We are pleased to announce our next Voice AMA on August 13th, 2022 at 05:00 PM UTC Time: Satoshi Club x GemDao
⚠️Click to see the hour
⚠️Total Reward pool: $500
Requirements:
Join Satoshi Club Telegram group
Join GemDao Telegram group
Join Satoshi Club Discord server
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. GemDao Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about GemDao
For more details:
GemDao Telegram – @GEMDAO_Global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Indonesian – @satoshi_club_indoneisa
In your white paper you mentioned making your nft holders shareholders. You also mentioned some percentages based on tiers. Please can you explain it better I’m really interested in it
Stating that 1% your total supply being distributed to all miners in Gem POS annually. I will like to know what’s your intended total supply on launch and how you intend sustaining the annual distribution of the 1% of your total supply.
Hacking has become more sophisticated, and the potential for cyber strikes is a high terrifying. So, how secure is the GemDao platform? What security methods and systems does GemDao employ to secure user staking assets? Thank you
I found out from the white paper that there are two very important places yet to be filled. The audit space being empty I will love to ask the team that have audited your project and the audit details being that you have such nice partners and then would really love to know your team members.
Hacking has become more sophisticated, and the potential for cyber strikes is a high terrifying. So, how secure is the GemDao platform? What security methods and systems does GemDao employ to secure user staking assets? Thank you
I came to found out that GemDAO will have a mobile app called the GemPOS, where everyone can mine GemDAO tokens without cost. And Each year, 1% of the total supply can be mined and distributed equally to all GemDAO miners. I will like to know when these Mobile Application would be launched, and would the Mobile Application be available on all kinds of Operating Systems such as ANDROID, IOS, & Huawei? Going further, since it was mentioned that users of these apps would have to be mining the GEMDAO tokens once a day if they want to keep the Token Mining Machine working. i would like to know more about the mining rates per day? Is there going to be a minimum withdrawals of the Mined Tokens? How much interest is the DAO going to charge as Withdrawals percentage?
I have gone through your platform and i came to found out that you have four Feauters in GEMDAO which are as follows, GEM NFT, GEMSHARK, GEMPOS, & GEMVOTE. The GEMVOTE seems to be Straight forward and quite understandable, but i will like to understand how these features works independently in your platform, what are their functions and use cases in your Platform? Can you kindly elaborate or give us a complete breakdown on each of the features listed above? How would these Features help meme Projects seeking to use your services? How are the features implemented to create more opportunities for Investors in your platform?
Whenever i see DAO in a project, my confidence in that project grows more better, because with DAOs, It is known that Decisions get made from the bottom-up, governed by a community organized with a specific set of rules enforced on a blockchain. Knowing that GemDAO is developed with the team’s desire to build an ecosystem to help the GemDAO’s community quickly evaluate, access, and invest in projects supported by GemDAO or the community’s choice. Giving that the community would have the right to vote on Decisions about projects in the ecosystem, Can you tell us more on how the Governance of the platform is going to be carried out? How many of the $GEM tokens would users need to participate in decision making? Is there going to be any advantage of Voting?
Hello GemDao Team – On your website, one the main four features of the GemDao ecosystem is GemPos, which you did said GemDao will have a Mobile App called GemPos, where everyone can mine GemDao Tokens $GEMDAO without cost and each year, 1% of the total supply of 100,000,000 can be mined and distributed equally to all GemDAo Miners. Now my question is, where do we download GemPos App from, and do you have both the Android and iOS versions of the GemPos available for download already ? And again, could you please tell us the reason you choose to map out only 1% from the total supply of 100,000,000 $GEMDAO to be mined in each year, and how many $GEMDAO is to be mined in all, and for how many years ? Lastly, aside mining of GemDao Tomens, how else could one own $GEMDAO Tokens ?
I read on your whitepaper, There will be 4 tiers of NFTs from 1* to 4* for the community to choose, the higher tier is, the more profit you will get. How to have these nfts ? can you elaborate more about these 4 nft tiers, what the benefit for buying these nfts? will the amount of each nft be limited or unlimited ?
In One of your Features Which is the GEM VOTE: understanding that Members will have voting rights to cancel GemDAO’s decision or change it, and that all the projects GemDAO intends to invest in will have to go through a community voting round, holding GemDAO’s token. So, my Question here would be based on the level of Security within the GemDAO’s governing system, how many GemDAO’s token would a Project hold before being able to go through a voting Round? we all know that There would be some Bad actors seeking to take advantage of the System in Using different methods of Manipulation to make sure that their Projects gets Voted up, so, in these Scenario, how does GemDAO analyze A Project before Bringing it up for Possible Vote by the Community? How would your platform ensures that the Votes are not Being manipulated in any way?
