The founder of gm.ai released a compensation plan for GM investors and pre-sellers, including on-chain buybacks, additional airdrops, etc.

2024-09-21 01:51

BlockBeats news, on September 21, dexter, the founder of Whales Market and gm.ai, issued a statement on X, saying that more details about the compensation plan and the future of the project will be provided to GM investors and pre-sellers.


· Buyback plan: To improve liquidity and promote the development of GM, the team will buy back directly on the chain. To ensure transparency, we will make all buyback wallets public.
· Provide additional airdrops for GM investors: Some of the GM tokens obtained through buybacks will be airdropped to pre-sellers or early buyers who sold GM at a loss. Relevant details will be released.

· Work with market makers to ensure liquidity and trading volume: Tier 1 market makers have been introduced.


· A soft agreement has been reached with an Asian fund/accelerator for cryptocurrency and AI. Due to the current situation, they hope to remain anonymous until the team proves that they have successfully fixed past problems. The partnership plan is outlined as follows:


· The fund will provide the team with resources and funding to continue launching AI & Crypto products, in exchange the team will provide equity/shares.

· The deal is only conditional upon gm.ai successfully executing the compensation plan and maintaining progress in the development of gmAI models and R&D of new product ideas.

· In the long term, any revenue generated will also be reinvested into the compensation plan. This will naturally create value for token holders once the plan ends.

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