GIBIL – WHITEPAPER

GIBIL WHITEPAPER

**Forge** = Participate in the event  

**Forger** = Participants  

**Blacksmith** = Awardee  

**Forged BTC** = Award  

**Airdrop pool** = Award amount  

GIBIL TOKENOMICS

GIBIL (GIB) is a digital token compatible with the ERC-20 token standard.  

GIBIL is a circulating token that is airdropping unlimited BITCOIN to our Blacksmiths. The first issuance of GIBIL is 200,000,000, and it will conditionally trigger the second mint or more based on market demand. The total issuance promised for launch to the market prohibits the project owner from participating. Initially, “5,000,000” GIBIL will be published to the market; further issuance will be triggered by three consecutive sold-out GIBIL releases. Each release will be announced, fixed at 5,000,000.

The significance of GIBIL is: “One GIBIL, One Chance to Forge BTC.”  

Each holder who forges one GIBIL gets a chance to become a Blacksmith. The more GIBIL you forge, the higher the probability of becoming a Blacksmith in each forging event. The airdrop is always in BITCOIN (BTC) for our Blacksmiths. The airdrop pool for each event will increase depending on the volume of GIBIL sold and the volume of GIBIL forged during the event period.

GFLAME TOKENOMICS

GFLAME (GFL) is a digital token compatible with the ERC-20 token standard.  

The first issuance is 1,000,000,000, while the circulation of GIBIL is maturing, and 95% of GFLAME will be distributed to our Forgers. GFLAME will trigger additional mints of 50,000,000 each. 95% of the GFLAME volume will be airdropped to Forgers, while the remaining 5% will be used to add liquidity to our secondary market and forge community. GFLAME acts as a certificate for Forgers who have participated in the forge. 

GFLAME will gain value through functional features and liquidity provisions. Forgers will receive physical and digital rewards based on their contributions. For each redemption, 5% of recycled GFLAME will be used to add liquidity, 5% will be held by GIBIL for development, and the remaining 90% will continue to be distributed to our Forgers.

THE RUNDOWN OF THE FORGE

Buy GIBIL on our website and decide which forge event to participate in (One token provides one chance to participate in the FORGE; forging more GIBIL increases the probability of becoming a Blacksmith). The airdrop pool is calculated by the Basic Pool + GIBIL sold (35%) + GIBIL Forged (65%) + Random Event. For every 5 GIBIL forged, 1 GFLAME token will be airdropped to the forged ERC-20 address (5 GIBIL forged = 1 GFLAME airdrop). 

After the airdrop pool is calculated, Forgers can vote on the number of potential Blacksmiths by joining the DAO. Each GIBIL forged represents one vote, meaning the more you forge, the more voting power you have. The more Forgers participate in the Forge, the greater the airdrop pool becomes, enabling participants to invite more Forgers to grow the community. We will hold ongoing activities to enhance the FORGE pool.

GIBIL DAO

Each time a token is forged, it counts as one vote. The more tokens you forge, the greater your voting power.

GFLAME DAO

Voting opportunities for future community development will also be available based on your GFLAME tier level.

GIBIL and GFLAME represent monetary value (including e-money); they are digital representations of financial instruments, including but not limited to capital market products, securities, shares, debentures, and commodities. 

They may represent any shareholding, participation rights (including voting rights), or interests in any entity or enterprise within the GIBIL ecosystem. They do not guarantee any entitlement to fees, dividends, revenue, profits, or investment returns, nor do they represent any form of indebtedness.

There is no guarantee or commitment to list GIBIL and GFLAME on any exchange.

DISCLAIMERS

This whitepaper and the associated websites are intended for general informational purposes only and do not constitute a prospectus, offer document, or solicitation for investment. The information herein may not be exhaustive and does not imply any element of a contractual relationship. There is no assurance regarding the accuracy or completeness of this information.

Nothing in the whitepaper or on the websites constitutes an offer by GIBIL and GFLAME to sell any tokens. The presentation of this information does not form the basis for any investment decision. 

No regulatory authority has examined or approved any of the information set out in this whitepaper or the websites. The publication, distribution, or dissemination of this whitepaper does not imply compliance with applicable laws or regulatory requirements.

NO FURTHER INFORMATION OR UPDATE

The information in this whitepaper is current only as of the version stated on the cover. Information regarding token sales, GIBIL and GFLAME functions, or business operations may change over time.