What is GoPlus Security (GPS)? How it Works, Features, Tokenomics, and Price

Security remains one of the biggest challenges in the Web3 world. From malicious smart contracts and token scams to wallet approvals that can be abused, GoPlus Security (GPS) offers a unique approach.

What is GoPlus Security (GPS), and why is this project starting to generate so much buzz? Read this article to learn everything you need to know, including how it works, key features, tokenomics, and pricing!

Key Takeaways

• GoPlus Security (GPS) is building the first decentralized security layer for Web3.
• The system is open, permissionless, and can be integrated into various blockchains.
• GPS tokens play a vital role in the on-chain security ecosystem.

What is GoPlus Security (GPS)?

Image Source: GoPlus Security

GoPlus Security (GPS) is a Web3 project focused on building a decentralized security layer for the entire blockchain ecosystem.

Unlike centralized security solutions, this project is designed to be usable by anyone, on any network, without special permissions.

Simply put, GoPlus Security acts as a "guardian" for on-chain transactions. Every user interaction, from connecting a wallet to approving a token to executing a swap, can be analyzed for risk in real time.

The project leverages a combination of AVS (Actively Validated Services) and AI-powered security technology to detect potential threats before transactions are actually executed.

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How GoPlus Security (GPS) Works

GoPlus Security (GPS) It works by performing risk analysis throughout the user's transaction lifecycle. This means protection doesn't just occur at one point, but from start to finish.

Some of the main approaches of this project include:

- Analyze smart contracts before interaction.

- Detection of risky tokens and honeypots.

- Monitoring approval wallet.

- Address and contract reputation assessment.

All this data is processed in a decentralized manner and can be accessed by various Web3 applications.

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GoPlus Security (GPS) Key Features

Here are some of the main features of GoPlus Security (GPS):

1. Decentralized Security Layer: GoPlus doesn't rely on a single server or entity. Its system is designed to be open and usable across chains.

2. Easy Integration for Web3 Projects: Developers can directly integrate GoPlus into their DApps to enhance user security without any hassle.

3. AI-Powered Risk Detection: AI technology is used to read new threat patterns, rather than just relying on static databases.

4. User-Driven Architecture: Users and communities play a role in the ecosystem, not just as passive users.

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Tokenomics GoPlus Security (GPS)

GPS token has become an important part of the GoPlus ecosystem. Here's the token allocation:

Community: 24,67%

Team: 20,00%

Investor: 19,33%

Ecosystem: 10,00%

Airdrop: 10,00%

Liquidity: 7,00%

Marketing: 6,00%

Advisor: 3,00%

GoPlus Security (GPS) tokenomics shows a significant focus on community and long-term development.

Meanwhile, here is the token unlock status:

Open token:approximately 4.53 billion GPS (±45%)

Locked token:approximately 5.46 billion GPS (±55%)

This means that supply will continue to increase over time, so investors need to pay attention to the unlock schedule.

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GPS Price Today

Image Source: Coinmarketcap

Based on the latest chart, GPS price today is trading around $0.008 with a daily increase of around 19%.

24-hour trading volume has seen a significant increase, indicating considerable market interest. GPS's current market cap is in the tens of millions of dollars, with holders reaching hundreds of thousands of addresses.

This price movement suggests that GPS is gaining attention, likely due to the resurgence of the Web3 security narrative.

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Conclusion

So, what is GoPlus Security (GPS)? In short, this project is a serious effort to build a security foundation in the still-fragile Web3 world.

With its decentralized approach, AI support, and focus on user experience, GoPlus has the potential to become the on-chain security standard of the future.

However, users and investors still need to do their own research before making a decision.

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FAQ

What is the main function of GoPlus Security?

GoPlus serves as an on-chain security layer to detect transaction and smart contract risks.

Is GoPlus Security free to use?

Some services are free to access, especially for users, while advanced integrations depend on project needs.

What is the GPS token used for?

GPS tokens are used within the GoPlus ecosystem, including incentives, governance, and security utilities.

Is GoPlus only for one blockchain?

No. GoPlus is designed to be usable across blockchain networks.

Is GoPlus Security suitable for beginners?

It is very helpful for beginners, because it can provide risk warnings before a transaction is made.