Gem-Points
Last updated
Last updated
Gem-Points are used to determine your rank and give you special benefits such as registering to whitelists of projects you want.
HOW TO GET GEM-POINTS? Users/Investors can share around the project using the referral function which can earn them a % of the raise. This will also get them Gem-Points, as will investing in, creating projects and more to be announced soon.
Sales on GemPad can be either Public or Whitelisted. If the sale is public, anybody can participate without any requirements. If the sale is whitelisted, only the wallet addresses whitelisted will be able to participate in the sale. Project owners decide who can receive a whitelist spot and GemPad users can always apply for a whitelist spot depending on how many Gem-Points they have.
Create a Sale = 25 points
Create an OTC Points = 25 points
Create Token = 25 points
Create Staking = 25 points
Sale Finalization = 50 points
Sale Cancellation = 10 points
Buy in the Sale = 0.1 point every $1
Buy in the OTC = 0.1 point every $1
For every $GEMS token you buy you earn the following amount of Gem Points = 0.00025
More ways to earn Gem Points coming soon!
Claim Refund when a Sale Fails = -0.1 point every $1
Emergency Withdraw Points = - 0.12 point every $1
Once you hold over the following amount of Gem-Points your wallet will obtain the corresponding ranks
The amount of points that will be deducted from your wallet in order to be able to participate in a Sale with each Rank below