The Gem project plans to burn up to 99% of its initial supply on the TON blockchain by the end of 2025

This move will leave only 10 billion $GEM in circulation from the original 1 trillion.

These dramatic changes have been made possible thanks to Gem Chain’s unique technology, which supports lightning-fast, fee-free transfers of your favorite TON tokens without leaving Telegram, while keeping resource consumption low.

A more detailed cap table will be released soon, following the completion of tests on our L2 solution. Over 20,000 users have already made 100,000 transactions, with numbers growing daily.

Remember, a key feature of Gem is the ability to launch EVM-compatible smart contracts, a technology trusted by industry leaders for the past decade. This opens up entirely new possibilities for Telegram’s ecosystem by combining the reliability and experience of EVM with TON tokens.

The updated tokenomics significantly boost GEM’s value, especially for our long-time holders who have been with us since the early days. The projected final distribution of GEM will be as follows:
- 10% – liquidity for decentralized trading
- 30% – community
- 30% – partnerships and long-term investors
- 30% – team

This structure ensures balanced influence over the project’s growth.

@gembot