![](https://assets-currency.kucoin.com/65a7a2ed2738b90001354de1_logo-ETGM.png)
ETGM is a multi-chain inscription bot on Telegram, which offers a multifunctional platform for users. This platform enables inscriptions and aggregated transactions on several major blockchains, including Bitcoin, Ethereum, Polygon, Solana, and Cosmos.
The ETGM bot serves as a one-stop solution for managing assets across these various blockchain platforms. ETGM's approach combines the appeal of a community with an exploratory ethos, aiming to create a user-friendly digital ecosystem.
This approach is evident in its recent strategic partnership with KuCoin Labs, a significant player in the crypto industry. This collaboration aims to foster innovation in the Bitcoin ecosystem and enhance user experiences across blockchain technologies.
The ETGM Ordinals Inscription Tool is designed to embed various types of information onto the Bitcoin blockchain using Ordinals and Inscriptions technology.
This technology is not limited to just transaction data. It allows for additional content like text, images, or other types of non-transaction data to be embedded within individual Bitcoin blocks. ETGM's tool offers customized solutions for inscription on different blockchains, addressing the unique functionalities and requirements of each. Here are some key aspects of the ETGM inscription bot:
Multi-Chain Inscription Bot: At its core, ETGM functions as a multi-chain inscription bot on Telegram. Through Telegram's convenient interface, it allows users to inscribe data, including images, audio, and text, directly onto various blockchains. Currently, ETGM supports major blockchains like Bitcoin, Ethereum, Polygon, Solana, and Cosmos.
Exploration and Discovery: Beyond inscriptions, ETGM aims to foster a spirit of exploration and discovery in the blockchain world. They actively organize educational events and seminars to keep their community informed about the latest developments. This focus on learning and understanding adds a unique dimension to the project.
Community-Oriented: ETGM describes itself as a community striving to connect the world through its shared interest in digital currencies and blockchain technology. Their welcoming and friendly approach creates a sense of belonging for members.
ETGM ordinals was launched in late December 2023. The ETGM token was listed for trading on the KuCoin exchange in January 2024.
The project utilizes team names instead of real names for its core members. Some known team members include "0xd3ad", "Bard," "Koda," and "Phoenix."
One of ETGM's core values is decentralization, promoting community ownership and governance. This principle extends to the team's anonymity, aiming to prevent any single individual or entity from having excessive control over the project.
Here are the primary uses of the ETGM token within the ETGM (Ordinals) ecosystem:
Users pay inscription fees in ETGM to permanently inscribe data (images, audio, text) onto supported blockchains using the Telegram bot. Fees vary depending on the chosen blockchain and data size.
ETGM tokens are distributed to active and contributing community members through various initiatives, such as:
> Participating in educational events and seminars
> Engaging in discussions on Telegram and Discord
> Completing tasks or challenges
> Inviting new members
ETGM holders can potentially participate in future governance decisions related to the project's direction and development. This could include voting on feature proposals, fee structures, or community initiatives.
As a cryptocurrency, ETGM is traded on the KuCoin Spot Market, allowing for speculative investment and potential price appreciation. Investors purchase ETGM in anticipation of future value growth driven by project adoption and community growth. Buy, sell, or HODL ETGM only after doing your own research.
ETGM's whitepaper hints at potential future use cases, including:
> Accessing exclusive community content and events
> Staking or yield farming opportunities to earn passive income
> Payment for goods and services within the ETGM ecosystem
Period | Change | Change (%) |
---|---|---|
Today | $-0.00000119 | -5.96% |
7 Days | $-0.00000033 | -1.73% |
30 Days | $-0.00000625 | -24.98% |
3 Months | $-0.00001552 | -45.26% |
According to the ETGM whitepaper, the total supply of ETGM is set at 210 billion tokens. The token distribution is as follows:
1. Donate: 6% of the total supply, amounting to 12,600,000,000 ETGM.
2. Community: 29% of the total supply, equating to 60,900,000,000 ETGM.
3. Airdrop: 30% of the total supply, 63,000,000,000 ETGM, released over three years for eligible bot users.
4. Ecosystem: 15% of the total supply, or 31,500,000,000 ETGM, with a 1-year lockup and linear release over three years.
5. Treasury: 15% of the total supply, totaling 31,500,000,000 ETGM, with a 5-year lockup.
6. Team: 5% of the total supply, which is 10,500,000,000 ETGM, released linearly over five years.
Here are some potential advantages of adding $ETGM to your crypto portfolio:
1. Innovative Technology: ETGM's focus on multi-chain inscription technology, enabling transactions and inscriptions across various blockchains, represents an innovative approach in the crypto space.
2. Community Engagement: The project emphasizes community involvement, which could lead to a strong user base and potentially increased adoption.
3. Strategic Partnerships: Collaborations, like the one with KuCoin Labs, might enhance the project's credibility and foster advancements in its ecosystem.
4. Diverse Ecosystem: ETGM's platform aims to create a multifunctional ecosystem that could attract a variety of users and use cases.
Although the highly volatile nature of ordinals and cryptos, in general, makes it challenging to provide a reliable ETGM crypto price prediction, you could monitor the following factors better to understand the price trends in the ETGM Ordinals crypto:
1. Market Demand for ETGM Tokens: Investor interest and demand for ETGM tokens can significantly impact the ETGM price.
2. Future Developments in the ETGM Ecosystem: Innovations and updates within the ETGM platform may affect investor perception and the ETGM value.
3. Partnerships and Collaborations: Strategic alliances with other companies or platforms can influence the ETGM to USD price.
4. General Crypto Market Trends: Wider cryptocurrency market trends often impact the $ETGM price.
5. ETGM’s Community Support and Adoption: The level of community engagement and the adoption rate of ETGM's technology can play a crucial role in influencing the ETGM crypto price.