[PRESS RELEASE – George Town, Grand Cayman, December 20th, 2024]

Gud Tech, Zircuit’s first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization.

In its first week, the $GUD launch has seen over 127M $ZRC tokens staked, locking a total of $9M USD in value. These early results underscore the community’s enthusiasm for a more equitable token economics model and decentralization.

The Future of AI on Zircuit is Community-Owned

Community-Centric Distribution

$GUD tokens are earned by staking $ZRC, Zircuit’s native token, allowing participants to actively engage with the ecosystem. The first distribution phase allocated 2% of the total token supply to participants within the first week, with weekly rewards continuing throughout the fair launch period.

A Fair Launch for All

Unlike traditional launches, 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit. This approach fosters a more equitable distribution, aligning with Gud Tech’’s vision of becoming a truly community-owned AI platform.

No Presales or VC Involvement

Gud Tech has consciously excluded presale or venture capital funding, ensuring the $GUD token remains in the hands of its users, not institutional investors. This model empowers the community and strengthens decentralization.

Users can stake $ZRC tokens to earn weekly $GUD rewards and actively engage in the Gud Tech ecosystem. For more information, users can visit gud.tech.

About Gud Tech

Gud Tech is the AI platform for automated finance on Zircuit, the world’s most secure AI-powered blockchain. At launch, Gud Tech delivers actionable market intelligence. Over time, Gud Tech aims to be the leading platform for AI-powered decentralized finance with new features such as a risk engine and algorithmic strategies. Powered by $GUD, Gud Tech is built on Zircuit, the AI-powered blockchain. To learn more about Gud Tech, users can visit gud.tech, and follow Gud Tech on Twitter/X @gudtech_ai

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