Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $41,896,481,920 | Market Cap: $2,504,419,469,991
Gains Network
GNS
$3.36
Sector
DEX
Exchange Debut
2021-11-21
Market Cap
113,714,811
Maxim Supply
34,084,924
Circulating Supply
33,836,060
Circ. Supply(%)
99.27%
Gains Network
GNS
Price
$3.36
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
2122498
3.409693956879
3.345866190999
Change 24h
Change 7d
Change 30d
-1.1743
0.6363
22.5999
Maxim supply
Circulating supply
Circulating supply(%)
34,084,924
33,836,060
99.27%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Gains Network cryptocurrency:
In our fundamental analysis of the Gains Network cryptocurrency, the multi-criteria assessment suggests that this digital asset displays strong attributes in several key areas. These areas encompass product utility, audit and security, ecosystem evolution, and social media traction. However, the fundamental analysis of the Gains Network cryptocurrency also reveals potential areas for growth and enhancement, particularly in tokenomics and team transparency.
The fundamental analysis of the Gains Network cryptocurrency illustrates a robust product offering with significant utility. This is supported by a high score of 9 out of 10 in this particular criterion. The gTrade platform, distinguished by its liquidity-optimized and user-centric design, in addition to the capacity to trade a wide array of leverages and pairs, possesses the potential to draw a substantial user base. Moreover, the high score of 9 out of 10 in the utility of tokens within the ecosystem sub-criterion suggests that the tokens could command significant value within the Gains Network ecosystem.
Team
The team criterion, however, presents a challenge for the Gains Network as per our fundamental analysis of the cryptocurrency. With a relatively low score of 2.2 out of 10, the primary reasons being low team transparency and a limited count of software developers. For the project’s sustained growth and further development, increasing transparency and expanding the team might be essential.
In the grand scheme of things, our fundamental analysis of the Gains Network cryptocurrency indicates the digital asset’s potential as a robust cryptographic project, with commendable product utility and promising developments in ecosystem evolution and social media presence. Nevertheless, addressing the identified weaknesses, such as enhancing team transparency and addressing the token economy concerns, could further bolster the project. As with any investment opportunity, we recommend conducting extensive research and due diligence to ascertain whether Gains Network aligns with your investment objectives and risk appetite.
Fundamental analysis of Gains Network cryptocurrency – The final conclusion
In conclusion, this analysis is designed to assist potential investors in making informed decisions and to optimize their understanding of the Gains Network’s potential. However, it’s essential to remember that the fundamental analysis of the Gains Network cryptocurrency is just a tool. It should be used in conjunction with other methods to form a comprehensive understanding of the project.
Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform.
Our uniquely designed synthetic architecture makes gTrade more capital efficient than any existing platform, allows for low trading fees, and a wide range of leverages and pairs: up to 150x on cryptos, 1000x on forex, 50x on stocks, and 35x on indices. You can read more about this here: The gTrade Platform.
The protocol revolves around the ecosystem’s ERC20 utility token (GNS) and ERC721 utility token (NFTs). GNS and the NFTs are designed to be actively used within the platform (utility) and to allow ownership of the protocol through revenue capture & governance (soon). It includes GNS holders receiving platform fees through Single Sided Staking, burning of GNS using platform revenue, NFT holders getting reduced spread and boosted rewards, as well as NFT bots executing limit orders and liquidations.
You can read about this here: GNS Token
We do not guarantee price appreciation or depreciation in the future, nor promise any development of the project compared to its current state, and if you buy the token or NFTs, you do so at your own risk.
How does it work?
Trades are opened with DAI collateral, regardless of the trading pair. The leverage is synthetic and backed by the DAI vault, and the GNS token. DAI is taken from the vault to pay the traders PNL (if positive) or receives DAI from trades their PnL was negative.
Powered by Chainlink
While all derivatives platforms generate their own prices through order books or similar models, which often ends up in prices that do not correspond to the real spot price of the asset, we use a custom real-time Chainlink node operators network to get the median price for each trading order.
A detailed explanation of how the DON (decentralized oracle network) works is available here.
Where Can You Buy Gains Network – GNS?
GNS can be purchased on cryptocurrency exchanges such as Binance, Kucoin and Gate.io.
All you need to do is create a free account on any of these exchanges and start trading.
- Latest analysis update: June 17, 2023
Gains Network - GNS performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
