GoMeat 2021 — Year in Review
A summary of events
GoMeat Token (GOMT) was launched in June 2021 with the vision to revolutionize the $1.7 trillion global (Halal + Kosher) market. With transparency and traceability as its primary goal, GoMeat set out to empower the specialty meat industry.
Token Uses
The GoMeat Token can be used on our platform to place meat, grocery & food orders. Users also avail of free delivery and lucrative discounts when paying with GOMT. You can also earn extra tokens by referring the GoMeat App to your friends. Our token burn mechanism ensures that token value increases over time. GoMeat Token can also be traded for other crypto assets.
Token Soft Cap (ICO) $250,000 — Achieved in Pre-ICO
Token Hard Cap $1,565,250 — Achieved at the end of the ICO
ICO
Pre-Sale (24th Jun — 16th Aug 2021)
The pre-ICO, which was supposed to run until August 24, 2021, ended two weeks early, with all 400K GOMT sold out.
Tier 1 (25th Aug — 14th Sep 2021) Each GOMT was sold at $1 with a 20% bonus on all purchases.
Tier 1 (25th Aug — 14th Sept)
In just 3 days of the launch, over 520K GOMT were sold. ICO Tier 1 sold out completely 5 days before the deadline, giving our ICO a significant boost in the right direction. The first tier started off at $1 per GOMT and a 15% bonus on all purchases.
Tier 2 (17th Sep — 6 Oct 2021)
With a 10% price increase, 1 GOMT was sold at the price of $1.10. The GoMeat ICO Tier 2 concluded with over 87 percent of the GOMT planned to be sold. The unsold tokens were moved to Tier 3.
Tier 3 (7th Oct — 27th Oct 2021)
The GoMeat ICO Tier 3 was scheduled to run for 20 days, but it sold out 5 days early, marking the end of the ICO main event.
Token Referral Program
Buyers could generate their own referral links to share with friends and family. To benefit from the referral reward system, users were required to sign up using a referral link. For every GOMT purchase made using the link, 5% (of the transaction) bonus tokens were given as referral rewards.
Hydra Steaking Incentives and Dashboard
To further strengthen the Hydra ecosystem and to allow our community to benefit from the High APR, GoMeat introduced Hydra Staking Incentives, or “Steaking” as our amazing community likes to call it on Aug 8, 2021. Users who had already made investments as of Aug 6 in the non-Hydra token were also able to participate, based on average Hydra value on the date of their investment.
All HYDRA collected during the ICO have been staked and the rewards will be shared with Hydra investors in the form of GOMT tokens. A Staking Reward Dashboard has been developed where investors can track the staking rewards and corresponding GOMT.
EVENTS
The Blockchain Event 2022
GoMeat Signed on as a Platinum Sponsor for The Blockchain Event 2022, Part of the #TECHSUPERSHOW to be held on 8–11 February 2021, in Fort Lauderdale, Florida, USA. https://www.itexpo.com/east/shownews/articles/450449-gomeat-signs-as-platinum-sponsor-the-blockchain-event.htm
Bitcoin 2022
GoMeat will be showcasing in Bitcoin 2022, largest blockchain-related event in US. It will bring together over 35,000 Bitcoiners from around the world to socialise and network on 6–9 April, 2022 in Miami Beach, Florida, USA. Buy your tickets using the code “GOMEAT” and get 10% off! https://b.tc/conference/
LISTING
Hydra DEX
GOMT listed on Hydra DEX on 16th of November, 2021. Hydra to GOMT conversions can now be made through the HydraDex.org interface. Simply connect your browser extension wallet and enter the amount you want to trade. $GOMT listed at the launching price of $1.15 with a liquidity pool of $20k. https://explorer.hydrachain.org/contract/1f487cf98b69d4dc43592bca5b89751c146652ff/
BitMart
GoMeat will be listing on BitMart in February 2022 and will be available for trading. https://twitter.com/BitMartExchange/status/1466782389988958211?s=20
MARKETING
Interdependence Public Relations
Public Relations is an integral part of every business. GoMeat hired Interdependence; one of the top PR firms in the US. https://www.interdependence.com/
Thanksgiving and Christmas Promotions
GoMeat geared up with an intensive Marketing plan and Promotional campaigns for Thanksgiving and Christmas.
GoMeat Giftcards
GoMeat Gift Cards have been launched so you and your loved ones can shop on the GoMeat App using Bitcoin! Simply Log on to https://gomeatservices.com and click on the “BTC Accepted Here!” button. https://gomeattoken.medium.com/buy-gomeat-giftcards-using-btc-436315cb1a2e
TOKEN BURNING
Meaty — the Bot
Meaty the bot, an automated telegram bot was launched to report all orders placed on the GoMeat App along with their projected burn and the current price of GOMT on Hydra Dex.
Scheduled Burn
Over 5000 GOMT have been scheduled to be burnt in 2021, exceedingly the 4000 expected burn mark. All GOMT scheduled to be burnt will finally be burnt on 3 January 2021.
Burn Rate
From 1st January 2022, the burn percentage will be increased from 3% to 4%.
MEDIA MENTIONS
OTHER MILESTONES ACHIEVED IN 2021
- Over $300K reached in gross volume
- Over 500 stores onboarded across multiple states in the US
