GUNTHY: The Blockchain License Token for Automated Crypto Trading

The GUNTHY whitepaper was released around 2019 by the Gunbot community and Gunthy Ltd., aiming to introduce a decentralized digital asset to provide license verification for the Gunbot automated crypto trading software, addressing the need for automation in the crypto market.

The theme of the GUNTHY whitepaper centers on its role as the “exclusive utility token for Gunbot automated trading software.” GUNTHY's uniqueness lies in being a utility token based on the ERC-20 standard, serving as a digital license for Gunbot software, verifying user rights to the software via blockchain technology, and supporting flexible API key management and license transfer. The significance of GUNTHY is that it offers users a secure, private, and efficient automated trading solution, enabling 24/7 strategy execution through locally run trading bots, thereby improving trading efficiency and potential returns.

GUNTHY's original intention is to provide a community-driven software solution that allows crypto traders to automate their strategies and operate around the clock without constant manual monitoring. The core idea presented in the GUNTHY whitepaper is: by using the GUNTHY token as a license verification tool on the blockchain, combined with the powerful local trading bot Gunbot, users can reliably execute diverse trading strategies while maintaining privacy and control, optimizing their trading experience on major crypto exchanges.

Interested researchers can access the original GUNTHY whitepaper. GUNTHY whitepaper link: https://gunthy.org/GUNTHY_WP_LOWRES.pdf

GUNTHY whitepaper summary

Author: Adrian Whitmore

Last updated: 2025-11-04 07:38

The following is a summary of the GUNTHY whitepaper, expressed in simple terms to help you quickly understand the GUNTHY whitepaper and gain a clearer understanding of GUNTHY.

Hello friends! Today let's talk about a blockchain project called GUNTHY. Imagine if you want to trade in the cryptocurrency market but don't want to stare at the screen 24/7—what should you do? Someone came up with a solution: use a bot to help you trade automatically. The GUNTHY project is closely related to such a “trading bot”—Gunbot.

What is GUNTHY

Simply put, GUNTHY is a digital token that acts as a “ticket” or “license” for using the Gunbot automated trading software. Gunbot is a very popular crypto trading bot that helps users trade automatically on major crypto exchanges according to preset strategies, just like hiring a tireless trader to work for you.

The main function of the GUNTHY token is to verify your eligibility to use the Gunbot software. Holding a certain amount of GUNTHY tokens is equivalent to having a license to use Gunbot.

Core scenarios:

Software license: GUNTHY tokens are the digital license for Gunbot software. If you want to use Gunbot for automated trading, you need to hold GUNTHY tokens.
Trading automation: The Gunbot software itself allows users to automate their trading strategies and improve trading efficiency, since it can run 24/7 without interruption.

Typical usage process:

If you want to use the Gunbot software, there are usually two ways to obtain GUNTHY tokens:

Purchase Gunbot license: When you buy different versions of the Gunbot software (such as Standard, Pro, or Ultimate), you receive a corresponding amount of GUNTHY tokens. These tokens are your software license.
Buy on exchanges: You can also buy GUNTHY tokens directly on crypto exchanges that support them.

Once you have enough GUNTHY tokens, the Gunbot software will recognize your license, and you can set up your trading strategies for the bot to trade automatically for you.

Project Vision and Value Proposition

The vision of the GUNTHY project is to provide a community-driven software solution for automated crypto trading and to achieve decentralized license verification.

Core problems to solve:

Pain points of centralized licensing: Traditional software licenses are usually centralized, and if the software company has issues, your license may become invalid. GUNTHY uses blockchain technology to decentralize software licensing, so even if the development team's infrastructure fails, users' products can continue to work.
Low trading efficiency: Manual trading requires a lot of time and effort and is easily affected by emotions. Gunbot automates trading to help users improve efficiency and avoid missing trading opportunities.

Differences from similar projects:

GUNTHY's uniqueness lies in its main role as a software license rather than just a currency or investment tool. Using tokens as software licenses is relatively rare in the crypto space.

Technical Features

The GUNTHY token itself is an ERC-20 token built on the Ethereum blockchain.

ERC-20 token: This is a technical standard for creating tokens on the Ethereum blockchain. It means GUNTHY tokens are compatible with various wallets and tools in the Ethereum ecosystem.
Ethereum security: As a token on Ethereum, GUNTHY benefits from the security of the Ethereum blockchain. Ethereum originally used Proof-of-Work to secure the network, later upgraded to Proof-of-Stake, further improving its efficiency and security.
Locally run trading bot: The Gunbot software itself runs on the user's local device (supports Windows, macOS, or Linux), not cloud-based. This means sensitive information like API keys (the “keys” to connect to exchanges) is stored on your own device, enhancing privacy and control.

