Initial Airdrop

Breakdown of initial issuance volume

Protocol Airdrop (veGEM)

17% of the initial supply will be dedicated to airdrops to the GEM Web3 Vision cooperative protocol.

Airdrop to protocol is 4 years locked veGEM.

The list of protocols that will receive airdrops will be announced to the community as soon as it is finalized.

Airdrop for users(GEMC / veGEM)

22% of the initial supply is allocated by loyal users and their own self- and other recommendations, as well as by social media campaigns.

1.Royal user

  • Long-term locking, staking

  • Holding token for a long term

  • Active engagement in the governance, community, etc.

  • Other; the act or attitude of dedication

2.Self-recommendation/recommended by others

Please recommend yourself or recommend users who you believe are eligible to receive airdrops.

Examples include, but are not limited to, the following activities:

  • Someone with a strong history of community involvement

  • Social Media Influencers

  • Persons who seem to have a deep interest in GEM Web3 Vision

  • Person whose involvement would increase the visibility of GEM Web3 Vision

  • A person with an abundance of wallet transactions

  • The basis for saying that airdropped GEMC will not be sold immediately

You will receive a GEMC and a veGEM locked for 4 years at 30:70.

  • GEMC:50% can be billed immediately at launch; remaining 50% can be billed linearly over 3 weeks

  • veGEM:Billable immmediately at launch

Airdrop to Membership Pass NFT Minter(GEMC / veGEM)

18% of the initial supply will be allocated to NFT minters.

The breakdown is as follows:

  • veGEM(locked for 4 years):30%

  • GEMC(no locking):70%

DAO Fund and Ecosystem Grants

22% of the initial supply will be set aside in the DAO Fund to support a wide range of projects for the growth of GEM Web3 Vision.

Team

18% of the initial supply will be distributed to the team and will be involved in the long-term development of GEM Web3 Vision.

Team Allocation Balance

  • veGEM(locked for 2 years):50%

  • GEMC(Vesting straight line 4 years):50%

Initial LP

3% of the initial supply will be used to provide liquidity at launch.

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