CGEM Token Update: Token Burn Plan and Future Airdrops

Everyone, hope your weekend is going well! Yesterday we launched the CGEM token on the Solana blockchain which we are very excited about. The link to trade it can be found above.

I wanted to mention that I believe the token is fundamentally undervalued at the current market cap of $19,360, especially given plans to purchase it with platform fees and referral income from CaptureGem. As such, I am announcing the first plan to purchase and burn up to $10,000 of the token between now and September 15, 2025, thus reducing the supply. Anyone who wants to buy it at the current valuation has the opportunity to do so.

In addition, the current premium members and many cam models will be entitled to receive airdrops of the token at a future time (once the engineering side is done). The specific amounts are still TBD and I am working on a plan for this. We do not currently have plans to lock up the token to provide flexibility for the airdrops and other reward vesting schedules.

The token will be an add-on feature to CaptureGem, at no additional cost to users, so feel free to disregard all this if crypto is not your thing. The token is meant to be a fun aspect of the platform.

Legal disclaimer: CGEM is a utility token and not an investment security. Please purchase at your own risk