What Is GRIFT Token

Beginner1/15/2025, 9:07:47 AM
GRIFT is the token of the emerging blockchain project Orbit. As the 'AI Agent DeFi' created by Sphereone, it redefines the DeFi ecosystem and provides innovative solutions. This article comprehensively analyzes Orbit's technology, ecosystem, and GRIFT token.

GRIFT Introduction

GRIFT is the native token in the Orbit ecosystem. As a multi-purpose token, GRIFT is designed to provide value to all users of the platform. Users can participate in various activities on the platform using GRIFT tokens, including trading, providing liquidity, governance voting, and receiving platform rewards.

The supply and demand mechanism of the GRIFT token will be influenced by multiple factors such as the market, technological progress, and user behavior, so its economic model is dynamic, aiming to ensure the healthy growth and long-term sustainability of the platform.

Token distribution ratio (data fromOfficial Website) : 12% of the total token supply is strictly allocated as follows:

Liquidity Pool - 2%: This portion of tokens will be unlocked at the Token Generation Event (TGE). These tokens will be immediately added to decentralized exchanges (DEX) or other liquidity pools to reduce volatility and earn trading fees.

Treasury - 5%: The Treasury reserve tokens will be unlocked monthly within 5 months, with 1% released each month. These tokens will be used for platform operations, marketing, exchange listings, or to increase liquidity as needed in market conditions.

Community – 2%: 0.5% will be unlocked at TGE, and the remaining 0.5% will be unlocked every 4 months (at the 4th, 8th, and 12th months). These tokens will be used for airdrops, rewards, and community incentive programs, aiming to maintain high community engagement.

Team & Investors - 3%: These tokens will be unlocked after 12 months and released all at once. This portion of tokens represents the team’s long-term commitment and confidence in the project.

Total: 12%

The remaining 88% of the tokens have already been circulated in the market or allocated, ensuring no hidden supply, existing holders can rest assured.

Token Functions:
Mainly reflected in the platform’s functionality and value generation. In terms of platform access, token holders can obtain exclusive privileges, thereby using advanced functions, participating in community activities, and obtaining product upgrades.
In terms of repurchase and rewards, the platform will use 30% to 50% of its net income for open market repurchase operations, while also distributing rewards. These measures help to enhance the token’s value, strengthen user confidence and participation in the platform and tokens, and promote the healthy development of the entire ecosystem.

What is SphereOne?

SphereOne is an advanced cross-chain encrypted payment platform designed to make blockchain transactions seamless and efficient. By integrating advanced AI smart agents, it enables users to easily handle purchases and payments on multiple blockchains, supporting one-click checkout and instant cryptocurrency exchange. SphereOne simplifies blockchain operations, helping merchants improve conversion rates and increase customer stickiness, allowing users to easily use it without understanding the complexity of blockchain.

SphereOne redefines the accessibility of blockchain with its groundbreaking features. The platform ensures instant integration of emerging chains through smart contract orchestration, multi-intelligent agent system, and conversational trading. Developers can achieve higher innovation efficiency with intuitive AI-driven tools and SDKs. Whether you are a user or a developer, SphereOne seamlessly combines the complexity and simplicity of the blockchain world.

What is Orbit?

Orbit, launched by SphereOne, aims to build a comprehensive decentralized financial (DeFi) ecosystem, combining advanced artificial intelligence (AI) and blockchain technology to provide users with more secure, transparent, and efficient financial services. As a multifunctional DeFi platform, Orbit is not just a decentralized exchange (DEX) or asset management platform. Through the innovative Orbit Agent feature, it provides users with a new way of operation and interaction.

The goal behind Orbit is to break down barriers in the traditional financial system and provide more inclusive financial tools for global users. With its efficient blockchain infrastructure and smart contracts, Orbit can not only help users achieve free flow of funds, but also provide developers with more innovative space.

