What is Glint Coin (GLINT)?

* Glint Coin (GLINT) enhances the TON Diamonds user experience in the following ways:
* Purchasing NFT on TON Diamonds marketplace with Glint Coin.
* Covering NFT trading fees on the TON Diamonds marketplace.
* Granting DAO voting rights to decide on the listing of new or other NFT collections and artists on the marketplace.

What is TON Diamonds?

TON Diamonds NFT Marketplace (**TON Diamonds**) is a specialized platform that empowers digital creators to produce and sell their art as NFTs. Users of our platform are part of a private club through TON Diamonds NFT Collection, granting them priority access to new NFT releases created in collaboration with the TON Diamonds team.

What utilities does Glint Coin have?

**Purchasing NFTs**

GLINT grants users the purchasing power for newly released NFTs on the TON Diamonds Marketplace. Holders of $GLINT can exchange it for NFTs during these events.

**A Marketplace Governed by DAO**

GLINT introduces transformative powers by shifting decision-making from a centralized team to a Decentralized Autonomous Organization (DAO). This allows the community to make decisions through voting, ensuring a more inclusive and democratic approach.

**Profit Sharing**

GLINT holders benefit from a share of 22% of TON Diamonds marketplace profits, distributed quarterly. This financial incentive aligns the interests of GLINT holders with the success of the platform.

**Staking and Influence**

GLINT can be staked, and the more GLINT you own, the greater your influence within the platform. This influence extends to decision-making and governance.

How many Glint Coins are there, and how are they distributed?

The total supply of GLINT is 22,000,000 tokens.

44% of the total supply (9,680,000) is gradually distributed between TON Diamonds NFT holders through a farming mechanic during two seasons. The first season started on May 31, 2023, and will continue until December 1, 2023. The next season will be announced in 2024.

11% of the total supply (2,420,000) was released for trading on Decentralized Exchanges.

22% of the total supply (4,840,000) is dedicated to the team, supporting the token development and promotion.

11% of the total supply (2,420,000) is reserved for burning TON Diamonds NFT. This will occur by transferring the NFT to a special smart contract (to be developed later). By doing this, the holder will instantly receive a certain amount of $GLINT that this NFT is supposed to farm during the current farming season. The burned TON Diamonds NFT becomes a property of the TON Diamonds platform and will be later returned to the market. A more detailed description of this mechanic will be announced in Q4 2023.

12% of the total supply (2,640,000) is reserved for staking rewards.

Thus, 67% of the token will not be available for direct purchase and will be distributed through farming, staking, and burning mechanics.

Where can I get GLINT?

Glint Coin is available on the TON Diamonds DEX Aggregator, which includes DeDust.io DEX and STON.fi DEX.