GTON Capital: reimagining the #utility and #scalability of #Web3

1/⚜️ The @GtonCapital team is building an ecosystem of innovative web3 infrastructure and products by synergizing the best achievements of decentralized web technology a brave little baby is expl...
2/⚜️ The vision of the $GTON team presents a new phase in the evolution of the #cryptocurrency landscape, with decentralized #stablecoins and scalable #smartcontract execution layers at its core, enabling millions of #dApps to improve the lives of billions of users
3/⚜️ We are currently facing a "Cambrian explosion" of alt-L1 and L2 protocols, #DeFi dApps and #NFT, #GameFi and X2Earn business models, and #Metaverses
4/⚜️ Despite the fact that it all started as brand new decentralized currencies powered by #PoW consensus, such as $BTC-#Bitcoin and $ETH-#Ethereum, these currencies cannot be adopted as means of payment for Web3 users because of their price #volatility
5/⚜️ This is why #stablecoins pegged to the world's major reserve #currencies and assets have changed the game and accelerated the adoption of Web3. We can see the same issue with ETH being used as a tx currency after the hundredfold price spike
6/⚜️ #Ethereum has become even more expensive for users because of network congestion. This problem needs to be solved, and is now being addressed by so-called #rollups (#L2)
7/⚜️ This is where #GTONCapital plays its strategic role in reimagining the #utility and #scalability of #web3 by creating an ethereum roll-up protocol with a decentralized stablecoin as the gas currency
8/⚜️ GTON Protocol represented by three main components:
* Stablecoin 💸
* Rollup 🧬
* Staking 📈
9/⚜️ Stablecoin:
GTON Capital Dollar is a multicollateralized #stablecoin protocol with a real use case for use as the native currency for the #GTONNetwork rollup
10/⚜️ Stablecoin:
$GCD is a stabelcoin that is algorithmically soft-pegged to the US dollar via smart contracts. It uses tokens from another decentralized cryptocurrency as collateral to issue new GCDs. $ETH, $BTC, $PAXG and other liquid currencies can be used as collateral
11/⚜️ Stablecoin:
The design principles are similar to $DAI, $GHO, $MIM, $sUSD, $LUSD, $USDP and other #crypto-collateralized stablecoins
12/⚜️ Rollup:
#GTONNetwork is an Ethereum #Optimistic Rollup protocol that uses the $GCD stablecoin as its gas currency
13/⚜️ Rollup:
#GTONNet is an #EVM-compatible network that supports the execution of smart contracts written for Ethereum mainnet and other EVM-based networks. All other tools for users and developers are also integrated into GTONNet, such as #MetaMask wallet, #HardHat and bridges
14/⚜️ Rollup:
Users get the same experience with #GTONNet as they have with #Arbitrum, #Optimism, #Metis and #Boba, the major difference being that they do not need to use volatile assets for transactions, but can use the $GCD #stablecoin instead
15/⚜️ Staking:
#GTONStaking is a tool for protocol contributors that allows them to capture the value from the ecosystem of products built on GCD and #GTONNet
(from tx fees)
16/⚜️ Although #GTONNet is a #L2 on top of #Eth mainnet, the rollup tech can be scaled recursively to L3/4 and other layers to boost the #web3 network capacity
17/⚜️ All the core protocols are under audit currently and the launch will be in a few weeks.

@nevagip it's my #IKIGAI

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