$GEM Tokenomics
The $GEM token is a standalone ERC-20 token that plays a pivotal role in the gembox ecosystem. Let's break down its economics and distribution:
Last updated
The $GEM token is a standalone ERC-20 token that plays a pivotal role in the gembox ecosystem. Let's break down its economics and distribution:
Last updated
Total Supply | 10.000.000 | Active |
---|---|---|
Community: 90% | 9.000.000 | At liquidity pool launch |
Team: 8% | 800.000 | 6 month cliff and 12 month linear vesting |
Marketing: 2% | 200.000 | 12 month linear vesting |
$GEM has a capped max supply of 10 million tokens, ensuring scarcity and value preservation within the ecosystem.
Emphasising fairness, 90% of $GEM's total supply, along with 1 ETH, will be placed into the liquidity pool during a community-focused launch. This approach aims to achieve accessibility and fair distribution.
This tactical initial placement sets a very low $ market cap equals to 1 ETH*0.9 and a fully diluted valuation equals to 1 ETH, establishing a price floor of 1 ETH*0.9/10000000 per $GEM token. Such an entry point is designed to encourage wide participation for early players.
The team is allocated 8% of the total $GEM supply, subject to a 6-month cliff and a 12-month linear vesting period. This ensures the team's interests are aligned with the long-term success and stability of the token.
An additional 2% of $GEM's supply is reserved for marketing, vested over 12 months. This fund is crucial for promoting gembox, driving adoption, and enhancing token value.
True to the ethos of decentralization, there are no allocations for venture capitalists or advisors—just a straightforward, fair launch to cultivate a robust and engaged community. The $GEM token's structure is crafted to balance immediate accessibility with long-term value growth, ensuring participants can join the gembox journey on favourable terms.