# tokenomics

The following information was scratched on the ancient tablets:

> Chain: **TON**\
> Name: **NotBlumHmstrCatiDogsWoof**\
> Ticker: **$GEM**\
> CA: **EQA1cdXEKWrt-I2U7MV1hJ8FpduwJu6CydoioAYtOr921wyg**\
> Category: the best memecoin on TON\
> Total number of tokens: **1 000 000 000**\
> Number of tokens in circulation: **100%**

The $GEM token was launched on 23 August on the Gaspump platform with no pre-announcements, no presales, no investors, no credit, no loans and no help from mum and dad.\
\
With complex mathematical calculations, the tokenomics of $GEM was formed:

> 6% of GEM tokens - owned by GEM Foundation, which will be spent on the development and development of the project; \
> 94% of GEM tokens - were freely placed in the pool for purchase.

Gem Foundation plans to send 1% of GEM tokens to Pavel Durov's wallet when the project's capitalisation reaches $1 million and the capitalisation remains at that level for more than 7 days.


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