1.3 Exploring $GPT Tokens and Blockchain
Last updated
Last updated
$GPT tokens, adhering to the ERC-20 standard, are the economic backbone of the GPT Protocol. They serve multiple roles within the network, from incentivizing miners to compensating data providers. With a total supply of 1 billion tokens, distribution is allocated across advisors, sales, the team, the ecosystem, treasury, partnerships, and rewards. This multifaceted approach ensures a decentralized economy, empowering growth and participation. The recent liquidity bootstrapping pool (LBP) launch on Fjord Foundry is a significant step in the token's journey, expanding its reach in the crypto and AI space.
For further details, refer to the GPT Protocol whitepaper within your GitBook documentation.