FAQ

Giant Token FAQ | Frequently Asked Questions About the Giant Token Ecosystem

Frequently Asked Questions (FAQ)

Giant Token Ecosystem

1. What is Giant Token ($GTAN)?

Giant Token ($GTAN) is a decentralized African charity-focused digital asset built to power transparent donations, secure digital wallets, and sustainable Web3 utilities. Every transaction is designed to support real social impact while strengthening blockchain adoption.


2. What is the Giant Token Ecosystem?

The Giant Token Ecosystem consists of interconnected platforms, including:

  • Giant Token ($GTAN) – the core utility and charity token
  • Giant Wallet – a secure crypto wallet for storing, sending, receiving, and donating
  • Giant Launchpad – a platform for launching trusted blockchain projects
    Together, they create a unified system for finance, charity, and innovation.

3. What makes Giant Token different from other crypto projects?

Giant Token is built with purpose and accountability. Unlike speculative-only tokens, GTAN focuses on:

  • Charity-driven utility
  • Transparent donation tracking
  • Long-term ecosystem development
  • Africa-first, global-ready vision

4. How does charity donation work in the ecosystem?

Charity donations are powered directly through Giant Wallet using $GTAN.
Users can:

  • Donate to approved NGOs and foundations
  • View total ecosystem-wide donations
  • Trust that donations are recorded on-chain for transparency

5. Is Giant Token only for charity?

No. While charity is a major pillar, Giant Token also supports:

  • DeFi utilities
  • Secure transactions
  • Project launches via Giant Launchpad
  • Community-driven ecosystem growth

6. What is Giant Wallet?

Giant Wallet is a secure, non-custodial digital wallet that allows users to:

  • Store cryptocurrencies
  • Send and receive assets
  • Donate using $GTAN
  • Interact with ecosystem features

Users retain full control of their private keys.


7. What is Giant Launchpad?

Giant Launchpad is a project incubation and launch platform that helps legitimate blockchain projects gain visibility, trust, and access to the community, while maintaining security standards.


8. Is Giant Token safe to use?

Giant Token prioritizes security through:

  • Smart contract best practices
  • Secure wallet architecture
  • Transparent on-chain transactions
    However, users are advised to practice personal security, such as safeguarding private keys.

9. Can I stake Giant Token ($GTAN)?

Yes. Staking features are being developed and tested to allow users to earn rewards while supporting ecosystem stability. Official announcements will be made when staking goes live.


10. Is Giant Token an investment?

Giant Token is a utility token, not a guaranteed investment. Participation should be based on understanding the ecosystem’s purpose and utilities. Users should always do their own research (DYOR).


11. Where can I get official updates?

Official updates are shared through:

  • The Giant Token website
  • Verified social media channels
  • Community platforms such as Telegram

Always rely on official sources to avoid scams.


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12. What is the burn rate of $GTAN?

$GTAN uses a controlled burn mechanism designed to support long-term value.

  • 1% of every sell transaction is permanently burned
  • 1% of every sell transaction is added to liquidity

This means 2% total on sell transactions only, helping reduce circulating supply while strengthening market liquidity.


13. Does the burn apply to buys or wallet-to-wallet transfers?

No.

  • No burn on buys
  • No burn on wallet-to-wallet transfers
  • Burn applies only on sell transactions

This ensures normal usage, transfers, and staking are not penalized.


14. Where are burned $GTAN tokens sent?

All burned $GTAN tokens are sent to a dead (irrecoverable) wallet address:

0x000000000000000000000000000000000000dEaD

Once tokens are sent there, they are permanently removed from circulation and cannot be accessed by anyone.


15. Does $GTAN have reflections for holders?

No. $GTAN does not use reflection mechanics.

Instead:

  • Holders benefit from price appreciation
  • Additional $GTAN rewards are earned only through staking

This avoids inflationary pressure often seen in reflection-based tokens.


16. How does staking $GTAN work?

When you stake $GTAN on the Giant Launchpad:

  • Rewards come from a portion of ecosystem revenue
  • Specifically, fees generated from the Giant Launchpad are used to:
    • Buy back $GTAN
    • Distribute it to stakers

This creates real yield, not token inflation.


17. Is there a maximum wallet holding limit for $GTAN?

Yes.

To promote decentralization and prevent whale dominance:

  • There is a maximum percentage of total supply any single wallet can hold
  • Certain system wallets (liquidity, staking, launchpad) may be excluded

This helps protect the ecosystem from manipulation.


18. How does $GTAN support charity initiatives?

A portion of transaction fees is automatically routed to a charity wallet.

These funds are:

  • Converted to Nigerian Naira
  • Distributed through state ambassadors
  • Used for direct community charity projects (villages, widows, education, relief)

19. Who manages the $GTAN charity wallet?

The charity wallet is managed by the Giant Token Charity Foundation, which is:

  • A registered NGO in Nigeria
  • Legally recognized under Nigerian law
  • Operates a verified Naira bank account for transparency and accountability

20. Is the Giant Token Charity Foundation legally registered?

Yes.

The Giant Token Charity Foundation is:

  • Registered with the Corporate Affairs Commission (CAC) of Nigeria
  • Compliant with Nigerian NGO regulations
  • Authorized to carry out charitable activities and receive donations

💰 Tax Benefits of Donating or Holding $GTAN

(Educational Guide – Not Tax Advice)


21. Can I deduct $GTAN donations from my taxes?

This depends on your country’s tax laws.

In many jurisdictions:

  • Donating crypto directly (instead of selling first) may help avoid capital gains tax
  • Some donors may qualify for deductions if donating to a recognized charity

Always consult a qualified tax professional.


22. What is the tax advantage of donating $GTAN instead of selling it first?

In some countries (like the US and UK):

  • Selling crypto may trigger capital gains tax
  • Donating crypto directly can sometimes:
    • Avoid capital gains
    • Maximize the value donated to charity

Rules vary by jurisdiction.


23. How are $GTAN charity funds handled in Africa?

For African operations:

  • Funds are converted to local fiat (Naira)
  • Used directly for on-ground charitable work
  • Managed through a registered Nigerian NGO

This ensures compliance with local laws and transparent use of funds.


24. Does holding $GTAN generate taxable reflections?

No.

$GTAN:

  • ❌ Has no reflection rewards
  • ✅ Uses staking-based rewards only

Tax events may occur only when rewards are claimed, depending on your local laws.


25. How is staking income treated for tax purposes?

Generally:

  • Staking rewards may be treated as income at the time of receipt
  • Future price changes may trigger capital gains when sold

This differs by country and regulation.


26. Which regions should investors pay special attention to for tax rules?

Tax treatment differs across regions, including:

  • 🇺🇸 United States (IRS)
  • 🇬🇧 United Kingdom (HMRC)
  • 🌍 Africa (Nigeria, Ghana, Kenya, and others)

Local regulations should always be reviewed.


27. Does Giant Token provide tax advice?

No.

All information provided is:

  • Educational only
  • Not legal, tax, or financial advice

Users are encouraged to consult licensed professionals.


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28. How can I contact support?

You can reach the Giant Token Ecosystem Support Team through the Support & Help Center on the website for assistance related to the wallet, token, or ecosystem services.