It was stated that All the projects GemDAO intends to invest in will have to go through a community voting round, holding GemDAO’s token. Can you please give us a comprehensive breakdown of the amount of tokens project seeking the support of your platform would have to hold before being able to be selected for possible voting round in the community? How many voting rounds would a project have to go through? Now Talking about the Community voting Power, how many GemDAO tokens would a user need to carry out a vote for a specific Project they show interest in? What are the possible advantage users in your community would get after a successful voting round on a specific Project? In a Nut shell, can you please tell us how Users of your Community can get your Tokens?
Thanks
On your Tokenomics, Buying and selling attracts a 4% tax, DAO Pool attracts a 3% tax while marketing Pool attracts 1% tax. I’m just as curious as a newbie and want to know the reason for these taxes both on the marketing pool, and especially on Buying ? Does it mean the GEMDAO Tokens are not intended to be bought ? Lastly, on your Roadmap, there are about four Phases thereto, can you tell us which phase you are in at the moment for ease of tracking of your progression and accomplishments which you had set out to achieve? And with particular mention to an Item in phase 2 ((Billboards), could you please elaborate on this target, what kind of Billboards will it be and for what use case ? Thanks for answering
You have 4 amazing features That govern the entire project GemDao which are GemNFT, GemShark, GemPoS and GemVote. Please shed more light on the GemNFT, you said NFT holders will be permanently shareholders of GemDao, please explain? How many of the Gem NFTs will holders have to become eligible to be a shareholder of GemDao? What are the benefits of been a shareholder of your great project? In addition you mentioned that there will be 4 tiers of NFTs for the community to choose from, can you mention these 4 tiers and their various functions/benefits? What can quarantee a holder to choose the higher tier, as you said that the higher tier is, the more profit? Please explain
Another interesting feature of GemDao is the GemShark. Where you said that project can connect to get assessment from GemShark a highly experienced team of GemDao, and after evaluation process, GemShark will invest in and support these projects. With this, is it OK to conclude that GemDao is a launchpad platform too? Where and how can project owners connect you to get assessment of their projects for investment and support? What kind of support do you render to these projects? What criterias do you look at for in these projects during your assessment process to qualify for support and investment? How is the profits from the investment distributed?
I found out that 52% of the total supply of $GEMDAO tokens will be set aside for presale which will start on the 17th of August. Can you share details about the upcoming presale of $GEMDAO? What will be the price of $GEMDAO tokens during this presale? What will be the minimum and maximum amount participants will be able to use for this presale? I also found out that users will have to be whitelisted to participate in this presale. How can interested users be whitelisted to participate in this presale?
I read projects can connect to get assessments from GemShark and GemShark will invest in and support marketing products on massive social media and communities of GemDao after the evaluation process. Which type of projects can apply to get assessments? Please explain the process of applying. How does GemShark conduct the evaluation process? Which aspects are taken in to consideration? To receive aforesaid benefits, projects should pass the evaluation process. What does happen if it fails? Are projects allowed to rectify their mistakes and re-apply? What are the fees and charges applicable for this assessment by GemShark?
Examining your token metrics, I noted that the total supply has been allocated as 52% for the presale, 28% for the liquidity, 4% to keep unlocked, and 16% to keep locked for Gempos and NFTStake. Why did you allocate a large portion like 52% for the presale? Since there are no separate private sales and public sales, can anyone purchase tokens from the presale? I could not find details about any vesting schedule for the presale allocation. Do you distribute tokens soon after the presale? If yes, how do you prevent a possible sell-off situation? What about expenses such as advertising, platform development and community building? How do you manage to handle these costs? Do you charge any tax to cover the expenses?
It caught my attention that NFT holders will be permanently shareholders of GemDao. To be considered a shareholder, what is the minimum value of NFTs that one should hold? Do users with better holdings get priority? I read that there will be 4 tiers of NFTs. To be a shareholder, should users choose NFTs from a specific tier? Do you consider holding NFTs as the only requirement to considered a user as a GemDao shareholder. Please elaborate more on the benefits for shareholders. In addition to financial gains, do they get any privileges such as early access to events?
GemNFT, which is one of the main features of the GemDAO ecosystem, is said to have several use cases/advantages. These include; staking them to receive whitelist slots for projects launched on Gempad, Pinksale and Unicrypt and permanent shareholders of GemDAO. When do you plan to launch GemNFT and what will be the total supply of GemNFTs? How will users get GemNFT? It is said that GemNFTs will be divided into 4 tiers which will determine the percentage of the total pool tokens that the GemNFT stakers will get. Can you give an idea of the total supply of each of the GemNFT tiers?