The core concept and goal of Orbit

The core concept of Orbit is to create a highly automated, decentralized, transparent, and efficient financial service platform by combining artificial intelligence and blockchain technology. Orbit is committed to eliminating many pain points in the existing DeFi ecosystem, such as high transaction fees, inefficient capital utilization, and risks associated with centralized trading platforms.

Orbit’s goals include:

  • Decentralized financial services: providing users with decentralized financial products to ensure asset security and privacy.
  • Enhanced User Experience: Achieve more efficient and convenient operation experience through smart contracts and automated trading systems.
  • AI Empowerment: With the help of artificial intelligence technology, assist users in making better investment decisions in dynamic markets.
  • Global Inclusive Finance: Breaking the limitations of geography and economic conditions, enabling global users to enjoy the benefits of decentralized finance.

Components of the Orbit ecosystem

The Orbit ecosystem consists of multiple core components, each of which is dedicated to providing decentralized financial services and achieving automation and intelligence with the support of blockchain technology.

  • Orbit Platform: The Orbit platform is the foundation of the entire ecosystem. It supports a variety of decentralized financial services, including decentralized trading, liquidity provision, lending services, and more. Through smart contracts and blockchain technology, users can complete transactions and investments without intermediaries.
  • Orbit Agent: Orbit Agent is one of the core innovations of the Orbit platform. It combines artificial intelligence and blockchain technology to provide users with automated asset management services. Orbit Agent can automatically adjust investment portfolios based on market dynamics and user risk preferences, enabling intelligent investments. Users can entrust their assets to Orbit Agent through simple operations and enjoy investment returns comparable to human management.
  • Other Core Features: In addition to basic financial services, the Orbit platform also includes a range of additional features, such as decentralized identity authentication, automatic execution of smart contracts, cross-chain transactions, etc. These features complement each other and collectively promote the efficient operation of the Orbit (GRIFT) ecosystem.

Orbit’s technical architecture and advantages

Orbit (GRIFT) adopts a highly efficient and scalable blockchain architecture that can support large-scale decentralized financial applications. Its technical advantages are mainly reflected in the following aspects:

  • AI-driven chat interface: Users only need to give simple instructions, and AI can understand and automatically execute blockchain transactions, greatly simplifying the complexity of traditional DeFi operations.
  • Dynamic Protocol Recognition: AI not only executes instructions, but also analyzes different protocols to automatically select the best trading path for users.
  • Cross-chain Functionality: Orbit supports interaction with 117 blockchains, allowing users to complete various transactions without switching between multiple wallets or complex interfaces.
  • High-speed transactions: With Orbit Agent, users can achieve fast exchanges and transfers, ensuring a smooth trading experience.
  • AI-enhanced trading: using AI algorithms to optimize trading decisions, helping users improve market performance and make smarter investment choices.

The market performance and prospects of GRIFT tokens

As the core of the Orbit ecosystem, the market prospects of the GRIFT token are influenced by multiple factors, including the development of blockchain technology, the growth of the DeFi industry, and user demand for the platform. Due to Orbit’s innovative technology combining artificial intelligence and blockchain, it has the potential to become a leader in the future DeFi field. As the DeFi market matures, more and more investors and users will realize the advantages of decentralized finance. Orbit may attract a large number of users and capital inflows, which will drive up the demand for GRIFT tokens and thereby increase its market value.

The GRIFT token has performed relatively stable recently, with a current market value of around $24 million (as of January 6, 2025). It has dropped about three times from its peak market value. Users should be cautious and aware of the risks when investing.

Click to tradeGRIFT

Summary

Orbit is not just a decentralized trading platform, it provides users with more efficient and convenient financial services through AI technology and automated systems. The GRIFT token plays a core role in multiple functions on the platform. Through the token’s diversified use, reasonable issuance and distribution mechanisms, and the balance of inflation and deflation, Orbit ensures the healthy operation of its ecosystem and provides users with strong participation incentives.

