StoneAge is a platform where Stones, or known as GeStone (GES) are deemed as the main mode of a transaction within the ecosystem.
GeStone (GES) can be used in the marketplace as a mode of currency, as NFTs, as auction bids, as creator’s fee, as well as games. GES is also widely accepted within other stores using the Binance Smart Chain Technology. Behold, the StoneAge and GES.
Now, the team is certain that users are curious to find out about GeStone (GES) Tokenomics.
GeStone (GES) has a total supply of 950,000,000, with an extensive and well-calculated allocation method as laid out below:
- Mining 53% — 503,500,000 GES
- Public sales 15% — 142,500,000 GES
- Partnership & marketing 10% — 95,000,000 GES
- Vault staking 10% — 95,000,000 GES
- NFT and game development 10% — 95,000,000 GES
- Liquidity management 2% — 19,000,000 GES
StoneAge has an extended elaboration on how each of the allocations is allocated as per the above-mentioned and why every component needs that certain percentage.
Head to the GitBook to find out more.
Sneak peek of the NFT Marketplace
StoneAge NFT Marketplace is the so-called A-Z NFT Platform. This is because other than NFT transactions, users are allowed to mint their own NFT. It’s so simple that it only takes a few clicks to become an NFT creator.
Initial Stone Offering (ISO)
StoneAge is launching a public sale which is known as the Initial Stone Offering (ISO) on October 15 2021 UTC 1200.
How users should participate in the ISO
Users are allowed to spend GEG or BUSD to purchase GES with each GES priced at $0.008. There is a minimum and maximum purchase applied on the ISO.
The minimum purchase limit is implemented to prevent bots while the maximum limit is to prevent whales.
- Start Date: October 15, 2021, UTC 12:00
- End Date: October 20, 2021, UTC 11:59
- Min Purchase: 12,500 GES
- Max Purchase: 125,000 GES
A total of 47,500,000 GES will be collected with BUSD from the ISO and all the collected funds will be dedicated to the team to ensure sustainable, rapid innovation, future incentives, and other products in the StoneAge.
Whereas, 47,500,000 GES will be collected with GEG and all of the proceeds here will be fully destructed to sustain the GemStone Finance (GeFi) ecosystem.
Note: Remember to prepare BNB for gas fees. Once users have made their purchase, they should not worry if they don’t see any GES in their wallet because GES will be distributed upon the official launching of StoneAge NFT Marketplace.
For more information head to the website.
What should users expect from StoneAge after ISO?
StoneAge will be listed on ApeSwap and that’s where you can get more GES. Last but not least, the Stone Age NFT Marketplace will be launched on October 22, 2021.