Good day,
As I understand, NFT holders will be permanently shareholders of GemDao. In addition to this, profits earned from deals investment will also be divided amongs NFT holders. NFTs will be divided into four tiers. In this regard, can you give more details on these four tiers of NFTs offered by the GemDao platform? What is the difference between all four tiers of NFTs offered? What qualifies me to belong to a specific tier; is it dependent on the number of NFTs or value or NFTs bought? Kindly compare the pros and cons of each tier of NFT offered. Highlight the features of each tier offered. What is the utilities tied to each NFT tier?
Good day,
Your roadmap was divided into four phases however I couldn’t see any dates attached as regarding the commencement of each phase. Kindly tell us; when is the stimulated date for each phase to rollout? Currently on what phase are you? The fourth phase of your roadmap indicated that GemDao will be aiming for 10.000 holders, expanding for an NFT marketplace and launch of GemDao 2.0. Tell us what you have in place to attain these stated goals; give us a sneak peak on the NFT marketplace; what will the structure of the marketplace be like and what functions will the marketplace support. Concerning GemDao 2.0; what more expanded features should we expect to see on GemDao 2.0? Lastly give details on when the NFT marketplace and GemDao 2.0 will be launched.
Good day,
As an investor, I pay a quite high attention to security as this a major consideration when looking at the rate of crypto related scams in recent times. I will love to know about your KYC and audit. As someone that wishes to get started on the platform, what KYC process do I go through (what information must I provide)? Is this KYC process flexible? Pertaining the Audit, have you been audited yet?, If yes, give details on your security audit, who are your audit partners? How well did you pass your audit? And if no, tell us what plans you have towards getting audited. In addition to this, what other strict security measures will you take to ensure that GemDao will be secured enough to manage the platform’s and users funds. Thanks!
The crypto industry is a fast-paced industry, how flexible is your Project to change quickly and keep pace with technology trends? What is your long-term vision for the forecasting industry in which the your Project project operates?
GemDAO is said to operate based on an open financial vision in a decentralized crypto economy and it is described as a DeFi 2.0 project. You also said that GemDAO is a lover of Memecoins and will allocate huge resources to support its development. Can explain the concept of DeFi 2.0 as applicable to GemDAO and the similarities/differences that it has with the current DeFi crypto economy? Also, why do you have special interest in meme focused project and is it meme projects that you will be wiling to allocate funding support for or will it be possible for you to invest in other viable projects that may not be entirely meme oriented?
From ContractWolf audit report, I saw that your protocol was adjudged to be 93% safe. However, from the audit summary, it was said that: “Deployer can set tax up to 10%”, “Deployer can include/exclude addresses from tax” and lastly “Deployer cannot burn tokens”. Can you explain the implications of this findings because you currently have a tax of 4% for buy/sell and 3% go to DAO pool while 1% goes to marketing. Does it mean that you plan to increase this tax to up to 10%? Also, you have right to include/exclude address from taxes, why is this right necessary and which addresses will you be excluding from tax? Lastly, why did you design your contract to make it impossible to burn tokens? Does it mean that you don’t have plans for this?
Community events are one of the ways to ensure a vibrant community and I saw that in Phase 2, you will organise Meme contest and Biggest buy contest. Can you tell us more about these events and how you intend to organise them, most especially the biggest buy contest? How will these events be structured to be inclusive and give different categories of token holders the opportunities to earn incentivised reward? Apart from the two events listed in your roadmap, what other community oriented events will you use to drive engagements and marketing for your projects?
You have well-known partners such as Yahoo Finance, Bing and Coingecko. Since strong partnerships are vital ingredients for the future of a project, please explain the contribution of these collaborations for the development of GemDao. Do users of these platforms get special benefits when they join GemDao? According to your website, more partners will be revealed in the near future. Can you give a sneak peek of future partnerships? What is the eligibility criteria and the method of applying for a collaboration with GemDao?
According to your tax policy, there is a 4% tax for buying and selling activities. Does this mean a user should pay 4% when buying $GEMDAO and 4% when selling them? As a whole, should he pay 8%? Don’t you think that the tax percentage is high? Isn’t this tax applicable for withdrawals? In addition to buy/sell tax, you have implemented a 3% tax for developing GemDAO’s ecosystem and 1% tax for marketing. Why did you decide to create these taxes instead of allocating funds from the total $GEMDAO supply for these purposes?
It seems phase 4 is the final stage of the developments. I am curious to know more about the developments you will be carrying out during phase 4. According to the roadmap, you are going to initiate investing in projects in this phase. What kind of projects do you choose to invest? What are the utilities of the generated income? Further, GemDao 2.0 will be introduced within this time period. Please give a sneak peek of this version too. How does it differ from GemDao 1.0? What kind of features will be included compared to the old version?
