Token Information
GIGS is a platform that supports climate action based on individual participation, while GIGS token is used for governance and utility purposes. The total issuance is 100 billion GIGS, of which 25% will be distributed as Community Rewards to users who participate in climate action through the GIGS app. Another 20% will be allocated as reserve pool and another 10% will be used as treasury to support 3rd Green Parties based on carbon emissions saved through GIGS app.
Support for 3rd Green Parties is determined by DAO/Community of GIGS, and support for these DAO activities accounts for 20% of the total distribution of GIGS tokens. The remaining 25% will be allocated to existing shareholders, which includes investors and team members.
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