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What Is GYMNETWORK and GYMSTREET (GYMNET)?
Gymstreet is the world's first financial metaverse. It offers users the ability to purchase NFTs such as virtual land and other NFT products. Additionally, it continuously onboards partners like Exchanges, DeFi platforms, and Crypto Service Providers to offer users gamified access to their services. Currently, it operates on the Binance Smart Chain, but plans to provide more solutions in the future.
GYM NETWORK is a fully decentralized protocol that operates on the Binance Smart Chain. It combines optimal yields with high rewards for users and also provides an additional earnings mechanism through the built-in affiliate system.
GYMNET is/will be the native utility token used for:
Now
Pay for items and goods at vendor machines of Ivendpay worldwidePay for restaurant bills using POS terminals of Ivendpay worldwideLock in Single Pool for NFT Reflections Get benefits as an Affiliate partner
Future 2022,2023,2024
Activating Fee for Co-branded Crypto Card Discount in purchasing NFTs such as land and othersPurchasing Mystery Box NFTs Benefits at the Launch of the NFT Marketplace Benefits at the Launch of the own DEXPaying for courses at the VR University in the MetaverseUsing Defi Lottery SystemUsing Games in the Metaverse *Activate AR and VR Content
How Many GYMNET Tokens Are There in Circulation?
GYMNET launched on the BSC mainnet on October 19, 2021, with 40 million GYMNET tokens created at genesis. Its emission calendar was fixed from the origin and can only be marginally updated by unanimous decision from the token holders. The maximum supply of 600 million will be reached by September 2024, and its emission decreases every month by 3.22% until its final emitting block on that date. 55% of the tokens are rewarded to liquidity providers, and the rest are distributed to users of the different products the system offers. None of the tokens were pre-mined and held by the user; those that were pre-mined were locked as liquidity in the market.
Who Are the Founders of GYMNET Protocol?
GYMNET is the brainchild of former Investment Banker Alberto Mera, who designed the system.
Frank Roehrig and his team around the Metaverse formed the team around GYMNET during the year.
GYMNET has its own developer team in Yerevan, Armenia, with over 70 developers, as well as an ImmerseFX Team for the Metaverse in Bulgaria, with over 25 people and a lot of experience in the film industry and Hollywood movies, as you can see on the website of immersefx.com.
Where Can I Buy GYMNETWORK (GYMNET)?
GYMNET is available for trading on a growing number of exchanges, with cryptocurrency and [stablecoin] https://BYDFi.com/currencies/gym-network/markets/ pairs currently available.
https://www.lbank.info/exchange/gymnet/usdt offers the largest number of pairs as of October 2022, while https://pancakeswap.finance/swap also offers BNB/GYMNET and https://pancakeswap.finance/swapBUSD/GYMNET.
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
Answers
What Is GYMNETWORK and GYMSTREET (GYMNET)?
Gymstreet is the world's first financial metaverse. It offers its users the opportunity to buy NFTs like virtual land and other NFT products. Additionally, it continuously onboards partners such as Exchanges, DeFi platforms, and Crypto Service Providers to provide users with gamified access to their services. Currently, it operates on the Binance Smart Chain, but it plans to offer more solutions in the future.
GYM NETWORK is a fully decentralized protocol operating on the Binance Smart Chain. It combines optimal yields with high rewards for its users and also provides an additional earnings mechanism through the built-in affiliate system.
GYMNET is/will be the native utility token used for:
Now
Pay for items and goods at vendor machines of Ivendpay worldwidePay for restaurant bills using POS terminals of Ivendpay worldwideLock in Single Pool for NFT ReflectionsGet benefits as an Affiliate partner
Future 2022, 2023, 2024
activating Fee for Cobranded Crypto CardDiscount in purchasing NFTs like land and othersPurchasing Mystery Box NFTsBenefits at the Launch of the NFT MarketplaceBenefits at the Launch of the own DEXPaying for courses at the VR University in the MetaverseUsing Defi Lottery SystemUsing Games in the Metaverse*Activate AR and VR Content
How Many GYMNET Tokens Are There in Circulation?
GYMNET launched on the BSC mainnet on 19 October 2021 with 40 million GYMNET tokens created at genesis. Its emission calendar was fixed from the origin and can only be marginally updated by unanimous decision from the token holders. The maximum supply of 600m will be reached by September 2024. Its emission decreases every month by 3.22% until its final emitting block on that date. 55% of the tokens are rewarded to liquidity providers, and the rest are distributed to users of the different products the system offers. None of the tokens were pre-mined and held by the user; those that were pre-mined were locked as liquidity in the market.
Who Are the Founders of GYMNET Protocol?
GYMNET is the brainchild of former Investment Banker Alberto Mera, who designed the System.
Frank Roehrig and his team around the Metaverse formed the team around in the GYMNET during the year.
GYMNET has its own developer team in Yerevan, Armenia, with over 70 developers, as well as an ImmerseFX Team for the Metaverse in Bulgaria with over 25 people and a lot of experience in the film industry and Hollywood movies, as you can see on the website of immersefx.com.
Where Can I Buy GYMNETWORK (GYMNET)?
GYMNET is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
https://www.lbank.info/exchange/gymnet/usdt offers the largest number of pairs as of October 2022, while https://pancakeswap.finance/swap also offers BNB/GYMNET and https://pancakeswap.finance/swapBUSD/GYMNET.
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
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Popular Q&A
- I'm interested in using gymnet to buy cryptocurrencies. Can you provide a detailed explanation of how I can do that?2021-11-23
- Can you explain the benefits of using gymnet in the cryptocurrency market and how it can enhance trading experiences?2021-11-23
- I'm looking for digital wallets that accept gymnet as a payment option. Can you recommend any wallets that support this digital currency?2021-11-23