Going through the GEMDAO whitepaper, I noticed that the members of the project team are yet to be unveiled but we can agree that the most deciding factor for the success of every project is dependent on the team and the hard work they’ve put in. So can you please introduce to us the wonderful team members of GEMDAO. Also share with us your vision for the project and how your journey to ensure the success of the project has been so far. Thanks!
Hello, GEMDAO team.
You are implementing a DAO that assumes that the holders of the project tokens will make decisions regarding the projects to invest in and other issues. However, the DAO principle has been implemented in the market of joint-stock companies for a long time and it often happens that one or more participants buy out a controlling stake and block decisions that are unfavorable to them and legitimize decisions in their own interests. How will you protect the DAO from such manipulations? Maybe you have developed some kind of fairer mechanism that will really democratize voting and prevent the presence of whales who will dictate their terms?
Hello, GEMDAO team.
You are implementing a very cool project with real investment attractiveness. I am interested in the question of collecting and distributing funds for investments that the DAO will carry out, How does this technically happen? Is there a human factor here, or are all actions based on smart contracts? Each project has different conditions for unlocking seed coins and private rounds, different vesting and so on. Who keeps track of the time of unblocking? Who makes the decision on profit-taking and income distribution among depositors?
On the roadmap GEMDAO aims to partner with ventures, capitals, KOLs, and big communities all around the world. Apart from the already mentioned partners, will there be more partnerships in the future, if so what would be the aim for choosing your next prospective partners. Also Is there a plan to cover Asian, European and African communities? will you launch multiple language lines for non-native English speakers?
In your white paper it states that GemDAO members have the right to buy NFTs, stake them to receive whitelist slots for projects launched on Gempad, Pinksale, Unicrypt… Those this mean not everyone has access to your NFTs, if so how could one go about buying it and how many NFT collections are available right now.
Hello, GEMDAO team.
The tokenomics of your project includes a tax on the secondary purchase and sale of a token in the amount of 4%. However, as far as I know, this can be implemented only if the token is traded on DEX exchanges, since they mostly support smart contracts embedded in the token. If you plan to list on CEX exchanges in the future, how will this principle be implemented? Is it technically possible? If not, it turns out that it is not profitable for GEMDAO to be placed on CEX exchanges, since they will not receive most of the income. Please tell us more about this.
I noticed that there was a 52% allocation for the presale of the GEMDAO token, is there a reason for this high percentage allocation and also can you give us the details of the presale? I noticed that the presale is set to hold on Gempad, how does one access it and when will the presale hold? Is there a requirement to enter the presale? How much is the minimum and maximum tokens that can be purchased per wallet? What type of cryptocurrency will be used for the purchase payment? Please kindly shed light on these, Thank you.
Greetings GEMDAO TEAM going through your web page, I understand GEMDAO have 4 main concepts (GEMNFT, GEMSHARK , GEMVOTE, and GEMPOS) would you be kind enough to explain how this concepts work together to bring about the growth and development of this project? Thankyou.
I understand that there is a mobile app(GEMPOS) where members can mine GEMDOA Token without cost. I would like to know if this app is out and if it will be available for both android and iOS?
Greetings GEMDAO Team I am new to the community, it is a pleasure being here with you. I noticed we have few days to your whitelisting, can you explain how new members like myself can participate or earn a whitelist slot?
Hello GemDAO team
GemDAO is a groundbreaking support protocol built on Binance Smart Chain With an open financial vision and a decentralized crypto economy. Your presale starts in 4 days time, the total of 52,000,000 $GEMDAO will be available to the public that’s like 52% of the total supply tokens. Why did you decide to allocate this much to presale alone? and I also noted that the whitelist event is still on. All unused tokens will be burned and the $GEMDAO token will be listed on DEX soon after presale. Can you give us more information on your presale event? How can we get a whitelist spot to participate in the presale and purchase your token? Will there be a limit to the amount of $GEMDAO token users can buy? At what price will the token be sold? Do you have any plans on solving the issues of possible sell off? What kind of burning mechanism do you plan to deploy for unused tokens? Do you plan to burn all at once or will it be done proportionally? What DEX platform do you plan to list the $GEMDAO token?
I understand that GemDAO desire to build an ecosystem to help the GemDAO’s community. By introducing the GemVote feature, members will have voting rights to cancel GemDAO’s decision or change it. All the projects GemDAO intends to invest in will have to go through a community voting round. Can you give us more information on how the GemVote feature? What are its working mechanisms? Are all decisions made by the GemDAO’s? What type of voting mechanisms do you intend to use in the GemDAO? How are voting rights acquired in the GemDAO? Do members have rights to propose new decisions? How are decision benefits shared among the members of the DAO?
In the App preview i.e GEMPOS there is a reward earned by invitation. Can you explain what percentage is earned by invitation? Is there a limit to how many members one can invite?
