Tokenomics

What is GEM tokenomics? What's the total supply?

`Our total token supply is` `20,000,000 GEM tokens.`

Learn how we intend to use them for benefit of the NFTmall marketplace.

`Token Percentage Allocation`

Goal

Tokens amount

Percentage

Private Sale Investors

1,000,000

5%

Public Sale Investors

3,000,000

15%

Exchange Liquidity

1,000,000

5%

Liquidity Mining

400,000

2%

Marketplace Mining

6,000,000

30%

Marketing

3,000,000

15%

Techinial Bounty & Hackathons

1,000,000

5%

Startegic Partnerships

1,000,000

5%

Team & Advisors

1,600,000

8%

Foundational Reserve

2,000,000

10%

In June 2022, we voted to increase the BB&B mechanism to a higher proportion, to support price growth. Currently, our smart contract uses 25% of the platform feels to Buyback and Burn GEM, increasing token price over time (aka 'Deflationary Token').