Metric Methodologies
Token Supplies:
One of the most important facts when dealing with cryptocurrencies is a clear understanding of token distribution.The commonly adopted methodology uses the following (3) basic token arrangements:
- Maximum Supply: The best approximation of the maximum amount of assets that will exist in the cryptocurrency's lifetime.
- Total Supply: The total amount of coins in existence right now, minus any coins that have been verifiably burned = Maximum supply minus any burned assets (coins).
- Circulating Supply: The best approximation of the number of assets circulating in the market and the general public's hands. The Circulating Supply is a much better metric than the Total Supply for determining the market capitalization.
Geton's model is built on Startup Ecosystem idea principles. For that reason, token arrangements are even more detailed - essential and logical if you consider the DPMC model in a logical connection with InstantBeta business development stages and transparent token flow to the public hands - for determining market capitalization. "Tokens that are locked (via smart contracts or legal contracts), allocated to the team or private investors, or not able to be sold on the public market cannot affect the price and thus should not be allowed to affect the market capitalization as well." (Source: CoinMarketCap)
Geton Ecosystem uses the following networks (blockchains):
- Ethereum Mainnet (ERC-20 token standard)
- Binance SmartChain (BEP-20 token standard)
- GetonLedger (ERC-20 token standard)
We design Geton Startup Ecosystem believing the world would be better if innovative startups and their backers could earn their worth within a fully transparent, digital, and independent ecosystem of equal opportunities. We know that designing an ecosystem with different and more effective use of cryptocurrencies is a huge challenge. On the other hand, what if the human species may be needed and strive to have only a speculative cryptocurrency environment? So let it be an option to choose!
We are not criticizing or trying to change that. We only want to design a parallel environment where several available and useful functionalities or possibilities of blockchain technology can assure more stable and predictable cryptocurrency usage and treatment. Today's world of cryptocurrencies has many friction, intermediaries, misunderstanding, speculation, and general barriers. We face a dangerous, speculative, and harmful environment where the minority has many tools to take advantage of mass behavior and misunderstanding.
The sustainable business model advantages are the opposite of that. But even they can exist and become adopted by the population through acquiring new knowledge, changing ethos, and adopting effective, fair everyday practices.
Geton Startup Ecosystem's mission is to constantly improve and develop an environment where innovative cryptocurrency-based business models will get adequate support for growing and expanding. Models where people's everyday activities, like employment, educating, shopping, traveling, entertainment, etc., will effectively use the advantages of new technologies and bring an overall better quality of life to all included.
We all deserve and can actively co-create a more innovative business environment of sustainable practices to adopt new knowledge about unrevealed possibilities and common satisfaction.
For all that reasons and even more that is hard to include in this explanation, we will try to show how blockchain technology and token (cryptocurrency) can be used to bridge the barriers to entry one must overcome when facing the real-world issue of tokenizing a real-world asset - on our way and through GetonCoin (GETON).
Definitions and explanations of individual official wallets or supplies:
1. GetonLedger network:
- GetonLedger (GL) Total: Total GetonCoin supply that Geton Users have imported (bridged) from merged platforms and is now under their control (MetaMask) => GetonCoin maximum supply is 1,542,000,000 GETON, from which the 1,444,919,161 GETON are reserved to support the development of potential new projects. In total 2,066,235.625 GETON are permanently removed from circulation because they were used in determining mechanism, what was the funding mechanism for the GetonLedger blockchain. Token holders can import and bridge into the GetonLedger 52.072.011 GETON, and the GetonEcosystem has 42.907.396 GETON, purchased through the GroshMining activities.
- GetonCoin Staking (GL): The official GetonCoin Staking wallet for collecting GetonCoin on the GetonLedger network.
- GetonGlobal (GL): The official GetonGlobal InstantBeta wallet on the GetonLedger serves business purposes and interaction of the GetonGlobal business model with wallets on the GetonLedger network.
- GetonCommunity (GL): The official GetonCommunity InstantBeta wallet on the GetonLedger serves business purposes and interaction of the GetonCommunity business model with wallets on the GetonLedger network.
- GetonHealth (GL): The official GetonHealth InstantBeta wallet on the GetonLedger serves business purposes and interaction of the GetonHealth business model with wallets on the GetonLedger network.
- Deflationary Pool (GL): The official Geton Ecosystem's deflationary wallet, where assets sold through Trading Orders are accumulated. In general, these assets are permanently removed from circulation. The only way to release these assets is if the MetaStaking Board votes and approves the proposal with 2/3 of the votes.
- Mainnet (ETH) Total: The Total supply of GetonCoin is distributed to the Official wallets and to GetonCoin public holders - circulating supply).
- Development Supply - Reserved & Undistributed;
- GetonMining Deflationary Wallet - Removed from circulation; - Liquidity Pool (ETH) The supply of GetonCoin accumulated from Grosh Mining.
- Network Bridge (holding wallet): The supply of GetonCoin that users of merged platforms have mined and could be bridged to GetonLedger.
- GetonGlobal (ETH): The official GetonGlobal InstantBeta wallet on the Ethereum MainNet, which serves business purposes and interaction of the GetonGlobal business model with wallets on the Ethereum MainNet network.
- GetonCommunity (ETH): The official GetonCommunity InstantBeta wallet on the Ethereum MainNet, which serves business purposes and interaction of the GetonCommunity business model with wallets on the Ethereum MainNet network.
- GetonHealth (ETH): The official GetonHealth InstantBeta wallet on the Ethereum MainNet, which serves business purposes and interaction of the GetonHealth business model with wallets on the Ethereum MainNet network.
- Ethereum Mainnet circulating: The amount of GetonCoin circulating in the market and the general public's hands.
- SmartChain (SC) Total: Total Supply of GetonCoin on the Binance SmartChain network.
- Network Bridge (hot wallet): Ecosystem wallet, from where stored (holder) asset amounts that are bridged from Binance SmartChain to GetonLedger are transferred to keep the same circulating balance constantly.
- GetonCoin Staking (GL): The official GetonCoin Staking wallet for collecting GetonCoin on the GetonLedger network.
- GetonGlobal (SC): The official GetonGlobal InstantBeta wallet on the Binance SmartChain, which serves business purposes and interaction of the GetonGlobal business model with wallets on the Binance SmartChain network.
- GetonCommunity (SC): The official GetonCommunity InstantBeta wallet on the Binance SmartChain serves business purposes and interactions of the GetonCommunity business model with wallets on the Binance SmartChain network.
- GetonHealth (SC): The official GetonHealth InstantBeta wallet on the Binance SmartChain, which serves business purposes and interaction of the GetonHealth business model with wallets on the Binance SmartChain network.
- SmartChain (SC) Circulating: The amount of GetonCoin circulating in the market and the general public's hands.
- The amount of GetonCoin circulating in the Ethereum MainNet plus Binance SmartChain networks and are the general public's hands.