While reading through your whitepaper, I noted that one of the features of GemDao is GemShark whereby projects can connect to get assessments. After the whole evaluation process, GemShark will invest in and support marketing products on massive social media and communities of GemDao. How can project connect with GemShark to get assessment? What is the assessment process like? Are there different stages of assessments? What are the key things you look out for during the assessment process? What is the length of the assessment process? You did say that profit made from investments will be distributed partly to NFT holders and GemDao’s token holders. How will the profit made be distributed?
I discovered that 52% of your total token supply has been allocated for presale and you will be having the presale of GemDao token 17th-18th of this month. Can you please provide us with more information about the presale? I understand that there is need for users to get whitelisted to participate in the upcoming presale. What are the procedures to follow in order to get whitelisted? And can you highlight the benefits of holding your token?
One of the interesting product/features of GemDao is the GemNFT, which Members can stake to receive whitelist slots for projects launched on Gempad, Pinksale, Unicrypt. Can you please explain your staking mechanism ? Is there a minimum or maximum NFT holders can stake to be able to receive this Whitelist slots ? What are the tiers of NFTs members can choose from, please explain? What is the benefit of staking GemNFT ? You mentioned that NFT holders will be permanent shareholders of GemDao. What are the benefits of being a shareholder of GemDao? Is holding GemNFT the only requirement for being a Shareholder of GemDao or other requirements are involved? Lastly, will you be launching an NFT Marketplace in the future? Thank You
I understand that GemDAO is a groundbreaking support protocol built on Binance Smart Chain, operating as Decentralized Autonomous Organization (DAO), targeting to everyone who love meme projects on launchpads such as Pinksale, Gempad, Unicrypt. Can you tell us more about your existing products and features that run on GemDao’s ecosystem? What has been your major achievements so far and What major goals do you intend to achieve before the end of 2022. I believe GemDAO believes in Marketing and attracting more users into its community. Can you please share with us some of your marketing strategies and Plans to bring in more Long-term users and investors into GemDAO? Thank You
Hello there..
I couldn’t find much details about your token $GEMDAO. Can you share more detail about $GEMDAO token? Where can we buy $GEMDAO token? One of your feature include the GemPos, a mobile app where everyone can mine $GemDAO tokens without cost. Can you tell us more about this feature and how it works? What are the functions and features of this app and How will it benefit token Holders? How do you ensure the safety of Users and investors Assets? What are your motivations and benefits of holding your token for a long-term investment ? Thank You
In one of your product GemNFT,is stated that members have the right to buy NFTs, stake them to receive whitelist slots for projects those launched on Gempad, Pinksale, Unicrypt.So I was wondering where can users get access to this GemNFTs, what are the features/rarity of this NFTs and what is the exact amount of NFTs to stake in each of the the 4 different pool tiers you have which Bronze,Silver,Gold and Diamond?And for a user to become a permanent stakeholder in GemDAO,what is required amount of NFTs they need to hold that will guarantee them the stakeholder spot?And can a user who wishes to unstake his NFTs do so at anytime and will there be some kind of drawback on his profits?You also mentioned that each year GemDao will have 2% of total supply of $GEMDAO divided among all members who are staking NFT.Will the numbers of users who stake NFTs be limited or will be 2% increase in the future if the numbers of NFT stakers increases?Please explain Thanks
Concerning your GemPOS App,it is where everyone can mine GemDAO tokens without cost. Each year, 2% of the total supply can be mined and distributed equally to all GemDAO miners.So is there any limited time as to how long a user can mine in the GemPOS App per day and what is the amount of tokens they can also mine per day?Suppose a user did not mine in the next 24-48,what will then happen to what he or she has mine?Most mine apps reward or rank their active miners,so will GEMDAO also rank users who are the most active miners?And is KYC needed to be a registered miner on GemPOS?Is the GemPOS app available for download and can users also download it on their PC or it’s just available only on mobile?How long will the mining of $GEMDAO last in the app since you said it will later be integrated to a Wallet?Please explain Thanks
Hello team GemDAO
I noticed your NFTs are Diamond,Gold, Silver and Bronze,and it was also state that Profits earned from deals investment will also be divided among NFT holders NFTs will be divided into 4 tiers, the higher tier is, the higher the profit.Does it also depends on the kind of NFTs an NFT holder hodls?What is the total supply of NFTs in your platform?What are some of the unique traits of this NFTs?How can get access to this NFTs? lastly,what are some of the utilities of your NFTs?Will this NFTs have real life usage? kindly share more information about this thanks.
One feature I am interested about is the Gem app called GemPos,Can you talk about it’s functions?How will it improve Community you?Can this App be available to IOS and Andriod users? You said new features will be integrated into the app ,can you tell us what quarter of the year we’ll be expecting this? Explain thanks
I read on your whitepaper, There will be 4 tiers of NFTs from 1* to 4* for the community to choose, the higher tier is, the more profit you will get. How to have these nfts ? can you elaborate more about these 4 nft tiers, what the benefit for buying these nfts? will the amount of each nft be limited or unlimited ?
