Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Gems Launchpad, a community-driven launchpad for exclusive investor networks, launches its Virtual Miners product to provide its community with a robust new investing vehicle.
Gems launches Virtual Miners, here’s who might benefit
Gems, one of the most popular new-generation launchpads for emerging cryptocurrency projects, introduces a fresh monetization tool, Virtual Miners. This instrument is set to unlock new opportunities for predictable and attractive income streams for its community of enthusiasts.
It should be noted that Virtual Miners are a unique investing product that has nothing to do with proof-of-work (PoW) hash mining on blockchains like Bitcoin (BTC) or Kaspa (KAS). Instead, the holding miner gives its owner exclusive access to revenue from coming project on Gems Launchpad.
Gems Miners' launch targets the ecosystem's 3,500 leaders, operating as community managers bringing in other investors. Gems grants early-stage projects a safe and valuable mechanism to raise funds while providing investors early access to quality ventures. Gems determines which projects are worthy of joining the launchpad, undergoing a thorough vetting process to protect Gems’s Leaders and its more than 2.5 million users.
A Gems Miner is a tool to generate tokens from premium projects launched on the Gems Launchpad, enabling passive portfolio diversification. Owning a Gems Node unlocks the ability to run multiple Miners, ensuring a structured, incentive-driven ecosystem.
There are three types of Gems Miners: Mini, Miners and Mega, each offering different token generation rates. Miners can be traded and transferred between wallets on secondary markets, providing flexibility and liquidity. The first series of Miners unlocks earning potential by allowing users to mine tokens from these four exclusive premium projects: Incentiv, Olympus AI, RAIN and Prodex.
$40 million cap set for Gems Miner sale: Special offer
Gems Node is an integral part of the Gems ecosystem, enabling operators (or holders) to receive token airdrops from Self-Serve projects launching on the Gems Launchpad and projects listed on Gems Trade. Gems Nodes act as activation tokens with the ERC 1155 token standard, come in a single type and are sold at a fixed price of $99. They are represented as non-tradeable, non-transferable ID tokens, and serve as a gateway to rewards and ecosystem participation.
Isaac Joshua, CEO of Gems Launchpad, is excited by the scope of opportunities the new developments open up for the global community of cryptocurrency investors:
Miners and Nodes are the culmination of constructive feedback from our community. It’s about empowering our Leaders, community, and the broader Gems ecosystem by providing a more durable architecture that benefits all. We acknowledge that not every project may become a unicorn, but with our focus on diversification, now investors can easily spread their funds across a range of tokens. With a small entry price, investors may win big, but if not, they will only lose small.
Gems virtual Nodes can be purchased only with Gems, while Miners can be bought with USDT. Nodes operate indefinitely, continuously receiving rewards as new projects launch via Gems Launchpad’s new Self-Serve feature.
Miners have a two-year operational period per project, beginning at the token generation event. There can be an unlimited number of Nodes, while Miners are limited based on a hard cap of $40 million.
Once that hard cap is reached, the sale of Miners will end. Both Nodes and Miners can be purchased without a code from a Leader by anyone, though a Leader code does provide a 50% discount when purchasing a Miner.
Vladislav Sopov