THE 2GT, THE 2GETHER TOKEN
What is the regulation and value of 2GT?
The 2GT token is the fundamental asset of the decentralized model that boosts 2gether’s project. Its design, as a utility token, and its issuance have been developed based on the indications of the ESMA (European Securities and Markets Authority), the CNMV (Spanish National Securities Market Commission), and the rest of European financial regulators.
The token issue price is € 0.05. The 2gether business model works fully to increase the value of the 2GT. All transactions between 2gether’s users and providers will increase the demand of 2GT, and the supply of 2GT will be fixed. The greater the number of users and transactions, the more the intrinsic value of the token will increase, and in the same way, a decrease in the demand will cause a value reduction.
Furthermore, 2gether will continue to promote initiatives to increase the demand of the 2GT by controlling its speed and supply. Some of them include: increasing 2GT rewards per transaction, promoting payments directly in 2GT by reducing costs for providers, etc.
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