6-3. Foundation
Last updated
Last updated
GET's Foundation facilitates the distribution of tokens through project support and ensures sustainable growth of the ecosystem. By expanding opportunities for the use of GET in the entertainment market, it supports synergistic growth of users and content.
GET's Foundation provides tokens to new projects and existing entertainment companies to support their fundraising and creative activities. This facilitates new entrants and business expansion into the ecosystem and enables the realisation of diverse content.
Discovery and development of new artists, Web3 development in digital entertainment
Large-scale Metaverse live events
Global market expansion for entertainment companies
Projects receiving token grants create demand by producing content, increasing GET usage and circulation within the ecosystem. This helps stabilize and grow token value.
In order to prevent an oversupply of GET provided by the Foundation to projects and dilution of the value of the tokens, rules will be set for project selection and token provision. In addition, GET for the Foundation prior to project supply will be segregated from GET in other allocations and will not be used for any other purpose.
Projects that wish to participate in the GET ecosystem and offer tokens are subject to certain conditions to prevent tokens from being given to projects with uncertain prospects.
Voting by token holders
Submission and publication of a roadmap or white paper that includes a contribution to the ecosystem
Token holdings
Setting rules in advance for the provision of tokens to a project will curb excessive market distribution from the project.
Split the token supply into multiple installments according to the required volume
Periodic monitoring of token usage
