GM.AI Founder Announces Compensation Plan for Investors and Presale Participants, Including On-Chain Buyback, Additional Airdrop, etc.

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September 19, 2024
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Mars Finance News: gm.ai Founder Dexter Announces Compensation Plans and Future Plans for GM Investors

Dexter, founder of Whales Market and gm.ai, has released a statement on X outlining detailed compensation plans and future plans for GM investors and presale participants.

Short-Term Actions:

  • Buyback Program: To improve liquidity and boost GM's growth, the team will conduct direct on-chain buybacks. All buyback wallets will be made public for transparency.
  • Additional Airdrop for GM Investors: A portion of the GM tokens acquired through buybacks will be airdropped to presale participants or early buyers who sold GM at a loss. Further details will be announced.
  • Liquidity and Trading Volume Partnerships: Tier-1 market makers have been introduced to ensure liquidity and trading volume.

Long-Term Actions:

  • Partnership with Asian Crypto & AI Fund/Accelerator: A soft agreement has been reached with an Asian cryptocurrency and AI fund/accelerator. Due to the current situation, they wish to remain anonymous until the team proves that past issues have been successfully addressed. Here’s an overview of the partnership:
    • The fund will provide resources and funding to the team to continue launching AI and crypto products in exchange for equity/shares.
    • The only condition for the deal is that gm.ai successfully implements the compensation plan and continues to make progress in the development of the gmAI model and research and development of new product ideas.
    • In the long run, any generated revenue will also be reinvested in the compensation plan. This will naturally create value for token holders once the plan concludes.
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