$GEAR Tokenomics Overview: (Launched May 2022)
- Current Circulation: Just over 3 million $GEAR tokens.
- Future Outlook: Expecting a rise to 5 million minted by the $METEOR TGE in early 2025, capped at 9.7 million overall.
- Daily Emission: Approximately 6,000 $GEAR tokens are released daily, with the quantity directly tied to two-thirds of staked Near Tinker Union (NTU) NFTs. This mechanism ensures the gradual growth of $GEAR's supply. Higher ranked NFTs earn more $GEAR. See the emission rates here.
- Monitoring $GEAR: Stay updated on $GEAR’s market activity via DEX Screener and explore holder stats on NearBlocks.
$GEAR Value Proposition:
- Originating from the Near Tinker Union, the premier NFT collection on Near, $GEAR was initially launched as a staking reward. Its utility has expanded significantly with the evolution of Meteor Wallet, which began as an NFT collection.
- Our strategy involves leveraging Harvest Moon, an idle game integrated with Telegram Wallet, to boost user engagement and reward acquisition through $MOON tokens, thereby granting $GEAR holders significant advantages.
- $MOON = $METEOR airdrops
- đź“śMeteor Backstory: From NFT Collection to Leading Wallet
Harvest Moon's Impact:
- Aiming to simplify DeFi entry for NEAR users with $MOON tokens, setting the stage for the $METEOR token launch.
- Key Dates:
- Beta Launch: March 22, limited to 4,000 players.
- Phase 2: March 28, enabling each beta player to invite three friends,
- Public TBA
Meteor Wallet: A NEAR Ecosystem Pillar:
- As creators of the Near Tinker Union NFT collection and MyNEARWallet, Meteor Wallet is a beacon of innovation, supporting over 400,000 accounts (over 120K active in Feb) and facilitating more than $1 million in weekly swaps.
Looking Ahead with Meteor: