Gem Exchange and Trading

What is Gem Exchange and Trading (GXT)?

Gem Exchange and Trading (GXT) is aiming to become a major player in the global diamond distribution market by 2023. The company focuses on enhancing the diamond and jewelry trading experience through various innovative services.

Key Features of GXT

• GXT Token & NFT: GXT Token can be used for staking and trading on the platform. The GXT NFT service provides digital warranties for diamond and jewelry products, ensuring quality through blockchain verification.
• GXT Wallet: Allows users to deposit, withdraw, and stake GXT Tokens, as well as manage GXT NFTs. It supports easy transactions and information inquiries.
• GXT Staking: Users can stake GXT Tokens for different periods (3, 6, or 12 months) with varying rewards. The staking process is accessible via the GXT Platform.

GXT World and Auction

• GXT World: A platform for purchasing and consigning diamonds and jewelry. Users can also buy items with GXT Tokens or other payment methods.
• Auction Service: Exclusive for members, allowing bidding on diamonds and jewelry using GXT Tokens. Auctions are held monthly, and shipping insurance is covered for successful bids.

System Architecture

• Hybrid Network: GXT uses a combination of on-chain and off-chain systems for transaction speed and privacy. The platform integrates with Ethereum and offers a scalable solution for its services.
• Scalable Off-Chain Storage: Utilizes a scalable, serverless architecture for off-chain data to ensure high performance and easy verification of transaction integrity without overwhelming the blockchain network.
• Smart Contract Integration: GXT leverages smart contracts for automating processes and ensuring transparency in transactions.

Roadmap 2024

• 1Q: List GXT Token on top-tier exchanges, advance GXT Land Metaverse Platform, and progress NFT-based adventure game development.
• 2Q: Launch GXT Land Metaverse Platform with avatar item functionalities, and release the NFT-based adventure game.
• 3Q: Host online events in GXT Land Metaverse, expand land, and update the adventure game.
• 4Q: Launch GXTEB Web 3.0 project, deploy over 10 dApps, and update the whitepaper.

Team Background

Main member of the GXT Platform team includes:

• Jay Koh: CEO, with expertise in blockchain and co-founder roles.
• Irvan T: CSO, specializing in partnerships and marketing strategies.
• Nette Ramos: Marketing Manager, with a strong IT background.
• Tricia Gabrielle: Project Manager, focusing on strategic communications.

Other Projects in the Collectibles Category

• SuperVerse: offers Web3 products, NFTs, and immersive blockchain gaming experiences.
• Aavegotchi: merges gaming and finance, enabling users to buy, sell, and upgrade NFT avatars.
• Avocado DAO: a DAO focused on expanding blockchain technology and supporting the metaverse and virtual gamers.

Gem Exchange and Trading Price Analysis

As of January 15 2025 Gem Exchange and Trading has a marketcap of $1.5K. This is {{percentagefromath}} from its all time high of $1.022. In terms of its tokenomics, there's a total supply of 500M with 17% currently outstanding. Keep in mind Gem Exchange and Trading has a fully diluted value of $9.1K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude