GGEZ1 price

GGEZ1

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GGEZ1 is a Layer 1 blockchain ecosystem specializing in the tokenization sustainability assets to create stable, transparent, and asset-backed cryptocurrencies. By combining Regenerative Finance (ReFi) principles with blockchain technology, GGEZ1 addresses two critical global challenges: combating climate change and increasing financial inclusion.

The platform facilitates real-world asset (RWA) tokenization through three core functions: a tokenization launchpad for asset owners to tokenize sustainability assets, a marketplace for sustainability-backed cryptocurrencies, and a Web3 distribution framework to ensure accessibility and liquidity across decentralized finance (DeFi) platforms and exchanges.

GGEZ1’s ecosystem first coin, the GG ReFi Coin, serves as a stable assets-backed cryptocurrency collateralized by investments in sustainability, such as clean energy, sustainable agriculture, recycling and other regenerative projects, delivering both financial returns and measurable environmental impact.

Powered by a Proof-of-Stake (PoS) blockchain built on the Cosmos SDK, GGEZ1 offers fast, low-cost transactions (6-second confirmations and fees under $0.01) and seamless interoperability with leading blockchain ecosystems.

With a clear focus on emerging markets and a mission to democratize access to sustainable investments, GGEZ1 aims to become a leader in sustainability-driven finance on Web3.

What makes your project unique? GGEZ1 stands out as a blockchain ecosystem specializing in sustainability asset tokenization. Unlike traditional fiat-based stablecoins, GGEZ1 ecosystem-created coins are collateralized by real-world sustainability assets and investments, such as clean energy generation, sustainable agriculture, waste management, and recycling.

The GGEZ1 project embraces ReFi principles, emphasizing investments that generate both financial returns and measurable positive impacts for society and the environment. This approach aligns economic growth with sustainability, creating a win-win for investors and the planet.

The project also focuses on emerging markets, aiming to attract investments in sustainability and democratize access to high-value assets. The project thesis and whitepaper highlight how sustainability assets will become the most valuable global resource and, through tokenization, can create a superior form of currency. This currency combines the price stability of stablecoins with the security of being backed by diversified real-world assets, generating both financial returns and measurable economic and environmental impact.

History of your project? The GGEZ1 project began as a vision to address two critical global challenges: the urgent need for sustainable investments to combat climate change and the lack of financial inclusion in emerging markets. Co-founders Mutaz Majdoub and Mohammed Shawamreh, fintech experts with over 20 years of experience, conceptualized GGEZ1 as a blockchain ecosystem that combines cutting-edge Web3 technology with Regenerative Finance (ReFi) principles to drive meaningful economic and environmental impact.

The project’s journey started in 2021, when Mutaz and Mohammed explored how blockchain technology and tokenization could revolutionize sustainable investments. By 2022, the team began developing the foundational infrastructure, selecting the Cosmos SDK as the backbone for the GGEZ1 Layer 1 blockchain due to its scalability, interoperability, and efficiency.

In October 2023, the team launched the Testnet, running successful simulations of asset-backed ReFi coins for over a year. This milestone demonstrated the project’s technical feasibility and set the stage for its Mainnet launch. The GGEZ1 platform gained early recognition by winning Best Pitch for the Middle East Region at the Startup World Cup in November 2023 and reaching the semi-finals at the Leap 2024 Rocket Fuel Competition in Riyadh.

By April 2024, GGEZ1 had finalized its legal structure as a non-profit foundation based in the Marshall Islands, governed as a Decentralized Autonomous Organization (DAO). This structure ensures transparency, community participation, and alignment with GGEZ1’s mission.

On November 17, 2024, GGEZ1 achieved a significant milestone with the successful launch of its Mainnet, marking the platform's transition to a fully operational blockchain ecosystem.