Limitless & Everest Launch $GEMS RWA Token With Over $600M in Collateral
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
Contact:
[email protected]
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: [email protected]
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