Announcements Gate.io Startup Initial Free Offering: Gems(GEMS) and Announcement of Free Distribution Rules (783,699 GEMS free of charge)

Gate.io Startup Initial Free Offering: Gems(GEMS) and Announcement of Free Distribution Rules (783,699 GEMS free of charge)

2024-08-17 01:37:45 UTC 19982 Read

GEMS/USDT + 3.00%

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io has launched the “Startup Project Free Airdrop Program” in order to reward users. Free airdrops for potential blockchain projects will be launched in Startup from time to time, where users can get a variety of tokens via airdrop benefits.
User’s participation funds will not be deducted for Startup project Gems(GEMS) free airdrop.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1776" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

**1.How to Participate:**
Step 1: Login to your Gate.io account(Complete KYC2 verification)
Step 2: Hold no less than 10 USD of spot asset
Step 3: Click “$0 Free to Claim”

**2.Gems(GEMS) Startup Participation Rules**
Duration: 06:00 AM 18th August, 2024 - 06:00 AM 20st August, 2024 (UTC)(Orders placed by qualified users within the subscription period will be treated equally.)
Trading starts time: 10:00 AM 20th August, 2024 (UTC) (Trading pair: GEMS/USDT)
Fundraising Goal: $50,000 USDT
Startup Supply: 783,699 GEMS
Unlocking Rule: 100% Unlock
Participation Requirements: Complete KYC2 verification and the value of spot asset balance held is not less than 10 USD.
Startup Participation Rules:
(1) The higher the VIP level, the more Startup airdrop shares can be claimed. Each user can receive up to 8,000 shares. For specific information about available shares, please refer to: https://www.gate.io/announcements/article/37836 
(2) Non-VIP Users can join the lucky draw of free airdrop by holding no less than 10 USD of spot assets, whether the Non-VIP Users win or not will be announced at the end of the project subscription. A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
(3) The user’s VIP level will be checked when the tokens are distributed. The actual share per user will receive is calculated according to the VIP Level when distribution happens.
(4)Announcement of results: After the subscription ends, the system will count all eligible subscription order and distribute the project tokens accordingly. Tokens for VIP users will be distributed according to the ratio of their valid subscription amount to the total valid subscription amount, while Non-VIP users will have a portion of lucky users randomly selected to evenly distribute the airdrop quota. The subscription results will be announced before listing.
Note: That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
Learn more about the rules for available shares of different VIP levels: https://www.gate.io/announcements/article/37836 
Check participation tutorial: https://www.gate.io/help/guide/functional_guidelines/22401/how-to-participate-in-startup

**3.Project Information** (The information below is provided by the Gems(GEMS) team. Please follow the website for more information）
(1)Introduction：
Gems is your exclusive gateway to the future of cryptocurrency investments.

Positioned at the forefront of the digital asset revolution, Gems is committed to identifying only the most visionary and technologically advanced blockchain projects—those with the potential to redefine entire industries.

Our rigorous and selective due diligence process ensures that only a select few projects gain access to our platform, making it an elite space where innovation truly thrives.

Backed by a global network of over 3,500 community managers  across 140 countries and a track record of raising over $196 million, Gems offers early-stage ventures unparalleled support, creating a dynamic synergy that accelerates the adoption of groundbreaking ideas and delivers exceptional returns. To be a project on Gems is to be part of an exclusive circle of future industry leaders.

More details:
(2)Token name: Gems
(3)Token symbol: GEMS
(4)Max Supply: 838,793,459.252423806216326974
(5)Token Type: ERC-20 
(6)Token Contract: https://etherscan.io/token/0x3010ccb5419f1ef26d40a7cd3f0d707a0fa127dc 
(7)Token Distribution and Unlocked Rules:
*Team: 15%
6 Month Cliff, linear vesting over 24 months

*Advisory: 3% 
6 Month Cliff. Linear vesting over 12 months

*Community incentives:7%
Linear vesting over 24 months

*Liquidity Provision: 10%
TGE: 100%

*Private Sale: 15%
TGE: 100%

*Development Grants: 25%
TGE: 100%

*Marketing & Operations: 10%
linear vesting over 36 months

*Long-Term Treasury Fund: 15%
linear vesting over 36 months

For more details, please refer to: https://gems.vip/whitepaper.pdf

(8)Website: https://gems.vip/

(9)Whitepaper: https://gems.vip/whitepaper.pdf

**4.Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs has not invested in Gems(GEMS).

**5.Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(2) Risk Warning:
-The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don’t invest beyond your financial capacity.
-The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
-Advanced technical and financial knowledge is required to understand, and evaluate the inherent risks of crypto-asset investment.
-The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
-Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
-The participant should register on Gate.io and Log in;
-After logging in, complete user identity verification;
-Deposit a certain amount of cryptocurrencies in your gate.io account;
-Sign the Purchase Agreement on Startup before placing orders.

Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io

Download Gate.io [App](https://www.gate.io/mobileapp?ch=ann28618 "App") / [Web](https://www.gate.io/mobileapp "Web") Client now>>>
Follow us on [Gate.io X (Twitter)](https://twitter.com/gate_io "Gate.io X (Twitter)") to get more bonuses>>>
Join our [Telegram](https://t.me/gateio_en "Telegram") to discuss hot topics>>>
Join our [Global Community](https://www.gate.io/community "Global Community") to get more updates>>>
We provide [100% proof of reserve](https://www.gate.io/proof-of-reserves "100% proof of reserve")>>>
[Sign up](https://www.gate.io/signup "Sign up") to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from [referrals](https://www.gate.io/referral "referrals")

Gate.io Team
August 17th, 2024

Change & Chart Start-End Time

Rise/Fall Color

Pay With

Gate.io Startup Initial Free Offering: Gems(GEMS) and Announcement of Free Distribution Rules (783,699 GEMS free of charge)

Gate.io Startup Initial Free Offering: Gems(GEMS) and Announcement of Free Distribution Rules (783,699 GEMS free of charge)

Select language and region

Select your region

Fiat Currencies