Gemma Extending Tech (GXT)

GXT is a multinational company in business in 20 countries, with its headquarters in Singapore, with corporations and offices in seven countries including Dubai, India, Virgin Islands, Vietnam, Cambodia and Kazakhstan. Major business areas are diamond trading and luxury trading.It is activating GXT through its diamond auction platform operated by GXT, global online shopping malls that can pay for cryptocurrency, cryptocurrency payment terminals (offline), and its own exchange business.

Legal Opinion of GXT Token Finished

Legal Opinion was finished by “Utility Token” through global law firms (UK and Singapore).

Code Audit Review of GXT Token Finished

Code Audit Review related to GXT Token (ERC 20) from specialized companies has been finished.

GXT Business Stability Review Finished

The review related to stability and continuity of business has been finished from the blockchain business review and valuation specialized company.

GXT Platform Security Enhancement

System security of the GXT Platform has been applied with the multiplexed security system. In particular, the abnormal symptom warning system is used for 24-hour monitoring. In addition, the personal OTP has been applied to protect the holder’s (member) wallet from hacking.

GXT Token Staking Operation

GXT Token can be only purchased through the exchanges where GXT Token has been listed after processing initial private sales of business. During the process of staking, GXT Token will be provided as rewards through the GXT Platform.

(* Rewards will be given according to the amount of staking period differentially)

Incineration Policy of GXT Token

GXT Token used and recovered in the GXT Platform are partially incinerated in consideration. The incineration amount, issued amount each year used, and holding amount will be analyzed and decided. It is for maintaining the value of GXT Token and stability of the service.