Tokenomics

GUNTHY is the core utility token in the Gunbot ecosystem.

Token symbol: GUNTHY
Issuing chain: Ethereum (ERC-20 standard)
Total supply: According to CoinCarp, GUNTHY has a total supply of about 399,973,305 tokens, with a maximum supply of 400,000,000 tokens.
Token utility:
- Software license: The main use is as the digital license for the Gunbot automated trading software.
- Activate add-ons: In the future, GUNTHY tokens may also be used to activate Gunbot add-ons and other related products.
- License trading: Users can buy and sell Gunbot software licenses by trading GUNTHY tokens. If you want to sell your Gunbot license, just sell your GUNTHY tokens.

Price volatility: Like other cryptocurrencies, the price of GUNTHY tokens is determined by market supply and demand, fluctuates with market conditions, and does not have a fixed price.

Circulation: CoinMarketCap once reported GUNTHY's self-reported circulating supply as 0 and self-reported market cap as $0. However, other information shows that GUNTHY tokens can be obtained by purchasing Gunbot licenses or buying on exchanges.

Team, Governance, and Funding

The GUNTHY token is jointly created and developed by the Gunbot community and Gunthy Ltd.

Team features: This is a community of developers and traders dedicated to advancing trading bots and automated crypto trading strategies.
Governance mechanism: Currently, public information does not detail a specific decentralized governance mechanism (such as token voting).
Funding: Official sources do not clearly mention the project's treasury or detailed funding runway information.

Roadmap

Although no formal, detailed timeline roadmap was found, some historical milestones and future plans can be summarized from available information:

2016: Gunbot software became publicly available for the first time.
February 2019: GUNTHY token began trading on exchanges.
Continuous improvement: Gunthy Ltd. plans to continuously improve Gunbot software, release new versions, add more trading strategies, support more exchanges, and develop new bots (such as arbitrage bots).
Future license management: In the future, GUNTHY tokens will make it easier to activate Gunbot licenses, add-ons, and other Gunthy-related products.

Common Risk Reminders

Investing in any cryptocurrency project carries risks, and GUNTHY is no exception. Here are some common risk points:

Market volatility risk: The crypto market is highly volatile. The price of GUNTHY tokens is affected by market supply and demand, overall crypto trends, project development, and may rise or fall sharply in a short time.
Technical risk: Although Gunbot runs locally, any software may have vulnerabilities. Also, if the Ethereum network has issues, it may affect the normal use of GUNTHY tokens.
Project dependency risk: The value of GUNTHY tokens is closely tied to the success and development of the Gunbot software. If Gunbot loses users or competitiveness, it may affect the demand and value of GUNTHY tokens.
Liquidity risk: According to some data, GUNTHY token trading volume may be low on certain platforms, meaning you may not always be able to buy or sell tokens at your desired price.
Regulatory risk: Global crypto regulations are constantly changing. Future policy changes may impact project operations and token value.
Not investment advice: Please remember, the above information does not constitute investment advice. Always conduct thorough personal research and risk assessment before making any investment decisions.

Verification Checklist

When researching any project in depth, here are some key pieces of information you can verify yourself:

Block explorer contract address: The Ethereum contract address for GUNTHY is
0x3684b581db1f94b721ee0022624329feb16ab653
. You can check token holders, transaction records, and more on Ethereum block explorers like Etherscan.
GitHub activity: Check the Gunbot or Gunthy-related GitHub repositories to see code update frequency and community contributions.
Official websites: Gunbot's official website is gunbot.com, and Gunthy's website is gunthy.org.
Community activity: Follow Gunbot and Gunthy on social media (such as Twitter: https://twitter.com/gunbot_official) and forums (such as the Gunthy forum) to learn about community discussions and project updates.

Project Summary

The GUNTHY project is a utility token ecosystem built around the Gunbot automated trading software. By decentralizing software licensing, it provides users with a blockchain-based credential for using Gunbot. Its core value lies in empowering Gunbot's automated trading capabilities, helping users participate in the crypto market more efficiently.

GUNTHY tokens run as ERC-20 tokens on the Ethereum blockchain, benefiting from Ethereum's security. Its uniqueness is its utility as a software license, making its value closely linked to Gunbot's adoption and development.

However, like all crypto projects, GUNTHY faces risks such as market volatility and project dependency. For those interested, it is recommended to fully understand the project details and assess your own risk tolerance before deciding to participate. For more information, be sure to research official sources and community discussions yourself.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.