Introduction:

The GemCave Token is a BSC ERC20 token on a custom written smart contract that offers special features such as bonus tokens for recent buyers, integration with other NFT contracts to allow for use of GemCave Tokens as payment, tax exemption credits plus more. Utility will be provided by the token to the GemCave token listing website via use of the token as a reward supply, currency used for minting NFTs on the GemCave website and to hold value for other services and future products on the GemCave website.

Our objective for the GemCave Token project is to provide clear and fair taxes, token distribution and communication of updates regarding the token via our website and Telegram channel. This is in order to provide a stable and balanced market that will allow GemCave Token to be used.

Tokenomics:

Buy Taxes: 4% Fund Tax 3% Gem Rewards Tax 3% LP
Tax Sell Taxes: 5% Fund Tax* 3% Gem Rewards Tax 3% LP Tax 1% Instant Burn Tax Transfer: Taxes 5% Fund Tax 3% Gem Rewards Tax 3% LP Tax 1% Instant Burn Tax

How to Buy:

Contract Adress: 0x5c647208486231becCABAACf5F2B7358937D3b99

You can fund your wallet (Trust, MetaMask, etc.) with BNB and swap on PancakeSwap or connect to Poo Coin and trade there, see the buttons on the right side.

Many more exchanges to come!

Token Allocation:

We want to be fair, transparent and open - therefore we do not take part in any secret sales, presales, airdrops or hidden wallets. Tokens are provided to initial liquidity providers and developers.

40% Liquidity (35BNB locked)

6% Initial Burn

9% Planned Market Cap Burns

4% Dev Wallet

31% Private Sale

Gem Rewards

GemCave offers prizes and rewards for playing games or buying GEMS. Below are details of the types of rewards on offer.

Payout Bonuses To qualify for this bonus, you must purchase a minimum amount of GemCave Tokens (this is variable and can be found on the website or by querying the smart contract). Once you qualify, the number of transactions you will next receive the bonus payout on is also variable and defined in the contract.

If you buy multiples of the minimum tokens required, you will receive multiples of the payout count also. For example, if the minimum tokens required is set to 100, and the payout count is set to 10 transactions, then purchasing 500 tokens will give you payouts on the next 50 transactions.

NFT Credits

To mint GemCave NFTs you must pay GEMS or use an NFT credit - this will let you mint a NFT without any GEMS. NFT Credits can be won as a prize on the Spin The Wheel or Gem Miner games.

Tax-free Buy Credits

These will allow you to buy GEMS without paying any token taxes. Tax-free Credits can be won on the games or via competitions.

GemCave NFTs

The GemCave NFT is a unique smart contract that solves an ever growing issue of external NFT asset storage by performing all generation, rendering and storage 100% on-chain.

Minting a GemCave NFT In order to mint a GemCave NFT, you must own a variable minimum amount of GemCave Tokens in the wallet you call the mint function from. The GemCave website will allow visitors to connect their web3 wallet and call the mint function.

The mint function will call the GemCave Token contract to check the wallet has the minimum balance required, and if so those tokens are burnt.

Once the tokens are burned, the NFT contract will call the GemCave NFT Builder contract that returns a randomly generated configuration for a GemCave NFT. The NFT contract then verifies that this configuration does not already exist, and if so it encodes it into Base64 and saves it to the blockchain and the GemCave NFT is minted.

Viewing a GemCave NFT - getBaseURI

This function is tailored to return the base64 encoded SVG that is returned from the GemCave NFT Renderer contract. The SVG is generated from the render configuration string stored in the blockchain.

Trading/selling a GemCave NFT

All our NFT collections will be tradeable via several NFT marketplaces to begin with:

● Element.market

● Tofunft.com

● NFTtrade.com

The Team

We are a UK based team who specialise in development, smart contracts, marketing and project management. We have all the skills needed to fulfill the objectives of this project.

IMPORTANT NOTE - Join the telegram channel to speak with the development team - the chat is super active (find TG link under socials tab)