Limitless & Everest Launch $GEMS RWA Token With Over $600M in Collateral
09 Julio 2024 - 4:00PM
Limitless, in collaboration with Everest, announces the launch of
20 million $GEMS tokens, backed by over $600 million in liquid
assets. This pioneering initiative introduces the first Real World
Asset (RWA) token of its kind, aimed at revolutionizing the
gemstone industry through blockchain technology and innovative
crypto economics.
Available exclusively through the EverLaunch platform, $GEMS
tokens offer a seamless user experience, allowing individuals
worldwide to participate in the gemstone market effortlessly. Users
can acquire $GEMS by connecting their wallet or purchasing directly
with a debit card.
Key benefits of $GEMS include:
- Gemstone Purchasing: Facilitating the acquisition,
cutting, and polishing of emeralds and alexandrites.- Mine
Tour: Providing unique opportunities for users to
experience the gemstone mining process firsthand.- Staking
Rewards: Offering up to 20% rewards through staking $GEMS
tokens.- Refund Policy: Guaranteeing a refund of any
unused $GEMS at a rate of $4 per token worth of ETH, backed by the
$600M in liquid assets held in custody.
"We are excited to introduce $GEMS, a groundbreaking RWA token
backed by substantial liquid assets," said Bob Reid of Everest.
"This initiative not only enhances accessibility to the gemstone
market but also leverages blockchain to address long standing
inefficiencies."
The public sale of 20 million $GEMS tokens is set to commence in
July 2024 with a launch price of USD $1 per token, with an
additional allocation of 1 million tokens reserved for referrals
and marketing efforts. Detailed information can be accessed
at https://everlaunch.org/gems/
"For centuries, the gemstone supply chain has seen markups
ranging from 1,000% to 5,000%," added Matteo Rosetti, General
Manager at Limitless. "By integrating blockchain technology with
direct sourcing and crypto economics, we are disrupting this
traditional model, offering substantial benefits to our users."
Join the gemstone revolution with $GEMS. Learn more and
participate in the public sale
at https://everlaunch.org/gems/
JOIN THE $GEMS COMMUNITY
X: https://x.com/GEMScommunity
Telegram: https://t.me/GEMS_Token_Community
Telegram (News): https://t.me/GEMS_Token_News
ABOUT VIAARPE LIMITLESS
A global, multi-billion dollar mining conglomerate in operation
for more than 20 years across three continents, Viaarpe Limitless
has a proven track record of harvesting gemstones, precious metals,
rare-earth elements and minerals. Viaarpe Limitless is working to
change how people discover, purchase, and use gemstones with the
GEMS token offering. For more info,
visit: https://viaarpelimitless.com
ABOUT THE FOUNDATION & EVEREST
THE Foundation is a non-profit organization governed as a DAO
that is dedicated to supplying users with a free digital identity
and a multi-purpose wallet, along with access to the $ID token
ecosystem. Everest Network, Ltd. is a licensed custodian with
fiat and crypto infrastructure, able to facilitate transactions in
a compliant, low cost manner. Users from THE Foundation can
optionally bridge into regulated financial services, such as
purchasing via fiat through Everest. For more info,
visit: https://foundationnetwork.org
Contact: mexico(at)viaarpelimitless.com
Contact: contact(at)everlaunch.org