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Hello GemDao Team – On your website, one the main four features of the GemDao ecosystem is GemPos, which you did said GemDao will have a Mobile App called GemPos, where everyone can mine GemDao Tokens $GEMDAO without cost and each year, 1% of the total supply of 100,000,000 can be mined and distributed equally to all GemDAo Miners. Now my question is, where do we download GemPos App from, and do you have both the Android and iOS versions of the GemPos available for download already ? And again, could you please tell us the reason you choose to map out only 1% from the total supply of 100,000,000 $GEMDAO to be mined in each year, and how many $GEMDAO is to be mined in all, and for how many years ? Lastly, aside mining of GemDao Tomens, how else could one own $GEMDAO Tokens ?
Copied question
Whenever i see DAO in a project, my confidence in that project grows more better, because with DAOs, It is known that Decisions get made from the bottom-up, governed by a community organized with a specific set of rules enforced on a blockchain. Knowing that GemDAO is developed with the team’s desire to build an ecosystem to help the GemDAO’s community quickly evaluate, access, and invest in projects supported by GemDAO or the community’s choice. Giving that the community would have the right to vote on Decisions about projects in the ecosystem, Can you tell us more on how the Governance of the platform is going to be carried out? How many of the $GEM tokens would users need to participate in decision making? Is there going to be any advantage of Voting?
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I have gone through your platform and i came to found out that you have four Feauters in GEMDAO which are as follows, GEM NFT, GEMSHARK, GEMPOS, & GEMVOTE. The GEMVOTE seems to be Straight forward and quite understandable, but i will like to understand how these features works independently in your platform, what are their functions and use cases in your Platform? Can you kindly elaborate or give us a complete breakdown on each of the features listed above? How would these Features help meme Projects seeking to use your services? How are the features implemented to create more opportunities for Investors in your platform?
I came to found out that GemDAO will have a mobile app called the GemPOS, where everyone can mine GemDAO tokens without cost. And Each year, 1% of the total supply can be mined and distributed equally to all GemDAO miners. I will like to know when these Mobile Application would be launched, and would the Mobile Application be available on all kinds of Operating Systems such as ANDROID, IOS, & Huawei? Going further, since it was mentioned that users of these apps would have to be mining the GEMDAO tokens once a day if they want to keep the Token Mining Machine working. i would like to know more about the mining rates per day? Is there going to be a minimum withdrawals of the Mined Tokens? How much interest is the DAO going to charge as Withdrawals percentage?
Hacking has become more sophisticated, and the potential for cyber strikes is a high terrifying. So, how secure is the GemDao platform? What security methods and systems does GemDao employ to secure user staking assets?
I found out from the white paper that there are two very important places yet to be filled. The audit space being empty I will love to ask the team that have audited your project and the audit details being that you have such nice partners and then would really love to know your team members.
Stating that 1% your total supply being distributed to all miners in Gem POS annually. I will like to know what’s your intended total supply on launch and how you intend sustaining the annual distribution of the 1% of your total supply.
In your white paper you mentioned making your nft holders shareholders. You also mentioned some percentages based on tiers. Please can you explain it better I’m really interested in it
Why should members have right to cancel GemDAO decision or change it,do you think giving members that privilege is right
What are your future plans to greatersustainability of GemDAo token and how can the mining of GenDao token help the growth of the community
Focusing on one of GEMDAO product, GemNFT, I understand that members have the right to buy NFTs, stake them to receive whitelist slots for projects. How can users acquire GemNFT? What are other utilities of GemNFT aside staking to receive whitelist slots? I also noted that these NFTs will be in four tiers. Can you share more information about these four tiers and how users can belong to each tier? What are the advantages and benefits associated with each tier?
I saw that the GemDAO will have a mobile app called GemPOS, where everyone can mine GeMDAO token without cost. Can you share more information about GemPOS app and when it will be made available for Users? Will these Apps be limited to some regions? Since it’s a mining app, are there features for users to increase the amount of GemDAO token they can earn? What are other functionalities or future functionalities of GemPOS mobile App?
I took time to study your Project and I saw your DAO pool has a 3% Tax for developing GemDAO’s ecosystem including NFTStake, Gemshark, GemPOS and 1% Tax for marketing but I also saw in your Audit that Deployer can increase Tax up to 10% and can also exclude/include address from Tax. Can you share more information about your DAO pool? Can you also explain on the 10% increase in Tax which the contract owner can add? Are Major Decisions concerning the Project taken solely by project team or will there be a chance for community Contribution? What are the requirements for users to partake in decision making Process in GemDAO?
