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Secretive organisation GEM Foundation reveals its some of the basics of how it works. The GEM Foundation - functions for the benefit of the GEM community, therefore any iniatives and suggestions cannot be accepted if they act to the detriment of GEM holders.
Gem Foundation is the holder of 6% of GEM tokens:
GEM tokens can only be spent on the development and development of the GEM project, any other use of the tokens is not allowed; GEM tokens are used with the consent of GEM Foundation members and GEM community; tokens become available for possible use if the capitalisation of the project reaches 1 million and remains at this level for more than 7 days.
Decision Making at the GEM Foundation:
decisions are made after each participant has eaten delicious and hot food; decisions are made by a majority vote of the GEM Foundation participants; Mr. Satoshik has the right to block a decision of the GEM Foundation participants if it is against the principles of the GF and is detrimental to the GEM holders.
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