Author: Max
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

What Is GRIFT Token

Beginner1/15/2025, 9:07:47 AM
GRIFT is the token of the emerging blockchain project Orbit. As the 'AI Agent DeFi' created by Sphereone, it redefines the DeFi ecosystem and provides innovative solutions. This article comprehensively analyzes Orbit's technology, ecosystem, and GRIFT token.

GRIFT Introduction

GRIFT is the native token in the Orbit ecosystem. As a multi-purpose token, GRIFT is designed to provide value to all users of the platform. Users can participate in various activities on the platform using GRIFT tokens, including trading, providing liquidity, governance voting, and receiving platform rewards.

The supply and demand mechanism of the GRIFT token will be influenced by multiple factors such as the market, technological progress, and user behavior, so its economic model is dynamic, aiming to ensure the healthy growth and long-term sustainability of the platform.

Token distribution ratio (data fromOfficial Website) : 12% of the total token supply is strictly allocated as follows:

Liquidity Pool - 2%: This portion of tokens will be unlocked at the Token Generation Event (TGE). These tokens will be immediately added to decentralized exchanges (DEX) or other liquidity pools to reduce volatility and earn trading fees.

Treasury - 5%: The Treasury reserve tokens will be unlocked monthly within 5 months, with 1% released each month. These tokens will be used for platform operations, marketing, exchange listings, or to increase liquidity as needed in market conditions.

Community – 2%: 0.5% will be unlocked at TGE, and the remaining 0.5% will be unlocked every 4 months (at the 4th, 8th, and 12th months). These tokens will be used for airdrops, rewards, and community incentive programs, aiming to maintain high community engagement.

Team & Investors - 3%: These tokens will be unlocked after 12 months and released all at once. This portion of tokens represents the team’s long-term commitment and confidence in the project.

Total: 12%

The remaining 88% of the tokens have already been circulated in the market or allocated, ensuring no hidden supply, existing holders can rest assured.

Token Functions:
Mainly reflected in the platform’s functionality and value generation. In terms of platform access, token holders can obtain exclusive privileges, thereby using advanced functions, participating in community activities, and obtaining product upgrades.
In terms of repurchase and rewards, the platform will use 30% to 50% of its net income for open market repurchase operations, while also distributing rewards. These measures help to enhance the token’s value, strengthen user confidence and participation in the platform and tokens, and promote the healthy development of the entire ecosystem.

What is SphereOne?

SphereOne is an advanced cross-chain encrypted payment platform designed to make blockchain transactions seamless and efficient. By integrating advanced AI smart agents, it enables users to easily handle purchases and payments on multiple blockchains, supporting one-click checkout and instant cryptocurrency exchange. SphereOne simplifies blockchain operations, helping merchants improve conversion rates and increase customer stickiness, allowing users to easily use it without understanding the complexity of blockchain.

SphereOne redefines the accessibility of blockchain with its groundbreaking features. The platform ensures instant integration of emerging chains through smart contract orchestration, multi-intelligent agent system, and conversational trading. Developers can achieve higher innovation efficiency with intuitive AI-driven tools and SDKs. Whether you are a user or a developer, SphereOne seamlessly combines the complexity and simplicity of the blockchain world.

What is Orbit?

Orbit, launched by SphereOne, aims to build a comprehensive decentralized financial (DeFi) ecosystem, combining advanced artificial intelligence (AI) and blockchain technology to provide users with more secure, transparent, and efficient financial services. As a multifunctional DeFi platform, Orbit is not just a decentralized exchange (DEX) or asset management platform. Through the innovative Orbit Agent feature, it provides users with a new way of operation and interaction.

The goal behind Orbit is to break down barriers in the traditional financial system and provide more inclusive financial tools for global users. With its efficient blockchain infrastructure and smart contracts, Orbit can not only help users achieve free flow of funds, but also provide developers with more innovative space.

