Gud Tech's AI Fair Launch on Zircuit Blockchain Surpasses $9M in Staking Value

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On Sat, 21 Dec, 12:03 AM UTC

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Gud Tech, a multichain AI platform for automated finance, successfully launches its $GUD token on Zircuit blockchain, achieving over $9M in staking value within the first week. The launch emphasizes community ownership and decentralization.

Gud Tech Launches Community-Focused AI Platform on Zircuit Blockchain

Gud Tech, the first multichain AI platform for automated finance built on Zircuit blockchain, has announced a successful launch of its $GUD token. The launch, which emphasizes a fair and community-centric approach, has already surpassed $9 million in staking value within its first week 12.

Fair Launch and Token Distribution

Unlike traditional token launches, Gud Tech has implemented a unique distribution model:

  • 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit 1.
  • The first distribution phase allocated 2% of the total token supply to participants within the first week 2.
  • Weekly rewards will continue throughout the fair launch period 12.

This approach aims to create a more equitable distribution, aligning with Gud Tech's vision of becoming a truly community-owned AI platform.

Staking Mechanism and Community Engagement

The $GUD tokens are earned by staking $ZRC, Zircuit's native token:

  • Over 127 million $ZRC tokens have been staked in the first week 12.
  • This staking activity has locked a total value of $9 million USD 12.
  • Users can actively engage with the ecosystem by staking $ZRC tokens to earn weekly $GUD rewards 1.

No Presales or VC Involvement

In a departure from traditional crypto launches, Gud Tech has deliberately excluded presale or venture capital funding. This decision ensures that the $GUD token remains in the hands of its users rather than institutional investors, further strengthening the platform's commitment to decentralization and community empowerment 12.

About Gud Tech and Its Future Plans

Gud Tech positions itself as an AI platform for automated finance on Zircuit, which it describes as "the world's most secure AI-powered blockchain" 12. The platform's current and future offerings include:

  • Actionable market intelligence at launch 12.
  • Plans to become a leading platform for AI-powered decentralized finance 12.
  • Future features such as a risk engine and algorithmic strategies 12.

Implications for AI in Blockchain and DeFi

The successful launch of Gud Tech represents a significant development in the integration of AI with blockchain technology and decentralized finance. By combining AI capabilities with a community-owned approach, Gud Tech aims to create a more inclusive and technologically advanced ecosystem for automated finance 12.

As the platform evolves, it could potentially reshape how AI is utilized in the blockchain space, particularly in areas such as market analysis, risk assessment, and algorithmic trading strategies. The success of this launch may also inspire other projects to adopt similar community-centric approaches in the AI and blockchain sectors.

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