The cryptocurrency market woke up today to the announcement of the Presale for a new cryptocurrency coin called GoldenDolphin (GDL).
The news garnered a lot of attention, especially from those who were followers of the project group that released the token: GoldenDolphin
In this article, we will look at all the details relevant to this new coin and the project backing the coin.
Let us start by looking at what the GoldenDolphin project is.
What is the GoldenDolphin Project?
The GoldenDolphin project has become one of the most popular cryptocurrency groups in the recent few months.
The project gained a lot of attention after crossing almost 10,000 members across its telegram groups and successfully completing its private sale for the GoldenDolphin (GDL) coin.
The project got its name taking inspiration from the grace and intelligence of dolphins.
The GoldenDolphin project stands out from other similar projects for its ambitious roadmap and the innovative features that it offers.
The Project includes a play-to-earn game that allows the players to earn GDL tokens all while enjoying their captivating gaming experience.
As per their blueprint, the group also plans to make their services accessible to multiple platforms such as Solana and BEP20 in the future.
This is done to ensure the flexibility of the project and engagement with a broader audience pool.
The presale amount that is raised through their current presale event will play an instrumental role in achieving these goals.
What are the details regarding its presale event?
The Presale event organized by GoldenDolphin is set to start on July 14th.
The company is planning to sell a total of 750,000,000 $GLD tokens at a price of $0.0025 per $GLD.
The maximum contribution per person is limited to $10,000 and the minimum contribution amount is $50 per person.
The total minimum amount that the project aims to raise is $1,875,000.
This amount will be used in the further development of the platform, increasing liquidity and funding their marketing expenses.
These are the details that the GoldenDolphin group has released regarding its token presale event.
Let us now look at how the tokenomics of the GoldenDolphin network works.
Tokenomics of the GoldenDolphin network
The presale volume of 750,000,000 $GLD tokens amounts to almost 30% of all the token supply of the coin. The liquidity pool of the coin is set at 25% with its total value at 625,000,000 $GLD.
When we look at the further allocation of the tokens we can see the following figures with regard to each aspect of the project:
Development and Team: 5% of the entire token pool or about 125,000,000 $GLD tokens
Marketing and Partnerships: 10% of the token pool with a volume of 250,000,000 $GLD
Community and Rewards: 10% of the token pool at 250,000,000 $GLD tokens
Staking: 10% of the pool at 250,000,000 $GLD tokens
Airdrop: 5% of the tokens of volume 125,000,000 $GLD to be airdropped in its fourth phase.
Reserve Fund: 5% of the pool or 125,000,000 $GLD is set aside as a reserve fund to cover any miscellaneous or unexpected expenses.
These are the figures for the tokenomics environment for the GoldenDolphin (GDL) token.
Let us now look at the different phases for the distribution of the coin as planned by the GoldenDolphin Group.
Phases of development
- Phase 1
- The first phase of the coin is set to include the presale event, the marketing campaign, and the announcement of partnerships and other social events. The project is currently at this stage of development.
- Phase 2
- After the success of the coin presale, the project is set to start its app development and release its whitepaper for further development to take place in the future.
- Phase 3
- In the third phase, the group will launch programs to stabilize their app and network through a series of bug bounty programs and app testing. The project also hopes to venture into its own Decentralized Exchange (DEX) development.
- Phase 4
- Seen as the final phase of the project the fourth phase will include the launch of the full min-game and will hopefully get its coin listed in centralized exchanges.
These are all the information that is available about the 4 phases of development that the project has released as their roadmap for the future of the project and the coin.
Let us now look at what we can conclude from all the above details
The Bottom Line
The GoldenDolphin Project presale is quite promising in various aspects. The project is one of the most supported ventures in the whole crypto community.
A clear roadmap and project blueprint is something that can help an investor with matters concerning whether they should invest in the project or not.
Therefore the investor must look closely into the given details about the coin and project before enrolling for the coin’s presale.
