The GAT Foundation is an independent, non-profit organization headquartered in Singapore. The GAT Foundation has no share capital, no profits given to individuals, and no private inurement.
The Foundation and its assets are managed by a board of independent governors. The role of the Board of Governors is to ensure that the objectives described in the GAT Whitepaper are duly implemented.
As a non-profit organization, the GAT Foundation operates independently in accordance with its charter documents. The Foundation’s charter sets out policies and regulations for, among other things, the stewardship of crypto-currency assets created and collected during the GAT token distribution process from 16 December 2017 to 7 January 2018.
The software for the Global Awards Token was deployed on the Ethereum main network on 16 December 2017 01:35:58 AM +UTC at block height 4740059. On deployment, a fixed, non-inflationary supply of 1 billion GAT was created. All transfers of GAT are processed autonomously through the decentralized contract code deployed on the Ethereum main network.
The software code of the GAT Contract is freely available, and may be viewed here along with a full history of transactions on the GAT ledger.