> For the complete documentation index, see [llms.txt](https://benzsteam.gitbook.io/gatsby-club/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://benzsteam.gitbook.io/gatsby-club/the-equalizer/gcc-cryptocurrency.md).

# GCC Cryptocurrency

## What is GCC ?

Gatsby Club Currency is our own cryptocurrency. It will be created on the Solana blockchain.

It's a utility and governance token for the Gatsby Club

{% hint style="info" %}
&#x20;*It is NOT an investment and has NO economic value.*
{% endhint %}

By owning a Golden Pass, you will receive GCC it each day.&#x20;

Once you have enough GCC Tokens you can buy the NFT*s* in the Gatsby Marketplace.

## How much GCC I receive by holding ?

700 GCC per Pass on a weekly basis.

## GCC Distribution

We will mint the required amount to send it to holders.&#x20;

We have 555 Golden Pass.

![](https://3437488961-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FbOKfFMGrcGtplDlJa6K6%2Fuploads%2FVjxgU3hKOelleA2vHRjN%2FGCC.png?alt=media\&token=34622e74-4f21-455b-97e0-23b4c4d07a3e)

The team allocation is only used for liquidity if needed.

## GCC Supply

GCC received :&#x20;

-By airdrop until all the VIP NFTs in the marketplace are redeemed then end of airdrop.&#x20;

-By staking&#x20;

**Max Supply : 200 millions**

We will closely monitor the evolution of the token and make any necessary changes to ensure the health of the ecosystem : max supply, airdrops, buy back, burn.

## How long do I have to hold to buy the NFTs ?

It all depends on the NFT of the Gatsby Marketplace you want to buy.&#x20;

The more expensive it is, the longer it takes.&#x20;

The following tables were build with an initial supply of 7 777 Pass.

The table below shows the number of months of HOLD required depending on the desired NFT.

| NFT Price in USD | Month holding with 1 Golden Pass |
| :--------------: | :------------------------------: |
|     5 000 USD    |              4 month             |
|    10 000 USD    |              8 month             |
|    50 000 USD    |             15 month             |
|    300 000 USD   |             25 month             |

If you hold more than 1 Golden Pass, the holding time required will quickly decrease.

Here is the same table with 3 Golden Pass NFT owned.

| NFT Price in USD | Month holding with 3 Golden Pass |
| :--------------: | :------------------------------: |
|     5 000 USD    |             1.3 month            |
|    10 000 USD    |             2.7 month            |
|    50 000 USD    |              5 month             |
|    300 000 USD   |             8.3 month            |

The table below show the price in GCC for each types of NFTs.

| NFT Price in USD | Price in GCC |
| :--------------: | :----------: |
|     5 000 USD    |  12 400 GCC  |
|    10 000 USD    |  24 800 GCC  |
|    50 000 USD    |  46 500 GCC  |
|    300 000 USD   |  77 500 GCC  |
