The GX token is the backbone of Grindery’s ecosystem, driving utility and governance across the platform. Grindery’s mission is to make Web3 easier and safer for everyone, and GX powers this vision through its integration into the consumer-facing smart wallet and the developer-centric platform.
The GX Token: Core Utility
GX token’s utility is deeply embedded into Grindery’s mission of simplifying Web3 interactions and enabling next-generation applications. It serves as the primary means of interaction and transaction across the ecosystem. Key drivers of GX utility include:
Unified Gas Token for Users
Grindery introduces an innovative cross-chain gas abstraction layer, enabling users to execute transactions on multiple networks using GX instead of native tokens. This eliminates the complexity of managing gas fees across chains, offering a seamless and user-friendly experience.
A Token for the AI Agents Economy
AI-powered agents, built using Grindery’s platform, leverage GX as a settlement layer for all transactions. Each agent is equipped with a Grindery wallet, allowing for autonomous operations powered by GX. This functionality enables automation and efficiency in workflows.
dApp Staking
Users and developers stake GX tokens to establish economic security and credibility within the ecosystem. For developers, staking demonstrates commitment and builds trust among users. For users, it provides a layer of assurance that incentivizes ecosystem participation.
Micro-Payments
The GX token facilitates micro-payments for premium services and advanced features within dApps. This granular payment mechanism supports developer monetization and enhances user experiences by providing flexible and affordable options for accessing high-value functionalities.
Community Engagement
Grindery dedicates 28% of the total GX supply to fostering community engagement. This allocation, distributed through the G1 token, incentivizes user contributions like referrals, content creation, and governance participation. By earning G1, users can redeem it for GX, directly linking community efforts to the primary token’s utility.
Token Details
Grindery X Token (GX) on Polygon:
0x8730762Cad4a27816A467fAc54e3dd1E2e9617A1
Grindery X Token (GX) on Ethereum:
0x8730762Cad4a27816A467fAc54e3dd1E2e9617A1
Grindery X Token (GX) on TON:
EQB0fJ5O13BGVJ5jtOB_MmXNLXU_oglHAHSDprYgwjsd1f21
- 1Bn - 1,000,000,000
- Name: Grindery X
- Symbol: GX
- Type: Utility, Fixed Supply
- Monetary Policy: No Inflation or deflation of token supply.
- Standard: ERC-20
- Primary Blockchain: Ethereum
- Secondary Blockchain(s): Polygon
- Optional:
- Upgradeable: No
- Buy Tax: 0%
- Sell Tax: 0%
- Open Source: Yes
GX Token Distribution
Community Allocation: Empowering Users
Because users are the foundation of Grindery, and their activity defines the value of the platform and the GX token, 28% of the entire GX token supply has been allocated to the community. This ensures that users are not just participants but key stakeholders in the platform's success. When users join Grindery, deposit assets, and interact they contribute directly to increasing the importance and use of GX. That’s why the single largest allocation of GX tokens is reserved for them—they are the lifeblood and true owners of the ecosystem.
Details of vesting terms for each community allocation can be found in detail here.
G1 Token: A Flexible Incentive Mechanism
To make user participation more dynamic and secure, Grindery has introduced the G1 token as an intermediary incentive. G1 can be earned by users through tasks, quests, staking, airdrops, gaming, and other activities and can then be exchanged for GX at any time.
This dual-token approach brings significant benefits. First, it helps mitigate Web3 risks, such as preventing abuse by automated scripts and bots that provide no real value. Second, it allows Grindery to maintain flexibility in distribution and pricing strategies, enabling the platform to adapt incentives to market conditions efficiently. Lastly, G1 serves as a testing mechanism for new platform features, ensuring everything functions smoothly before rolling out GX rewards, thereby protecting users' hard-earned tokens.
It is for this reason that so many users can earn so many tokens—G1 has already become the 5th most popular token by the number of holders on Polygon! Unlike many meme or clicker-game tokens, G1 is built around real, sustainable value: the GX token that powers the Grindery economy. The tokens distributed to users reflect the real value they bring to the platform through their engagement and activity, ensuring that rewards are meaningful and tied to the ecosystem's growth.
Token Details
Grindery One Token (G1) on Polygon:
0xe36bd65609c08cd17b53520293523cf4560533d0
Grindery One Token (G1) on opBNB:
0xe36bd65609c08cd17b53520293523cf4560533d0
Grindery One Token (G1) on TON:https://x.com/grindery_io/status/1899764605351547263
EQBBR8p4llTQbYP_iS58wiE32EPhOReevIH9mz5gP4Ow-Bqa
- 349,001,000 G1s
- Name: Grindery One
- Symbol: G1
- Type: Utility, Social token, Unlimited Supply
- Monetary Policy: No Inflation or deflation of token supply.