As a groundbreaking support protocol built on Binance Smart Chain, operating as Decentralized
Autonomous Organization (DAO), targeting to everyone who love meme projects on launchpads such as Pinksale, Gempad, Unicrypt so could you tell us how would GemDao be similar or opposite with Pinksale,Gempad and Unicrypt? Any common denominator that we can see with GemDao and Pinksale,Gempad and Unicrypt or any edge that you have compared from them? As GemDao is also supporting Meme projects,what maybe your role to make Meme project be successful and stay in the market for long,knowing that many Meme projects come and go in the market? Basically,why choose to support Meme project instead of other kind of projects? As it is said that you are operating as Decentralized Autonomous Organization (DAO),so can you explain more about your governance method especially when dealing with your community and users? Thank you
Behind the general concept of all project there are 4 main features of GemDAO – GemNFT, GemShark, GemVote and GemPoS. Could you reveal the main characteristics and particularities of each of them? Why is it important to bring them all together for you and your community? Do you plan to add any new features to extend the area GemDAO covers? And why do you think it is so important to provide all power into the hands of your community? Thanks!
Talking about the GemVote feature, we see that members have the right to vote to cancel the decision or choose for the dev team. The dev projects to invest in will also have to go through the community vote of GemDao token holders. How do you plan to protect yourself from whales and their impact on voting? Will your community also decide the amount to be invested in selected project or it will be done as a second vote once the project is supported? Will DAO members also get the tokens of supported project? Thanks!
According to your Roadmap, GemDao is still in Presale stage & after that, $GRMDAO token will be listed on Pancakeswap as next step. That will be great event for GemDao community. I want know, Will you add funds as liquidity on Pancakeswap that come from Your presale? However, by beginning of Phase 02, You intend to list $GEMDAO token on CEXs untill the Phase 04. So, Can you give some details on that event? What will be the first CEX that is going to be listed the $GEMDAO Token? Will it be KuCoin, Huobi global? What kind of criterias do you consider when you select the CEXs, Because recently Coinbase & Hotbit have faced some issues? So, Users of Hotbit exchange are not happy. Also Tell us, Is Hotbit in your list?
I read your whitepaper & Saw the $GEMDAO tokenomics which has been built as BEP-20. One of thing we should discuss is the 4% of tax fee on $GEMDAO transactions ( on Buying & Selling) which has allocated for 3%- DAO Pool & 1%- Marketing Pool. So, Can you tell more details about DAO Poolsl & What is the Main Purpose of DAO Pool? As I know DAO is a democracy mechanism to maintain the ecosystem as user friendly. So, Why do you collect funds for that, I mean Why do you make a DAO pool?
GemDao is consisted with four major features. They are GemNFT- NFT staking, GemShark- Assesment Evaluation, GemPos- Mobile App, GemVote- Voting Right. Please, Could you elaborate more details about these four main features & How do they play a major role within GemDao Ecosystem? However, by seeing your features I realized that GemDao has not only concentrated on DAO but also Other areas. So, How do you intend to expose more the GemDao ecosystem in to NFTs & Project assessment evaluations?
It caught my attention that GemDao will have 4 main concepts: GemNFT, GemShark, GemVote and GemPoS. I’m curious about GemShark. You mentioned that projects can connect to get assessments from GemShark, a highly experienced team of GemDao. Is that team already formed and selected or are you still looking for people to be part of it? In what ways will GemShark support the selected projects? What percentage of the profits will the GemShark team get? Will a part of that percentage be distributed to the community of GemDao’s token holders?
One of GemDao’s features is GemNFT, where members have the right to buy NFTs, and stake them to receive whitelist slots for those projects launched on Gempad, Pinksale, Unicrypt. Will all users who stake the NFT receive whitelist slots or will they be randomly selected? In addition to that benefit, what other benefits do owners of a GemDao NFT receive? In what ways do you encourage users to buy an NFT? I read that there will be 4 tiers of NFTs, how is each tier different? Thank you
I read that GemDao will have a mobile app called GemPos, where everyone can mine Gemdao tokens together without any cost. When will this app come out? Will it be available for both android and apple devices? How do you encourage users to download the application and try it? Will it have a referral program so that users are motivated to invite friends to try it too? Thank you
From my research, I get to find out that GemNFT holders will be permanent shareholders of GemDAO. And profit earned from deals investment will also be divided among and nft holders.
My question here is that what benefit does holding an nft add to the project that guarantee such lucrative rights of being a shareholder?
To connect potential projects closer to real investors, I learned that GemDAO project development team Will release the GemDAO token along with an ecosystem including GemNFT, GemShark, GemVote and GemPOS.
Can you please explain what GemShark, GemVote and GemPOS means?
