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GMR Finance (GMR) a BSC Moonshot? by agr8buzz

View this thread on: hive.blogpeakd.comecency.com
· @agr8buzz · (edited)
$20.88
GMR Finance (GMR) a BSC Moonshot?
**24 Hour Trading Vol of $32,233,085 is a good start for a token only a couple days old. DeFi + NFT's + Gaming = Potential BSC moonshot?**

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"A moonshot, in a technology context, is an ambitious, exploratory and ground-breaking project undertaken without any expectation of near-term profitability or benefit and also, perhaps, without a full investigation of potential risks and benefits." [-techtarget.com](https://whatis.techtarget.com/definition/moonshot)

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https://capitalcampaignmasters.com/wpsys/wp-content/uploads/2018/07/capital-campaign-moonshot.jpg
[source](https://capitalcampaignmasters.com/wpsys/wp-content/uploads/2018/07/capital-campaign-moonshot.jpg)

**Came across GMR Finance this morning scanning through BSC moonshot posts, and probably just lost a few dollars acquiring a small bag.** 

Combine DeFi, NFT's, Gaming and a solid dose of greed and speculation and I'm probably going to be a sucker for that 9/10 times, it is what it is.

![image.png](https://images.hive.blog/DQmT2EwJdbXzkyKksaxg5xgB8JJDpraEtYZw5zaPWuSD3FG/image.png)

*Contract Address: [0x0523215DCafbF4E4aA92117d13C6985a3BeF27D7](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x0523215DCafbF4E4aA92117d13C6985a3BeF27D7)*

### GMR Finance

Right now [GMR Finance](https://gmr.finance/) is essentially a website with a road map, an audited smart contract on BSC, and a token barley 24 hours old with [$300M in trading volume](https://www.coingecko.com/en/coins/gmr-finance) through [Pancakeswap](https://pancakeswap.finance/). 

GMR is another Fair Launch token, a process that can be described as simply having a publicly announced launch without any form of pre-mine.

#### GMR Finance Roadmap Features

I did read through the brief read map and smart contract audits shortly after buying a small bag. A few things that I liked the sounds of include..

 - Earn GMR passively by holding (10% fee redistributed: 5% to holders, 3% burn, 2% to LP).
 - Future staking through LP's
 - Gamer Vault (what may amount to social media profiles for content creators).
 - NFT creation platform.

**Things I did not like:**

 - "Ensure trust in the team as they have notable control in the ecosystem and control the burn wallet. We advise renouncing ownership after a successful launch".

This a note from one of their two security audits, and an important one that should remind us that a project like this could go south real quick and still requires a level of trust.

![image.png](https://images.hive.blog/DQmToz6HQz2KpZ6EDcsCy3i44C7oTfysBC4taRbWT3fWBaG/image.png)

**GMR Finance - Live AMA - 07th May 2021**

The CEO did a live AMA just recently and will apparently continue to appear on their twitch channel for regular updates in the future. You can catch the AMA below..

https://www.youtube.com/watch?v=cthBHRup1fc

### High Risk

It's high risk, it's a moonshot and maybe not even a good one. It's also a very small amount of money so I'll chalk this one up to some Saturday morning entertainment and let the rest work itself out.

**Have an awesome weekend wherever you are**👊 

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##### ✨ [10 LEO up for grabs here, will DOGE pump or dump after Musk appears on SNL...?!?](https://leofinance.io/@agr8buzz/cryptocurrency-is-promising-but-please-invest-with-caution-elon-musk)

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Ciao for now,

@agr8buzz

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This post was shared to [Publish0x here]

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Social Links: [LeoFinance](https://leofinance.io/@agr8buzz) | [Publish0x](https://www.publish0x.com/agr8buzz) | [D.Buzz](https://d.buzz/#/@agr8buzz) | [Noise.Cash](https://noise.cash/u/agr8buzz)

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### Additional LeoFinance Content:

 - ##### [What is Theta Network (THETA)?](https://leofinance.io/@agr8buzz/what-is-theta-network-theta)
 - ##### [Not Too Late To Make Money This Bull Market!](https://leofinance.io/@agr8buzz/not-too-late-to-make-money-this-bull-market)
 - ##### [Crypto Portfolio Rebalance Check-Up (4 Months later)](https://leofinance.io/@agr8buzz/crypto-portfolio-rebalance-check-up-4-months-later)
 - ##### [Alternative Operating Systems For Increased Privacy](https://leofinance.io/@agr8buzz/alternative-operating-systems-for-increased-privacy)
 - ##### [SAFEMOON Raises $1 Million to Build Crypto Exchange](https://leofinance.io/@agr8buzz/safemoon-raises-usd1-million-to-build-crypto-exchange)


<br>

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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@agr8buzz/gamer-finance-gmr-a-bsc-moonshot)
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@rob23 ·
I'll take a look @ it why not LOL

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@agr8buzz ·
Flood of new projects on BSC, i expect most to fail over the long term, but hopefully a couple gems in there somewhere..

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@agr8buzz/re-rob23-7vct1w)
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@rob23 ·
90% of startup businesses fail, I can only imagine the numbers are more drastic with crypto. that being said, the ones that succeed are remembered forever

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