Abay GERD Token
🎉💎 Abay GERD Token distribution is LIVE! Get your hands on 1000 FREE $GERD tokens and join the financial revolution.
Abay GERD Token (GERD) is a cryptocurrency project inspired by the Grand Ethiopian Renaissance Dam (GERD) in Ethiopia. This project aims to create a digital economy based on the empowerment of the Ethiopian population. With a total supply of 120 billion tokens, each of the 115 million Ethiopians will have the opportunity to claim 1000 tokens as their share.
The Abay GERD Token project seeks to foster unity and cooperation within the Ethiopian community and contribute to the country’s development. The Grand Ethiopian Renaissance Dam is a significant infrastructure project and a symbol of Ethiopia’s progress and unity. Drawing inspiration from this remarkable achievement, the Abay GERD Token project aims to create a cryptocurrency that embodies the spirit of the Ethiopian people and their aspirations for growth and prosperity.
The Abay GERD Token has a total supply of 120 billion tokens, with a fixed decimal of 2. Each token represents one of the 115 million Ethiopians, allowing each individual to claim 1000 tokens for a total 115 billion claimable tokens. So far, a total of 1.5 billion tokens have been burned to the following contract address: 0x000000000000000000000000000000000000dead . The remaining 3.5 billion tokens are reserved for future development. The project is built on the Binance Smart Chain, utilizing the BEP20 token standard.
Token Allocation Addresses:
| 115,000,000,000 | ' National Allocation Reserve ' | 0x02a2013C569c3cF7a8bf3DFE70D97c76B44993dc |
| 1,500,000,000 | Token Burning Mechanism | 0x000000000000000000000000000000000000dead |
| 1,238,000,000 | Development Reserve Fund | 0x8bF286A0135489832300e33F57ACc7ADA2Ca8133 |
| 950,000,000 | Initial Distribution - Phase 1 | 0xAfDAaDe5b0044993813b1f06cC3F3c6C025a1F1D |
| 920,000,000 | Initial Distribution - Phase 2 | 0x2C2b19aE578425B628302Eb3c0215D2BFE3e14fd |
| 389,500,000 | Liquidity Provision - Pool 1 | 0x69d944663b294E1bDFE043d1f798076f9A342b3c |
| 1,400,000 | Liquidity Provision - Pool 2 | 0x660941bb4AA9FcBED00375673D21088A9d0C5019 |
| 1,000,000 | GERD Dignitary Reserve | 0x75F5f7d68AD14f467c935d6B375D350614F9cF68 |
| 100,000 | Claim Dispensing System | 0x61Cd2869ae3c71434daf8f51ce5B761B56AB4724 |
To ensure that each Ethiopian can claim their share of the tokens, a fair and transparent distribution system will be implemented to
ensure maximum participation.
We've designed an innovative and balanced token distribution model to both foster global interest and encourage local adoption within Ethiopia.
Our goal is to create a strong foundation for our token by ensuring it's spread amongst a diverse group of holders while also supporting our home base.
The Abay GERD Token is developed using the Solidity programming language and is based on the Binance Smart Chain. The smart contract includes essential functions such as balance checks, token transfers, and approvals. The contract ensures the secure and transparent management of the token supply.
The Abay GERD Token can be utilized in various ways, such as:
The Abay GERD Token project is a significant step towards creating a digital economy in Ethiopia, inspired by the unity and progress symbolized by the Grand Ethiopian Renaissance Dam. With a fair distribution system and a wide range of use cases, the Abay GERD Token aims to empower the Ethiopian people and contribute to the country’s growth and prosperity.
The GERD token, at the moment, does not have a monetary value attached to it in terms of traditional currencies like the dollar. This is because its true worth isn't calculated in dollars and cents, but in the shared ownership and sense of unity it fosters among Ethiopians. The value of the GERD token is intrinsically linked to the shared ownership of the Grand Ethiopian Renaissance Dam and the benefits it brings to Ethiopia and its people. As these tokens are evenly distributed among the Ethiopian population, they represent an equitable stake in this national project.
But the true potential of these tokens goes beyond immediate financial gain. The GERD tokens have the capacity to hold generational value. They are not just tokens for today; they're tokens for our children and our children's children. They represent a share in Ethiopia's progress and prosperity, which will continue to grow and develop over time.
In the future, as the GERD project progresses and yields more benefits, the value of the tokens may increase, reflecting the growing prosperity of Ethiopia. Therefore, while these tokens may not have a direct dollar value now, they hold a promise of shared wealth and progress for all Ethiopians, now and in the generations to come.
The Abay GERD Token project team encourages all participants to claim their share of tokens for free while participating in the token distribution process.
The construction of the Grand Ethiopian Renaissance Dam (GERD) was a monumental project and a testament to Ethiopian ingenuity and
determination. We would like to acknowledge and honor the individuals who played a pivotal role in turning this dream into reality.
Their unwavering commitment and dedication serve as an inspiration to us all.
In recognition of the extraordinary contributions made by certain dignitaries to the Grand Ethiopian Renaissance Dam (GERD), we are
honored to grant a symbolic token of appreciation, in the form of 1 million Abay GERD tokens, to each of these individuals.
These tokens are not deducted from the 115 billion tokens reserved for the 115 million Ethiopians. Instead, they will be
allocated from the separate pool of tokens set aside for future development. This gesture is a testament to our deep gratitude
for their invaluable contributions, their unwavering commitment, and the indelible marks they have made on this monumental
project. Their dedication and the impact they've had will forever be a significant part of Ethiopia's history.
Our first honoree is the late Engineer Simegnew Bekele. As the Chief Project Manager of GERD, his tireless efforts and dedication
played a critical role in the progress of this ambitious undertaking. Despite the many challenges that came his way,
Engineer Simegnew stood firm in his conviction, inspiring those around him with his unwavering commitment and enthusiasm.
His untimely departure was a great loss to the nation, but his legacy continues to inspire us and future generations.
We are privileged to present this token of appreciation posthumously to Engineer Simegnew Bekele, a true Ethiopian hero.
The grant of 1 million Abay GERD Tokens is a humble gesture of recognition for his immense contribution to the GERD and the
country. These tokens will remain reserved under
0x75F5f7d68AD14f467c935d6B375D350614F9cF68 until his rightful heirs come forward to claim them.
Stay tuned as we continue to recognize and honor more individuals who have made significant contributions to the GERD
project. Their dedication and the indelible marks they have made on this project will be forever inscribed in the
fabric of Ethiopian history.
Laszlo Hanyecz was a computer programmer from Florida who made history for making the first documented purchase of a physical
item using Bitcoin. On May 22, 2010, Hanyecz offered to pay 10,000 Bitcoins for two pizzas on the BitcoinTalk forum. The value
of 10,000 Bitcoins at that time was roughly $41. A forum user in the UK agreed to take up the offer and ordered two pizzas
from Papa John's for Hanyecz in exchange for the 10,000 Bitcoins. These two pizzas have gone down in history as likely being
the most expensive pizzas ever bought.
The day is now commemorated annually as "Bitcoin Pizza Day". It's an event that's held in high regard within the cryptocurrency
community, as it was a milestone that helped to legitimize Bitcoin as a means of payment. At the same time, it's also a stark
reminder of Bitcoin's incredible price appreciation over a relatively short period of time.
As of May 2023, the value of those 10,000 Bitcoins would be well over $250 million dollars, assuming Bitcoin's price is
roughly around $25,000 per coin.
