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Summary of Giant Mammoth (GMMT)
Overview
- Giant Mammoth is a global Web3 lifestyle service platform based on its proprietary mainnet, the Giant Mammoth Chain.
- It integrates lifestyle services with blockchain technology, providing safe and transparent services.
Founders
- Developed in 2022 by John Baek, who has deep domain knowledge in technology and blockchain.
- John Baek has won multiple awards, including the New Technology Innovation Award and Frontier Leader Award.
- He holds more than 30 trademarks and patents related to blockchain and Artificial Intelligence.
Uniqueness
About Giant Mammoth
In the realm of cryptocurrency, Giant Mammoth emerges as a stalwart entity, poised to revolutionize the digital landscape.
Introducing Giant Mammoth (GMMT): A Revolutionary Cryptocurrency
Giant Mammoth is a pioneering global Web3 lifestyle service platform, built upon its proprietary mainnet, the Giant Mammoth Chain. By seamlessly integrating a diverse range of lifestyle services closely tied to our daily lives – including healthcare, e-commerce, webtoons, gaming, and second-hand trading – with cutting-edge blockchain technology, Giant Mammoth provides a secure and transparent experience. Furthermore, it fosters a self-sustaining ecosystem where users can earn and utilize profits through their everyday activities and hobbies, creating a virtuous cycle.
The Visionary Founders Behind Giant Mammoth
Giant Mammoth was conceived in 2022 by the visionary John Baek, a trailblazer driven to revolutionize the world through the fusion of creativity and innovation. Leveraging his profound expertise in technology and blockchain, he has consistently delivered innovative, effective, and outside-the-box strategies for building thriving businesses in both the Web2 and Web3 realms. A multi-award winner, John Baek’s accolades include the prestigious New Technology Innovation Award and the esteemed Frontier Leader Award. His impressive portfolio boasts over 30 trademarks and patents related to blockchain and Artificial Intelligence, a testament to his groundbreaking work in these fields.
Unveiling the Unparalleled Attributes of GMMT
Giant Mammoth revolutionizes everyday life by seamlessly integrating blockchain technology into its services, thereby fostering a transparent and secure environment. Moreover, it creates a self-sustaining economic ecosystem where consumers can generate revenue within the Mammoth ecosystem and reinvest their earnings to access a wide range of services.
Beyond that, Giant Mammoth is facilitating the transition of non-blockchain companies into the blockchain realm through its proprietary Giant Mammoth Chain, while concurrently expanding the Mammoth ecosystem.
What Is the Circulating Supply of Giant Mammoth (GMMT) Coins?
The total supply of GMMT is capped at 5,000,000,000 tokens, allocated as follows: 3,000,000,000 (60%) are reserved for the Ecosystem, 750,000,000 (15%) for Operation, 750,000,000 (15%) for Investment, 250,000,000 (5%) for the Foundation, 150,000,000 (3%) for Marketing, and 100,000,000 (2%) for the Team.
The Mammoth Network’s Fortified Security Framework: A Pillar of Strength
Giant Mammoth Chain employs a hybrid consensus algorithm, known as Proof-of-Stake Authority (PoSA), which synergistically combines the benefits of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA), thereby fostering a robust and efficient network.
In a Delegated Proof of Stake (DPoS) consensus algorithm, individuals with a significant stake in the cryptocurrency, measured by the amount or duration of their holdings, are granted voting rights to elect a validator. In contrast, the Proof of Authority (PoA) consensus algorithm selects validators based on the reputation and identity of individuals and organizations. This approach enables high scalability, as blocks and transactions are validated solely by pre-approved participants.
PoSA is a hybrid consensus algorithm that synergistically combines the benefits of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) consensus methods. Through a democratic voting process, individuals with substantial cryptocurrency holdings elect a verifier, which is re-elected every 24 hours to ensure the removal of underperforming verifiers. This innovative approach facilitates rapid processing while maintaining the integrity of the network.
Acquiring Giant Mammoth (GMMT): A Comprehensive Guide
GMMT is proudly listed on a plethora of esteemed cryptocurrency exchanges, including Gate.io, Bitget, MEXC, Indodax, Bitrue, BitMart, BitForex, Coinstore, and Tapbit.
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