Announcements Gate.io Startup Initial Free Offering: Next Gem AI (GEMAI) and Announcement of Free Distribution Rules( 5,882,352 GEMAI free of charge)

Gate.io Startup Initial Free Offering: Next Gem AI (GEMAI) and Announcement of Free Distribution Rules( 5,882,352 GEMAI free of charge)

2024-04-12 10:17:45 UTC 19579 Read

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About Gate.io Startup Free Airdrop Program 
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
 
This Next Gem AI (GEMAI)  Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
 
Startup Link: https://www.gate.io/startup/1396

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/zh/startup/1396" 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>
 
**Introduction to Next Gem AI (GEMAI) **
The explosion of Web3 projects presents exciting opportunities but also significant hurdles for investors. This often leads to missed opportunities and poor investment decisions because of aspects like due diligence, tokenomics understanding, also keeping up with trends and many more.
Next Gem AI recognises this gap, and offers an innovative solution: an artificial intelligence driven platform aimed at simplifying cryptocurrencies. Such technology relies on Large Language Models (LLMs) as well as advanced data processing to enhance informed decision making.
To address these challenges, Next Gem AI has simplified due diligence and made it accessible to even beginners who previously had no idea how they could navigate through web3’s rapidly changing landscape without falling into the trap of "apeing" into projects without proper research.

(The information below is provided by the Next Gem AI (GEMAI)  team. Please follow Next Gem AI (GEMAI)  for more information）
 
**Token Information**
Token Name: Next Gem AI
Token Symbol: GEMAI
Max Supply：850,000,000
Token Type: ERC20
Contract:
https://etherscan.io/token/0xFBE44caE91d7Df8382208fCdc1fE80E40FBc7e9a

Token distribution ratio and unlocking rules: 
Private  12%: 25% at TGE, No cliff,  then linear vesting of 4 months.
Public  19%:   25% at TGE, No cliff,  then linear vesting of 4 months
Liquidity  10%:  100% at TGE
Technology Infrastructure  5%:  0% at TGE, Linear vesting for 18 months   
Marketing & Community Growth  10%:  0% at TGE, 1 Month cliff, then linear vesting for 15 months
Ecosystem Incentives & Rewards  14.5%:  10% at TGE, Linear vesting for 12 months
Staking Rewards  9.5%:  10% at TGE, Linear vesting for 12 months
Team & Advisors  10%:  0% at TGE, 3 Month cliff, then linear vesting for 12 months
Platform Development Fund  5%:  0% at TGE, 1 Month cliff, then linear vesting for 24 months
Operational Reserve  5%:  0% at TGE, 1 Month cliff, then linear vesting for 24 months

Website: https://thenextgem.ai 
Whitepaper: https://cdn.thenextgem.ai/whitepaper.pdf
 
**Gem AI(GEMAI) Startup Subscription Rules：**
(1) Duration: 12:00 PM April 13th, 2024- 12:00 PM April 15th, 2024 (UTC) (Orders placed by qualified users within these 48 hours will be treated equally)
(2) Trading Starts Time：16:00 PM April 15th, 2024 (UTC)
The Trading Pair: GEMAI/USDT
(3) Price: 0 USDT
(4)Startup Supply : 5,882,352 GEMAI
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, 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.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899.
(7) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(8) 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.

**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn’t participated in the Next Gem AI (GEMAI)  investment.

**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.

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Gate.io Team
April 12th, 2024

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Gate.io Startup Initial Free Offering: Next Gem AI (GEMAI) and Announcement of Free Distribution Rules( 5,882,352 GEMAI free of charge)

Gate.io Startup Initial Free Offering: Next Gem AI (GEMAI) and Announcement of Free Distribution Rules( 5,882,352 GEMAI free of charge)

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