GMT serves as the primary token for the FSL ecosystem, featuring a capped total supply of 6 billion tokens. Within FSL products, GMT is frequently utilized to burn tokens, access specific features, and obtain various benefits.

Find Satoshi Lab (FSL) operates as a rapidly expanding web3 product development studio. The team focuses on creating enjoyable web3 applications that integrate closely with daily life, with the aim of speeding up global adoption of web3 technologies. FSL’s current lineup consists of STEPN, MOOAR, Gas Hero, and DOOAR.

STEPN is a Web3 application blending Game-Fi and Social-Fi features to motivate physical activity. Participants equip NFT Sneakers to walk, jog, or run outside, receiving tokens and mystery boxes as rewards. The project intends to foster healthier habits, contribute to fighting climate change, and onboard users to Web3.

MOOAR functions as a multi-chain NFT marketplace that gamifies trading. Users earn XP through trading activities to obtain MOOAR Boxes, which hold shards usable for unlocking Bluechip NFTs or for trading with others. Becoming a MOOAR+ member grants access to extra benefits and an improved platform experience.

Gas Hero is a web3 strategy game featuring social components and using the FSL ecosystem token, GMT. Players utilize Hero NFTs, equipping them with pets and weapons to go on adventures and collect in-game assets. The game invites users to compete for glory, wealth, and power.

DOOAR employs smart contract technology to enable cryptocurrency trading without relying on external custodians, thereby supporting liquidity and transactions within the FSL ecosystem. A 1% trading fee supports DOOAR, with proceeds directed toward facilitating the growth and development of the FSL ecosystem.

Yawn Rong, an Australian blockchain entrepreneur, established FSL in August 2021. Before this, Mr. Rong created Crypto SA, a pro-regulation auditor and crypto fund based in Australia, while also acting as an Algorand ambassador and representing the South Australian Blockchain Association. He launched STEPN alongside his partner and neighbor, Jerry Huang, a game developer who previously founded Falafel Games.

The company secured a $5 million seed investment from major crypto venture capital firms, including Sequoia Capital, Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, and DeFi Alliance, among others. Notable angel investors also contributed, such as Santiago R Santos and Zhen Cao, the Asia Partner of Republic.

The total supply of GMT stands at 6 billion, with allocation broken down in this manner:

• Move and Earn: 30%
• Ecosystem and treasury: 30%
• Private sale: 16.3%
• Launchpad sale: 7%
• Team: 14.2%
• Advisors: 2.5%

You can purchase GMT on exchanges such as Binance, OKX, Bybit, and CoinTiger, among others.