I found out that GemDao has a WaysPad which is the new stand of launchpad, your technology is designed to assist people in creating and launching projects and you also have numbers of trusted third party providers. So,can you simply explain the nature of your WaysPad? As your technology is designed to assist people in creating and launching projects,so aside from meme project are you also open to work with any other projects that is not a meme project? So since you are designed to assist in creating project,so does it mean you will help to provide funding especially to those who have any idea about a certain project but no money to build their idea into a project? As mentioned that you have numbers of trusted third party providers,so what will be the role of this third party in launching projects with in your platform? Could you tell us some of those third party providers that you partner with? Thank you
At phase 2 from your roadmap, I saw that you plan to use billboard as part of your marketing strategy.
Don’t you think this not a proper method as most people who looks at billboards aren’t crypto related. And when you don’t understand what you are seeing on the billboard won’t it be a waste???
Or is there is plan to use these means in a different way that would be bring non crypto related people onboard??
GemDAO is called a DeFi 2.0 project based on the success of the meme coin community and will allocate huge resources to support its development, with an open financial vision and a decentralized crypto economy. What will be the most important aspects that GemDAO will evaluate to support the projects? And what are your growth expectations in the short term?
❤️ GemDao is an Organization for the community of people who love meme projects, it is an innovative support protocol built on Binance Smart Chain, with the desire to build an ecosystem to help the Gemdao community evaluate, access and invest easily in projects supported by GemDao and by herself. Currently there are many meme projects, what new features make them different from you to attract the community?
It is good to know that GemDao has done KYC with GemPad & audited by Contract Wolf Platform at the moment. Actually, This will incentivize the more investors to get in to the ecosystem. So, What do you have to say regarding your Smart Contract Audit & KYC certificate? However, Audits must be carried out periodically since the hackers can thread in to the system. Will you do more audits in future so that Community can verify their security with a transparent condition? If yes, What are the names of audit firms that you are looking for? CERTIK, TechRate, Quantstamp etc…?
By using GemNFT, Users can receive the whitelist slots on GemPad, Pinksale, Unicrypt Launchpads. Can you give more details about this interesting feature? How can we get a GemNFT, What is the easiest way to recieve a GemNFT? As well as there are four tiers in GemNFTs called Diamond, Gold, Silver & Bronze. Explain about this NFT tier system & conventional benefits of each tier? Also, I read that NFT holders can stake their NFT holdings & can aquire a 2% of share of total supply of $GEMDAO tokens. Please give us detailed description about this matter too?
Paying attention to the GemDao’s Gemshark feature, I noted that projects can connect to get assessments from GemShark, a highly experienced team of GemDao. After the evaluation process, GemShark will invest in and support such projects. Supporting such project may require quite a large amount of funds. So I am curious to know, how will the GemShark funds be generated within the GemDao ecosystem? What are the requirements for such projects to be evaluated and approved by GemShark? What does the project team look out for in approving such projects to ensure that profit will be made off the investment? Can you give an highlight of the types of support that GemDao offers such projects? Now, how will profits made from investment be allocated within the ecosystem (what % will NFT holders and token holders get)?
As I understand, GemDAO will have a mobile app called GemPOS, where everyone can mine GemDAO tokens without cost. Can you give more detail on how token mining works on GemPOS? Is the mining process an automatic one or do I have to keep a frequent look on the GemPOS app? Considering the huge functions of the app, How do you aim to create a stable traffic as well as ensure consistent growth of the app? In addition to this, I saw that the GemPOS has a relationship with GemShark i.e advertisement of GemShark approved projects. Can you give more details on this? How does the advertisement work on GemPOS in making sure that the project being advertised reaches a large audience? Apart form GemPOS, does GemShark plan for advertisment of approved projects on other social media apps/platforms such as Facebook, Twitter e.t.c or will you be focusing basically on the GemPOS apps for such adverts?
I observed that the GemDao project is still at its early stage. Knowing well that in this competitive Crypto sphere, most projects get the big hype in the first few months and after a short while, they tend to loose their credibility. Tell us how you aim to ensure sustainability, growth and longevity of the GemDao project. What strategies will you be employing to attract and retain users on the platform? Why should I invest in this project? What is your thoughts on GameFi and metaverse, do you have plans of expanding into GameFi and metaverse?
GemDao just announced new partnership with “TITOLABS & with “CAPITAL BLOCKCHAIN” As I know, GemDAO is a groundbreaking support protocol built on Binance Smart Chain, operating as Decentralized Autonomous Organization (DAO). Can you please Tell me About Your “GemNFT Dapp” & About Your “GemPos App” , what are the benefit of These to use ? And lastly can you please mention other new product that GemDao have ? What makes that product special?
Where will the token be listed and what’s the relation of the token with other blockchain??