The core concept and goal of Orbit

The core concept of Orbit is to create a highly automated, decentralized, transparent, and efficient financial service platform by combining artificial intelligence and blockchain technology. Orbit is committed to eliminating many pain points in the existing DeFi ecosystem, such as high transaction fees, inefficient capital utilization, and risks associated with centralized trading platforms.

Orbit’s goals include:

  • Decentralized financial services: providing users with decentralized financial products to ensure asset security and privacy.
  • Enhanced User Experience: Achieve more efficient and convenient operation experience through smart contracts and automated trading systems.
  • AI Empowerment: With the help of artificial intelligence technology, assist users in making better investment decisions in dynamic markets.
  • Global Inclusive Finance: Breaking the limitations of geography and economic conditions, enabling global users to enjoy the benefits of decentralized finance.

Components of the Orbit ecosystem

The Orbit ecosystem consists of multiple core components, each of which is dedicated to providing decentralized financial services and achieving automation and intelligence with the support of blockchain technology.

  • Orbit Platform: The Orbit platform is the foundation of the entire ecosystem. It supports a variety of decentralized financial services, including decentralized trading, liquidity provision, lending services, and more. Through smart contracts and blockchain technology, users can complete transactions and investments without intermediaries.
  • Orbit Agent: Orbit Agent is one of the core innovations of the Orbit platform. It combines artificial intelligence and blockchain technology to provide users with automated asset management services. Orbit Agent can automatically adjust investment portfolios based on market dynamics and user risk preferences, enabling intelligent investments. Users can entrust their assets to Orbit Agent through simple operations and enjoy investment returns comparable to human management.
  • Other Core Features: In addition to basic financial services, the Orbit platform also includes a range of additional features, such as decentralized identity authentication, automatic execution of smart contracts, cross-chain transactions, etc. These features complement each other and collectively promote the efficient operation of the Orbit (GRIFT) ecosystem.

Orbit’s technical architecture and advantages

Orbit (GRIFT) adopts a highly efficient and scalable blockchain architecture that can support large-scale decentralized financial applications. Its technical advantages are mainly reflected in the following aspects:

  • AI-driven chat interface: Users only need to give simple instructions, and AI can understand and automatically execute blockchain transactions, greatly simplifying the complexity of traditional DeFi operations.
  • Dynamic Protocol Recognition: AI not only executes instructions, but also analyzes different protocols to automatically select the best trading path for users.
  • Cross-chain Functionality: Orbit supports interaction with 117 blockchains, allowing users to complete various transactions without switching between multiple wallets or complex interfaces.
  • High-speed transactions: With Orbit Agent, users can achieve fast exchanges and transfers, ensuring a smooth trading experience.
  • AI-enhanced trading: using AI algorithms to optimize trading decisions, helping users improve market performance and make smarter investment choices.

The market performance and prospects of GRIFT tokens

As the core of the Orbit ecosystem, the market prospects of the GRIFT token are influenced by multiple factors, including the development of blockchain technology, the growth of the DeFi industry, and user demand for the platform. Due to Orbit’s innovative technology combining artificial intelligence and blockchain, it has the potential to become a leader in the future DeFi field. As the DeFi market matures, more and more investors and users will realize the advantages of decentralized finance. Orbit may attract a large number of users and capital inflows, which will drive up the demand for GRIFT tokens and thereby increase its market value.

The GRIFT token has performed relatively stable recently, with a current market value of around $24 million (as of January 6, 2025). It has dropped about three times from its peak market value. Users should be cautious and aware of the risks when investing.

Click to tradeGRIFT

Summary

Orbit is not just a decentralized trading platform, it provides users with more efficient and convenient financial services through AI technology and automated systems. The GRIFT token plays a core role in multiple functions on the platform. Through the token’s diversified use, reasonable issuance and distribution mechanisms, and the balance of inflation and deflation, Orbit ensures the healthy operation of its ecosystem and provides users with strong participation incentives.

Author: Max
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
Start Now
Sign up and get a
$100
Voucher!