Perception is often reality, and in crypto, this is especially true. Despite the market’s continuous and steady growth over the past decade plus, the perception that the asset class is volatile remains its reality.
The market’s volatile price swings often pressure long-term and short-term investors to abandon ship in the face of drastic market downturns, opting to cut their losses due to crypto’s unpredictability. While this investor behavior mirrors traditional financial (TradFi) markets, the uniqueness and novelty factor of crypto leads more investors to offload their investments to avoid a complete free fall, fearing the unknown.
Unlike TradFi, investment insurance options in crypto are extremely rare. However, Gems Launchpad, a central piece of the broader Gems ecosystem that serves as a diverse financial hub, launched a financial safeguard program in March designed to shield users who invested in its Gems Miner initiative. Gems Miner is a blockchain-based tool empowering users to diversify their crypto portfolios by generating tokens from four premium projects launched via the Gems Launchpad.
Gems Protect provides the Gems community with a rare risk-mitigation tool that allows investors in its miner program to offset 75 percent of their initial investment if their portfolio drops by more than 25 percent. This feature, implemented via smart contracts to ensure transparency and automation, offers an additional layer of financial security for investors, enhancing the sustainability of the broader Gems ecosystem.
Now, Gems is expanding its Gems Protect offering by instituting the first fully-backed crypto refund option. The “Credit Refund” feature provides Gems Launchpad’s Premium members with the flexibility to exchange tokens purchased from Gems Miner and receive a 100 percent refund that can then be used to invest in other launchpad projects, expiring only after a year. This mechanism aligns with Gems’s commitment to enhance investor satisfaction while ensuring investments remain within its ecosystem.
Discussing the new Credit Refund feature for Gems Protect, Isaac Joshua, CEO of Gems Launchpad, said: “Insurance in crypto is almost unheard of, and a full credit option covering one’s investments is unthinkable, yet that’s what Gems is doing.”
Amid economic uncertainty in both traditional and crypto markets, Gems is intently focused on equipping its investors and community with financial safeguards while supporting ecosystem stability. By extending the Gems Protect program with the Credit Refund feature, Gems offers its users an additional layer of protection, alongside the intangible benefit of peace of mind.
“With the extended version of this program, we’re giving back to the community by providing members with ultimate investment safeguard,” said Joshua, adding that it provides its community with the “freedom to invest responsibly, confidently, and securely.”
Members who use the Credit Refund option must log into the Gems Launchpad platform and connect the same wallet used for the original purchase. The platform will automatically detect the number of tokens purchased and the purchase value, with the maximum credit being calculated based on the amount of tokens purchased during the launchpad’s private sale. This means that if a member bought more tokens later, the credit will only apply to the token amount purchased in the private sale via the launchpad.
Initially, the Credit Refund option will be available only to Gems Premium Members who hold 3,000 or more $GEMS tokens. This initial access is a way to express our gratitude and appreciation to our most dedicated supporters and community members. A few days later, the Credit Refund option will become available to all Premium members.
