Welcome to the official website of the GAT Foundation! The GAT Foundation is an independent, non-profit organization, responsible for the stewardship of the Global Awards Token (GAT) project.
The Global Awards Token is a crypto-currency designed to facilitate micro-transactions in the rewards and loyalty industries.
GAT is an open and secure digital unit of account. 1 billion GAT were created on 16 December 2017.
Thousands of GAT changes hands every day. GAT is used as digital currency for the exchange of shopping promotions and rewards around the world.
The record of ownership of GAT, as well as transfers of GAT, is processed by distributed software code deployed onto the public Ethereum blockchain.
The GAT software code runs autonomously and independently. By design, all transfers of GAT are irreversible.
The autonomous and irreversible nature of the GAT software makes GAT an ideal tool for many applications in the loyalty and rewards industry.
The purpose of the GAT Foundation is to promote the development of software applications and businesses to support the adoption of GAT as digital currency in the loyalty and rewards industries.
In addition to financing the development of GAT software, the GAT Foundation is also authorized to provide research and development grants to third party developers building blockchain and other applications that enhance the utility and adoption of GAT.