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About Glint Coin
Key Points
- Glint Coin (GLINT) enhances the TON Diamonds user experience in three ways:
- Purchasing NFT on TON Diamonds marketplace with GLINT
- Covering NFT trading fees on the marketplace
- Granting DAO voting rights
- TON Diamonds is a specialized NFT marketplace for digital creators
- Total supply of GLINT: 22,000,000 tokens
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Distribution:
- 44% (9,680,000) to TON Diamonds NFT holders through farming
- 11% (2,
Introducing Glint Coin: A New Era in Digital Assets
Introducing Glint Coin (GLINT): A Revolutionary Cryptocurrency
- Glint Coin (GLINT) elevates the TON Diamonds user experience in the following ways:
- Facilitating seamless NFT purchases on the TON Diamonds marketplace with Glint Coin.
- Waiving NFT trading fees on the TON Diamonds marketplace, ensuring a seamless experience.
- Confering DAO voting privileges, empowering holders to decide on the listing of new or additional NFT collections and artists on the marketplace.
Introducing TON Diamonds: A Revolutionary Concept
TON Diamonds NFT Marketplace (TON Diamonds) is a bespoke platform that
empowers visionary digital creators to craft and vend their art as unique NFTs. By
joining our exclusive community through the coveted TON Diamonds NFT Collection,
members gain privileged access to fresh NFT releases, carefully curated in
collaboration with the TON Diamonds team.
What Are the Key Utilities of Glint Coin?
The Total Supply and Distribution of Glint Coins
The total supply of GLINT tokens is capped at 22,000,000, ensuring a finite and scarce digital asset.
A substantial 44% of the total supply, equivalent to 9,680,000 tokens, will be incrementally distributed among TON Diamonds NFT holders through a farming mechanism, spanning two distinct seasons. The inaugural season commenced on May 31, 2023, and will persist until December 1, 2023, with the subsequent season slated for announcement in 2024.
A limited allocation of 11% (2,420,000) was designated for trading on decentralized exchanges, marking the initial release of the total supply.
A significant allocation of 22% of the total supply, equivalent to 4,840,000 tokens, is reserved for the team, tasked with driving token development and promotional initiatives.
A total of 2,420,000 tokens, equivalent to 11% of the total supply, are earmarked for the burning of TON Diamonds NFTs. This process will be facilitated through the transfer of the NFT to a specially designed smart contract, to be developed in the future. Upon completion of this transaction, the holder will instantly receive a predetermined amount of $GLINT, which is equivalent to the yield generated by the NFT during the current farming season. The burned TON Diamonds NFT will subsequently become the property of the TON Diamonds platform, only to be reintroduced to the market at a later stage. A more comprehensive explanation of this mechanism is slated for announcement in Q4 2023.
A total of 2,640,000 tokens, equivalent to 12% of the overall supply, are earmarked for distribution as staking rewards.
Consequently, a substantial 67% of the token supply will be inaccessible for direct acquisition, instead being allocated through a combination of farming, staking, and burning mechanisms.
Acquiring GLINT: A Comprehensive Guide
Glint Coin is now accessible on the TON Diamonds DEX Aggregator, a comprehensive platform that encompasses prominent decentralized exchanges, including DeDust.io DEX and STON.fi DEX.
Acquiring Unique Digital Assets: A Guide to Purchasing NFTs
GLINT empowers users with exclusive purchasing power for newly minted NFTs on the TON Diamonds Marketplace, allowing holders of $GLINT to seamlessly exchange their tokens for these coveted digital assets during these highly anticipated events.
A Decentralized Autonomous Marketplace: Empowered by DAO Governance
GLINT pioneers a revolutionary paradigm by decentralizing decision-making authority from a centralized entity to a Decentralized Autonomous Organization (DAO), thereby empowering the community to drive decision-making processes through a democratic voting system, fostering a more inclusive and participatory governance model.
Participate in Our Prosperity: Profit Sharing Program
GLINT holders are entitled to a 22% share of the profits generated by the TON Diamonds marketplace, distributed on a quarterly basis. This financial incentive serves to align the interests of GLINT holders with the long-term success of the platform, fostering a harmonious and mutually beneficial relationship.
Staking and Sphere of Influence
GLINT can be staked, and the more GLINT you hold, the greater your sway within the platform, affording you a more significant voice in decision-making and governance.