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GTON Capital: Ethereum Scaling, Multi-Collateralized Stable Coin & More

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GTON Capital is moving the blockchain industry forward with solutions for the Web3 era.

The world of crypto is new, and the most popular blockchains, namely Bitcoin and Ethereum simply aren’t the right fit for global transactional currencies. Cryptocurrencies are more popular than ever, even with the mild crypto winter.

There are many reasons why people are looking to new ideas in the blockchain space. ETH transactions are expensive, and the ETH network simply can’t scale to its current demands. People love NFTs, and as Web3 platforms become more popular, there will be an even higher demand for these tools.

In addition, major cryptos are far too volatile for use as a means of payment. With ETH topping out around $4500 on its last run, its simple to see that falls to less than $2000 make it tricky for anyone to hold ETH in the way they hold fiat cash.

GTON Capital has solutions that make cryptos scalable, and allow the use of existing networks for a variety of new applications. Let’s take a look at what GTON Capital is bringing to the table.

GTON Capital Creates Solutions

GTON Capital already has a solution for the ETH ecosystem that address all the major problems it faces.

With these three tools, people can make ETH-based transactions quickly, and at little cost. It also takes care of the wild price volatility, so people can hold assets without any concern.

The GTON Protocol has three main components, including an Ethereum rollup. Here is what the GTON Protocol offers the world of Web3 tech and beyond.

GCD Stablecoin

The GTON Capital Dollar is a stablecoin using a multicollateralized protocol to back up its value. Cryptos like Ethereum are just too volatile to use as currency, so the GTON Capital Dollar, symbol GCD, uses a soft peg to the US dollar. Its also an integral part of the GTON Network rollup.

By using algorithms coupled with smart contracts the GTON Capital Dollar maintains a soft peg to the US dollar. GCD uses other major cryptos as collateral, like BTC, ETH, and PAXG. Its architecture is like other algorithmic stablecoins, such as DAI, GHO, MIM, sUSD, LUSD, and USDP.

GTON Network

The GTON Network is an Ethereum Optimistic Rollup protocol. It uses GCD as its gas currency, and helps people save money by making transfers more efficient. GTONNet is an EVM-compatible network that supports smart contracts written for the Ethereum mainnet as well as other EVM-based networks.

In addition, GTONNet supports MetaMask wallet, HardHat and bridges, which is great for both users and devs. In some ways it is similar to Arbitrum, Optimism, Metis and Boba – but – users can make transactions in the GCD stablecoin, and avoid expensive gas fees, and market volatility.

GTON Staking

GTON Staking allows protocol contributors to gain from the developing GTONNet ecosystem. With all these tools, GTON Capital offers better solutions for a growing Web3 economy.

GTON Capital: Scalability and Beyond

GTONNet is offers devs options if they need to develop a platform that operates on a large scale. It is a L2 on top of the Ethereum mainnet, but it can be scaled recursively to L3/4 and other layers.

The practical upshot of this technology is that other businesses can run permissioned L3s on top of the GTONNet rollup, and dApps can tap the rollup if they need to scale.

GTON Capital makes it simple for other devs to create useful L3 solutions, and not worry about how to scale it on the ETH blockchain. DeFi games are a clear market for GTON Capital’s tech, and any dApp that needs fast, inexpensive transactions at-scale can use GTONNet.

Why Rollups?

So why do Ethereum rollups make so much sense?

The simple reason why rollups work is that the idea of a rollup works with reality. Even after crypto prices cooled off, ETH transactions remain expensive.

Will the merge help?

Probably, but even with a PoS architecture, Ethereum may still be more expensive than other blockchains, and it may have network congestion issues.

Enter rollups.

A rollup takes a group of Ethereum transactions, and makes them at once. By limiting the on-chain footprint of the group of transactions, costs go down, and everything speeds up.

Its true – there may be improvements in the way Ethereum works over the next few years, but rollups deal with Ethereum as it is today, and will only become more efficient as the blockchain improves.

GTON Capital Sees The Future

GTON Capital sees new ideas taking hold both in the cryptocurrency space, and the global digital economy.

With the innovations that it brings to the market, billions of users could enter the global, decentralized economy. We are looking at a new global space where people can interact, and transfer value.

To be sure, Bitcoin, Ethereum, DeFi, and NFTs acted as strong proof of concepts. Now, a new dawn is here, and GTON Capital is ready to rise with it.

The Gton App Interface

The Value Proposition

GTON Capital offers something for everyone in the decentralized ecosystem. Retail level users have access to its EVM dApp platform built on top of Ethereum. With this platform, end users save money, and help to keep the entire network flowing.

Ethereum struggles to keep up with demand – just think of Crypto Kitties, or BAYC. When something popular hits the network, there are problems for everyone. By using rollups to create more efficient transactions, everyone wins.

Anyone who contributes to the GTON ecosystem can gain stake the governance token, and earn income from their investment as network activity grows.

The GTON Capital crypto-collateralized stablecoin, ticker GCD, is another innovation that is good for everyone. By generating GCD with major tokens, users can keep their core positions, and have access to a means of transaction that outpaces both ETH and BTC.

Of course, many people won’t understand why using GTON Capital products is so much easier and cheaper than ETH, but the devs that build the GTON Capital suite will offer users a far superior technical experience, and save network load for everyone.

A Wide World for Web3

GTON Capital sees partnerships with Web3 developers as a key part of its strategy, as its tools offer so much to both devs and users. Teams who are building dApps on L2 should look deeper into GTON Capital, and consider how the tools may work with new dApps.

One major advantage that GTON Capital offers users is inexpensive gas fees that will never rise when measured against the US dollar.

People don’t want to see their costs blast higher, so the system that GTON Capital designed makes sense for platforms, like games, that aren’t used by sophisticated investors who understand how to hedge volatile assets.

At the same time, the GCD stablecoin makes sense for online businesses, as they can buy and sell in an efficient digital asset that won’t move much against the USD. While any system has risks, GTON Capital’s architecture appears to be in-line with industry norms.

The Next Generation

The first decade of decentralized blockchain technology created loads of hype, and some amazing platforms. Now, it is time to look for what can be made better, and take the tech into peoples’ daily lives.

GTON Capital sees what needs to be done, and created a few valuable tools that let both users and devs slash inefficiency, so that great blockchain ideas can grow.

If you want to learn more about GTON Capital, or talk to its team about how your project can leverage its technology, just click here for more!

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