers and IT specialists are developing in the coming days.
Long-term expertise has helped us to create not just a separate unit that works like clockwork, but an entire training center where we instruct our specialists.
It's because of this that we have professionals on our staff who understand all the technical nuances of the industry, and are also relieved of the need to overpay third-party companies for maintenance and repairs, which ultimately has a positive effect on your payments.
We even have a rapid response team. It is always ready to hurry to any of our facilities in order to fix problems as soon as possible.
24/7, our service centers carry out several thousand repairs per month and participate in experiments with our research department.
We'll have more for you about what our engineers and IT specialists are developing in the coming days.
👍11❤2
From now on, GMT Token staking is available.
Staking is a chance to passively earn for owning and blocking (holding) your tokens for a set time frame.
We offer our users two options:
1. Fixed Staking: Users' tokens are blocked for 3 months at 20% per annum (APR). The annual interest rate is fixed and holders receive a guaranteed one-time profit in GMT tokens immediately after the staking closes.
2. Flexible Staking: Users' tokens are blocked for 3 months at a floating percentage. Throughout the entire staking period, users make a profit in BTC every day after investing. The interest rate in flexible staking depends on a lot of factors, such as mining equipment market peculiarities, mining complexity, BTC price, and the general market conditions for cryptocurrencies.
To start staking holders must open and close a position themselves on the GMT Staking page to receive income from staking.
Launching the staking option does not change anything for those GMT token holders who purchased them earlier. Your tokens will still mine BTC. But you can also try out the staking procedure and compare the profitability of the two.
The main source of GMT's income from the blocked funds is the use of these assets as collateral to purchase new equipment and receive daily income from mining. More blocked funds equal more opportunities for the firm to expand, benefitting both the token rate and growth of the company.
Ensuring maximum security of your "frozen" tokens is essential to us, so our product doesn't imply working via Proof-of-Stake, but is based on smart contracts (ERC-20 protocols). Profit is guaranteed by the GMT token staking smart contract code. Our company can't influence the course of blocked funds, burn blocked funds, or change the interest rate for already blocked deposits after you lock your tokens.
Read more information about staking here.
Staking is a chance to passively earn for owning and blocking (holding) your tokens for a set time frame.
We offer our users two options:
1. Fixed Staking: Users' tokens are blocked for 3 months at 20% per annum (APR). The annual interest rate is fixed and holders receive a guaranteed one-time profit in GMT tokens immediately after the staking closes.
2. Flexible Staking: Users' tokens are blocked for 3 months at a floating percentage. Throughout the entire staking period, users make a profit in BTC every day after investing. The interest rate in flexible staking depends on a lot of factors, such as mining equipment market peculiarities, mining complexity, BTC price, and the general market conditions for cryptocurrencies.
To start staking holders must open and close a position themselves on the GMT Staking page to receive income from staking.
Launching the staking option does not change anything for those GMT token holders who purchased them earlier. Your tokens will still mine BTC. But you can also try out the staking procedure and compare the profitability of the two.
The main source of GMT's income from the blocked funds is the use of these assets as collateral to purchase new equipment and receive daily income from mining. More blocked funds equal more opportunities for the firm to expand, benefitting both the token rate and growth of the company.
Ensuring maximum security of your "frozen" tokens is essential to us, so our product doesn't imply working via Proof-of-Stake, but is based on smart contracts (ERC-20 protocols). Profit is guaranteed by the GMT token staking smart contract code. Our company can't influence the course of blocked funds, burn blocked funds, or change the interest rate for already blocked deposits after you lock your tokens.
Read more information about staking here.
❤10👍7🔥5🤔1
Staking has most likely completely captured your attention by now, but this isn't the only innovation our developers have released.
If for some reason you decide to sell your NFTs from The Greedy Machines collection, you'll no longer need to switch to third-party sites. You can now sell them right on our marketplace.
When you go to the Sell NFT page, you can specify which of your digital miners you're going to sell and for how much. After that, you'll only have to wait for a buyer to appear.
A few important points:
🟣 Before someone buys your NFT it'll be in your wallet and will bring you rewards.
🟣 You can only sell NFT for GMT tokens.
🟣 If your NFT is on a virtual wallet, then you can only sell it on a virtual wallet.
🟣 If the digital miner is on a real wallet, then when placing crypto art in the Sell NFT section, you'll need to connect the wallet where it's located and give permission for the NFT to be withdrawn to another wallet when buying. Our instructions will help you through these steps.
🟣 Don't forget about the commission. For the sale of NFT on our marketplace, we will charge you 5% of the amount you received.
If you want to see the digital miners put up for sale by users, go to the collection filters, select "Marketplace" and "GMT Secondary."
If for some reason you decide to sell your NFTs from The Greedy Machines collection, you'll no longer need to switch to third-party sites. You can now sell them right on our marketplace.
When you go to the Sell NFT page, you can specify which of your digital miners you're going to sell and for how much. After that, you'll only have to wait for a buyer to appear.
A few important points:
🟣 Before someone buys your NFT it'll be in your wallet and will bring you rewards.
🟣 You can only sell NFT for GMT tokens.
🟣 If your NFT is on a virtual wallet, then you can only sell it on a virtual wallet.
🟣 If the digital miner is on a real wallet, then when placing crypto art in the Sell NFT section, you'll need to connect the wallet where it's located and give permission for the NFT to be withdrawn to another wallet when buying. Our instructions will help you through these steps.
🟣 Don't forget about the commission. For the sale of NFT on our marketplace, we will charge you 5% of the amount you received.
If you want to see the digital miners put up for sale by users, go to the collection filters, select "Marketplace" and "GMT Secondary."
🔥15👍1
Since the launch of the GMT staking function, you have been constantly contacting our support service for comments and clarifications.
Almost a third of your questions these days have been devoted to this topic.
It's important for us that the product is clear to you, so we're beginning a series of posts with answers to the most popular questions.
Today we'll be talking about limits.
The minimum number of tokens required for staking is 100 GMT. The maximum number is 100,000 GMT.
It is important to note that these limits apply only to one type of staking. That is, you can simultaneously stake 100,000 GMT tokens with a fixed interest rate and 100,000 tokens with a floating interest rate from one wallet.
Why are we doing this?
The token staking mechanism is still new for both the company and investors. In order for this business model to work smoothly, we need time to build all the processes and will use the resources received from users to expand mining infrastructure.
We need to debug all the necessary procedures for the prompt purchase and launch of new equipment, while not letting down our customers. That’s why we decided to limit the number of tokens available for staking. The maximum amount of 100,000 GMT guarantees the fulfillment of all obligations on our part.
Read more information about staking here.
Almost a third of your questions these days have been devoted to this topic.
It's important for us that the product is clear to you, so we're beginning a series of posts with answers to the most popular questions.
Today we'll be talking about limits.
The minimum number of tokens required for staking is 100 GMT. The maximum number is 100,000 GMT.
It is important to note that these limits apply only to one type of staking. That is, you can simultaneously stake 100,000 GMT tokens with a fixed interest rate and 100,000 tokens with a floating interest rate from one wallet.
Why are we doing this?
The token staking mechanism is still new for both the company and investors. In order for this business model to work smoothly, we need time to build all the processes and will use the resources received from users to expand mining infrastructure.
We need to debug all the necessary procedures for the prompt purchase and launch of new equipment, while not letting down our customers. That’s why we decided to limit the number of tokens available for staking. The maximum amount of 100,000 GMT guarantees the fulfillment of all obligations on our part.
Read more information about staking here.
🔥8❤4