What Is Only Gems Finance(OGEM)? Complete Guide & Review About Only Gems Finance

What Is Only Gems Finance(OGEM)?

Only Gems Finance is a BEP20 (BSC) decentralized project with real world utility. The mission is to bring new cryptocurrency concepts to mainstream investors. Unlike older, comparable projects, they will introduce the holders to next-generation concepts such as Staking, NFTs with utility, BNB rewards, games, CoinLocator and real world utility with “The Mine”.

OnlyGems Finance Coin is a BEP 20 Token and is tradable through PancakeSwap. Within the month of planning we have made huge plans for an entire ecosystem built around the brand including staking, BNB rewards and NFT staking as well as many more exciting utilities that rewards the holders. They also have big plans for the future to add even more utility to our ecosystem with the developments of Project X, Decentralized Exchange (DEX) and Metaverse.

OnlyGems Finance Storage Key Points

The Mine

The Mine is OnlyGems Finance Coin subsidiary business where they offer professional graphic design services. There’s no limit to what you can get designed at The Mine. They specialize in animated videos, website design, banner ads and logos, but they can design anything that your heart desires. The Mine prides itself on it’s high quality designers who deliver only the best graphic design services. You can find the right design service for you and get a design you’ll love!

Vision

The vision is to create an ecosystem where investors can have fun and also be a part of a serious project that will give back to the investors in the form of buybacks, BNB rewards and staking rewards, which will be provided by generated revenue from our utilities.

How does it Work?

They have 1% tax on buys and sells in tokenomics which directly fills the treasury with BNB. Additionally a part of revenue that they earn in ecosystem with “The Mine”, CoinLocator and future utilities (Project X, DEX) is also going to be used to top up the treasury with BNB. The BNB is then used for buybacks of native token OGEM, which consequently drives the price up and creates higher price floors. Tokens that are bought back are safely stored in the treasury contract.

OnlyGems Finance Coin have BNB rewards for holders of a minimum of 7 million OGEM tokens with a 10% buy and sell tax. We’ve got some future projects in the works including; the build of project x, a decentralized exchange and metaverse plans. These will also bring more value to our ecosystem and make more revenue streams for treasury model.

They have a total supply of 100 billion tokens and current circulating supply of 99,4 billion tokens. We have project’s wallets, which were allocated as follows: 15% staking reserve, which will help us with topping up staking pools and make them sustainable, 10% for listing on exchanges if they see good opportunity, 10% for future burns which will be burned on special occasions and 8% for games, when they decide to make own p2e game and also to use it in community contests on Telegram.

Tax Structure (adjustable)

Buying tax 10%

• 3 % Marketing and Development
• 3 % BNB rewards for holders
• 1 % Liquidity pool
• 1 % Staking tax
• 1 % Treasury
• 1 % Salary

Selling tax 10%

• 3 % Marketing and Development
• 3 % BNB rewards for holders
• 1 % Liquidity pool
• 1 % Staking tax
• 1 % Treasury
• 1 % Salary

Reflections

All reflections will be in BNB.

All project wallets will be in BNB.

Minimum of 7.000.000 OGEM tokens are required to be eligible for reflections.

Treasury

Treasury is a smart contract which makes buybacks of OGEM token and stores them in a safe place. Investors can check it at anytime to see how much BNB and tokens are in there.

How does it work?

OnlyGems Finance Coin have 1% tax on buys and sells in our tokenomics which directly fills our treasury with BNB. Additionaly a part of revenue that we earn in ecosystem with “The Mine” and future utilities (CoinLocator, Project X, DEX) is also going to be used to top up the treasury with BNB. The BNB is then used for buybacks of native token OGEM, which consequently drives the price up and creates higher price floors. Tokens that are bought back are safely stored in the treasury contract.

Bought-back tokens will be devided as follows:

• 20% Burn (addition of automatic Hyper-Deflationary system)
• 80% Staking pools (OGEM Token and NFT staking)

Roadmap

Phase 1

Design Whitepaper & Website

Pre-Launch Marketing Rollout

Contract Development

Dashboard Development

Contract Audit

The Mine Startup

Public Presale

Launch on PancakeSwap

Phase 2

Listing on CoinGecko

Listing on CoinMarketCap

Influencer Shoutouts

Logo for Bscscan.com

OGEM Token Staking

Games

NFT Launch

NFT Staking

Phase 3

CoinLocator Development

Certik Audit

Exchange Listings

Expansion of Development Team

OGEM Merch Store

Phase 4

Project X Development

DEX Development

Metaverse