GMT
GMT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
The synthesis for STEPN (GMT) is subject to significant data gaps, as four out of six sections—Active Development, Community Support, Team and Governance, and Security and Audit History—returned insufficient data (-1.0) due to search cross-contamination with unrelated entities sharing the 'GMT' acronym. After excluding these four sections, the overall score is derived from Tokenomics (6.0/10) and Market and Use Case (4.5/10). Tokenomics reflects a structured deflationary framework with a fixed 6B supply, emission halvings, and burning sinks, though demand is endogenous and insider allocations are significant (~60%). In terms of Market and Use Case, GMT maintains utility across the STEPN move-to-earn ecosystem and listings on major exchanges, but has experienced severe contraction, trading down ~99.80% from its all-time high with reduced volume and market cap (~$22M). No qualifying red-flag events (exploits, hostile delistings, or regulatory actions) were affirmatively established in the provided text.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About GMT (GMT)
GMT is the governance and utility token of STEPN, a Web3 move-to-earn application developed by Find Satoshi Lab. Launched in March 2022, the token operates across several blockchain networks, including Solana, Ethereum, Polygon PoS, and BNB Smart Chain. Within the STEPN application, GMT functions as a governance token and is utilized in internal economic loops, such as minting digital sneakers, leveling up assets, and upgrading gems through built-in burning mechanisms.
The tokenomics of GMT are structured around a fixed maximum supply of 6,000,000,000 tokens created at the token generation event (TGE). The design incorporates emission halvings every three years and deflationary burn sinks driven by app usage. Approximately 60% of the total token supply was allocated to the project team, private investors, and the ecosystem treasury, governed by multi-year linear vesting schedules.
GMT has experienced a severe market contraction since its peak. The token suffered an approximate -99.80% drawdown from its all-time high of $4.11, falling to trade in the $0.0071 to $0.0073 range with a reduced market capitalization of roughly $22 million to $22.8 million. While the token retains listings on major cryptocurrency exchanges such as Binance and Bybit, its underlying demand framework remains heavily reliant on user growth and endogenous activity within the move-to-earn sector.