gate token logo
Gate Token
GT
$8.36

Sector

CEX

Exchange Debut

2019-09-03

Market Cap

1,090,448,890

Maxim Supply

Circulating Supply

130,359,278

Circ. Supply(%)

gate token logo

Gate Token

GT

Price

$8.36

Market Cap

Sector

Exchange Debut

1,090,448,890
2019-09-03

Volume 24h

High 24h

Low 24h

3491391
8.496871992619
8.14312212883

Change 24h

Change 7d

Change 30d

0.0012
-6.3846
5.1955

Maxim supply

Circulating supply

Circulating supply(%)

130,359,278

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Gate Token – GT cryptocurrency:

 

Gate Token – GT, underpinned by the GateChain blockchain, is an innovative player in the crypto sphere, dedicated to fostering a secure environment for digital asset transfers. With a final score of 6.5 out of 10, the fundamental analysis of the Gate Token – GT cryptocurrency reveals a balanced mixture of strengths and weaknesses in various facets of its operation. Its native token, GT, not only serves as fuel for transaction fees but also holds potential for staking rewards.

SOCIAL & MASS MEDIA: Score 4.1 out of 10

In the realm of social engagement, Gate Token – GT appears to have a dichotomy. While it boasts exceptional community activity on its social media channels, it seems to struggle with garnering a large following and media presence. The team might need to reconsider its strategies to boost its outreach, especially considering the size of its chat groups and the activities of its administrators.

AUDIT & SECURITY: Score 8.95 out of 10

On the brighter side, Gate Token – GT’s commitment to security and transparency is commendable. Achieving a perfect score in audit results underscores its robustness. However, there’s a slight room for improvement in making information more transparent and enhancing liquidity on exchanges.

TOKENOMICS: Score 3.45 out of 10

The token economy of Gate Token – GT raises some concerns. The evident inflationary trend and centralized control of its monetary mass might deter some potential investors. A deep dive into the project’s fundamental analysis sheds light on these concerns.

ECOSYSTEM DEVELOPMENT: Score 7.6 out of 10

The ambition and foresight of the project are evident in its ecosystem development. They’ve successfully met their objectives and have promising plans for the future, showing commitment to innovation and growth.

TEAM & DEVELOPERS: Score 8.2 out of 10

Behind every successful project lies a competent team. The experience and expertise of the Gate Token – GT team, especially in software development, stand as a testament to its potential. However, scaling up the team might further propel its progress.

PRODUCT & UTILITY: Score 6.9 out of 10

The product’s utility within the Gate Token – GT ecosystem is fairly good, offering value to its users. Although there’s room to further enhance the token’s significance within the ecosystem, the current status is promising.

PARTNERS & INVESTORS: Score 7.5 out of 10

The strength and quality of partnerships, combined with the capacity of investors, paint a decent picture for Gate Token – GT. Strengthening these relationships can cement its position in the market.

Fundamental analysis of the Gate Token- GT cryptocurrency – The final conclusion

In synthesizing our insights from the fundamental analysis of the Gate Token – GT cryptocurrency, it emerges as a project with many commendable attributes, notably in security, team expertise, and ecosystem development. However, challenges in social outreach and tokenomics could be potential bottlenecks. For potential investors, while the prospects seem promising, due diligence, considering these factors, is essential. Balancing the risk-reward equation, Gate Token – GT holds potential but also necessitates careful scrutiny.

What is Gate Token?

 

GateChain is a public blockchain emphasizing asset safety, which facilitates seamless digital asset transfers. Originated by the global crypto exchange Gate.io in 2018 and headquartered in Zurich, this network is the brainchild of Thomas Kofler and Wassilios Lytras.

Notable Features and Benefits

Its native token, GateToken (GT), is versatile in function. Primarily, it handles transaction fees. Additionally, staking GT helps validate transactions, ensuring network safety and fetching rewards. With its integrated on-chain wallet, users can handle their digital assets without external wallets, promoting ease and independence.

Compatibility with Ethereum

Notably, GateChain’s compatibility with the Ethereum Virtual Machine (EVM) stands out. This feature enables the easy deployment of Ethereum-centric smart contracts on its platform. With the introduction of an ‘EVM account’ type and the extension of its account system, migrating Ethereum dApps to GateChain becomes attractive. The support for Ethereum’s 0x address enhances this migration by allowing asset operation on both networks under one address.

Performance Metrics and Safety Protocols

In terms of performance, GateChain promises efficiency. A block time of a mere 4 seconds and a potential 2,745 transactions per second (TPS) are commendable. Moreover, the gas fees are competitively low. For network security, a proof-of-stake algorithm is in place. By staking GT tokens, users can become validators, bolstering network security and processing transactions. An innovative on-chain safety account and time-delay recovery features further bolster asset safety, even against private key breaches.

Conclusion

Conducting a fundamental analysis of the Gate Token – GT Cryptocurrency, it becomes evident that GateChain offers a blend of efficiency, safety, and compatibility. Its unique features and commitment to asset safety make it a promising choice for potential investors and users alike.

Fundamental analysis of the Gate Token

Gate Token - GT 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.

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