- Standard: ERC-20, Jettons.
- Primary Blockchain: Polygon
- Secondary Blockchain(s): opBNB, TON.
- Upgradeable: No
- Buy Tax: 0%
- Sell Tax: 0%
- Open Source: Yes
Multi-Chain Token Strategy
The Grindery ecosystem embraces a multi-chain future where users can seamlessly interact across different blockchain networks. This vision is reflected in our token strategy, which combines the power of established EVM chains with emerging blockchain networks to maximize accessibility and performance.
G1 Token Evolution
Our social engagement token, G1, has demonstrated remarkable success on Polygon, becoming one of the most widely held tokens on the network with over 3 million users. Building on this achievement, we've expanded to OpBNB, leveraging its high performance and cost-efficiency for microtransactions.
As part of our commitment to true multi-chain accessibility, we are exploring integration with TON blockchain. This strategic expansion represents our first venture beyond EVM-compatible chains, marking a significant milestone in our multi-chain journey. TON's architecture offers several advantages that align perfectly with G1's social engagement purpose:
The integration with TON will enhance our platform's performance for messaging-based interactions, offering users faster transactions and reduced costs for social engagement activities. This expansion demonstrates our platform's versatility and our commitment to selecting the most appropriate blockchain technology for specific use cases.
Future-Ready Infrastructure
Our multi-chain approach ensures that Grindery remains adaptable and ready for future blockchain innovations. Just as the internet evolved beyond its initial protocols, we envision a blockchain ecosystem where different networks serve different purposes while remaining interconnected through platforms like Grindery. This vision of interoperability allows us to optimize for both compliance and performance while maintaining our commitment to user accessibility and choice.
G1 and GX Symbiosis
The G1 and GX tokens form a synergistic relationship that drives Grindery's growth:
- G1 for Community Engagement: Users earn G1 tokens through contributions like referrals, content creation, and governance participation. These tokens can be redeemed for GX, directly linking user involvement to the ecosystem's value.
- GX for Ecosystem Utility: GX powers core functionalities, including transactions, staking, and AI-driven automation, across Grindery’s platform.
This dual-token system fosters an interconnected economic framework, incentivizing active participation while ensuring ecosystem sustainability.
Rollout
The utility of the GX token will be introduced in stages to ensure sustainable adoption:
- Community Engagement: Live for over a year, this foundational utility drives user participation through rewards distributed as G1 tokens.
- Unified Gas Token: Launching with the TGE, this feature simplifies cross-chain transactions by enabling GX to act as a universal gas token.
- dApp Staking: Planned for the next phase, staking will enhance economic security and foster trust within the ecosystem.
- Future Utilities: Advanced features, including AI-agent micro-payments and automation, are slated for release during 2025.
This phased approach ensures the ecosystem matures progressively, aligning growth with utility expansion.
Exponential Utility Growth
GX token utility increases along two critical vectors:
- User Base Growth: More users adopting Grindery’s wallet and platform drive demand for GX.
- dApp Ecosystem Expansion: As more dApps integrate into Grindery, the utility of GX scales exponentially.
This dual growth model creates a reinforcing cycle, establishing sustainable competitive barriers and positioning Grindery as a leader in Web3 innovation.
Integration with Telegram
By embedding into Telegram, Grindery accelerates adoption by accessing a vast user base. This approach prioritizes:
- Rapid integration of high-demand dApps.
- Developer access to Telegram’s ecosystem with minimal effort.
- User acquisition through seamless Web3 interactions within familiar environments.
Expansion Beyond Telegram
Future growth includes:
- Native iOS and Android apps.
- Integration with other platforms like WhatsApp and Facebook.
- Broadening hardware accessibility.
Long-Term Vision
Grindery aims to become the iPhone of smart wallets—a platform that transforms Web3 from niche to mainstream. By prioritizing GX utility, fostering developer innovation, and delivering unparalleled user experiences, Grindery positions itself to:
- Scale its ecosystem to millions of users and developers.
- Lead Web3 adoption through AI-driven and secure interactions.
- Redefine what’s possible in blockchain-powered applications.
Additional information
⚖️ Disclaimer
The information provided does not constitute financial, investment, or legal advice. Participation in the Grindery TGE is subject to applicable laws and regulations. Tokens are intended solely for use within the Grindery ecosystem and may not be available in certain jurisdictions. Please consult with a qualified advisor before participating.