Gemie Staking Program — Stake your $GEM to win up to 5000 $GEM!
Following the listing of $GEM token on Kucoin in October 2022, Gemie is launching a staking program. In case you don’t know, $GEM is the native token in the Gemie ecosystem, with a maximum supply of 1,000,000,000. It is an ERC-20 Ethereum-powered utility token that will be used for in-game transactions, governance, and staking.
From 11 January 2023, we will be launching the first phase of our $GEM staking program. If you are among the first 50 users that stake $GEM on Gemie for 7 consecutive days, you will be able to claim an in-game wearable NFT — our Statue of Liberty avatar digital collectible. At the same time, you will have the chance to win up to 5000 $GEM (3).
Staking details:
- Staking period (to start staking): users can begin staking any time between 11 January 2023 12:00 UTC and 20 January 2023 12:00 UTC
- Staking amount to qualify for reward: 1000 $GEM
- Reward allocation (6): first 50 users to complete 7 consecutive days of staking once the program is launched
- Staking reward: Statue of Liberty costume (NFT that functions as a Gemie metaverse wearable asset), Chance to win up to 5000 $GEM (3)
How to stake your $GEM
1. Log in to Gemie and connect your wallet.
Log in to Gemie with your existing account, or create a new account. Next, connect your account to your wallet that contains $GEM. If you don’t know how to connect your wallet and enter the Gemie metaverse, click here.
2. Click on the ‘Staking’ tab on Gemie website.
3. Select and confirm the staking reward type.
On the Staking page, select the staking reward type. For this phase in staking, the reward will be our “Statue of Liberty costume”. Add the item to the list by clicking the “Stake” button.
You will then see a ‘Confirm Staking’ pop-up window showing the staking summary. Make sure the details are correct, then check the box “I agree to the Gemie Terms of Service” and click “Confirm”.
4. Authorize the $GEM transaction in your wallet.
Authorize and confirm the transaction to complete the staking process.
Feel free to reach out to us through Twitter or Discord if you have any questions.
Terms & Conditions:
- By entering the staking program you are agreeing to these terms and conditions.
- To participate in the staking program, users have to hold a Gemie account and connect their wallet to their Gemie account.
- By staking 1000 $GEM, users are eligible to take part in a prize draw to win either 2500$GEM or 5000$GEM. The prize pool of the prize draw totals 10,000 $GEM, and the distribution is as below. There will be a total of 3 winners. Winners are picked by Gemie and they will not win (a) and (b) at the same time. (a) 5000 $GEM (Quota: 1), (b) 2500 $GEM (Quota: 2).
- The staking duration is 7 consecutive days, users can start staking anytime from 11 Jan 2023 12:00 UTC to 20 Jan 2023 12:00 UTC.
- Each user can only take part in this round of staking once.
- Max 50 users can enter the staking program on a first come first served basis. The first 50 users that fulfilled the staking requirements will be eligible to get the NFT Reward and take part in the prize draw.
- Winners of the prize draw will be announced on our social media channels within approximately 7 days after the campaign has ended. Please keep an eye on our socials.
- In case of any disputes, Gemie reserves the right to cancel the prize draw or amend these terms and conditions at any time, without prior notice.
About Gemie
Gemie is an Asia-focused entertainment metaverse platform and premium NFT marketplace. The start-up was founded in 2021 and aims to reinvent the entertainment industry by building fan and celebrity communities, connecting them through customized virtual planets and digital collectables.
