01 - What is Gorgeous?
Launched 20th June 2021, Gorgeous is a global collective of influential individuals from a wide range of sectors, experienced in developing scalable digital products and committed to championing positive action in the cryptocurrency space.
02 - Where can I get Gorgeous?
03 - What is the official token address?
04 - Is Gorgeous on social media?
05 - What are the tokenomics?
There are only 100,000,000 $GORGEOUS tokens created, and we've burnt 61.8%. The charity wallet received 4% of the initial supply to facilitate donations to charities, foundations and causes each Friday via a community-polled vote. The project wallet received 4% of the initial tokens to ensure the continual growth of Gorgeous, and our core team received 2% of the tokens. A presale of 14.1% was received by 15 wallets. Upon launch, the remaining 14.1% was allocated to liquidity.
A redistribution fee has also been placed on all Gorgeous transactions. As standard, all sales will garner a 15% fee, with 4% added to the liquidity pool, 4% distributed between each $GORGEOUS holder, 3% added to the charity wallet, 3% added to the project wallet, and 1% is burnt to the dead wallet.
NOTE: The liquidity fee is held in the renounced contract on buys and added to the LP automatically on sells. This mechanism is there to hold the market cap and ensure we climb steadily, even when we have paper hands selling. An example would be if we had 20 x buys for 100.000 tokens, the fees collected would be 80.000 tokens worth of BNB, then if someone sells 100.000 tokens, they would receive 85.000 tokens worth of BNB and the contract would supply LP with 84.000 tokens worth of BNB. This mechanism will ensure sellers have less impact on the market cap.
These fees, whilst high, will benefit everyone that believes in the project and allow us to pay forward larger donations and build projects that will help many people in need.
Lastly, to help contain the growth and prevent whales from rugging the token, a max buy of 1% and max hold of 4% have been implemented.
06 - Is Gorgeous rug-proof?
Upon launch the contract ownership was renounced, meaning developers cannot change the code. Additionally, the LP is locked until 1st Jan 2100, meaning the playing field is fair game, and the token can go as far as the community and the team push it.
Furthermore, the aggressive tax being added to liquidity creates a larger and larger cushion, reducing the price volatility as the coin gains traction, effectively making trading the token safer as the community of Hodlers grows.
07 - Has Gorgeous renounced ownership and added the remaining tokens to liquidity?
After launch, Gorgeous renounced ownership, meaning no actions can alter the token or its supply (so no mint feature can be called).
The LP tokens, after allocating 10% among the charity, project, and team wallets, will be locked until 1st January 2100, essentially meaning they are in the abyss (that's a good thing)!
08 - Is their proof of the LP and the contract being renounced?
09 - If I hold 4% of the supply, will I get the transaction tax burn?
Yes. Even if you hold 4% of the total supply, your wallet address will still receive the redistribution.
10 - Does the charity and project wallet have fees too?
No. To ensure we grow the token to its fullest and make the largest impact with our donations, these wallets have been filtered out of the transaction tax. The team wallet still abides by the taxation on transactions.
11 - What is the charity wallet address?
12 - How are charities chosen for a donation?
The community will lead donations with a voted poll on our charity.higorgeous.io. Each Friday, the team will donate to the charity or crowdfund that has the most votes.
The team may add organizations that follow our goals, mission, and merit creating partnerships that will help expose Gorgeous and the wonderful projects we are working on.
Additionally, charities may apply to be added to our voting. Again, the donation amount and address will be determined by the community.
13 - What is the project wallet address?
14 - What is the project wallet used for?
The project wallet will facilitate our marketing efforts in growing Gorgeous.
In addition, $GORGEOUS may be swapped and sent to other wallets to cover the costs of our projects, expenses, extending our team, and rewarding individuals in our community that go beyond the call of action. We will do our best to document these expenses in a monthly report.
At times, you may see the project wallet burn $GORGEOUS tokens to a dead wallet, implemented to be beneficial and rewarding for those engaged for the long term.
15 - Who is the team behind Gorgeous?
Doxxing (revealing your identity) is not the norm this soon into the release of a project. Due to the volatility of the crypto space, traders can get very emotional about price movement, and doxxing exposes team members to additional risk. For this reason, team members are still waiting for liquidity to build before making their identities public.
Rest assured that this entire team is in it for the long haul, and as Gorgeous grows, our team members will be comfortable sharing their identities.
16 - What is the team wallet address?
17 - Why does Gorgeous not show up in TrustWallet or MetaMask?
There's a simple solution to this. You've got to add it as a "custom token."
There are 3 steps:
In TrustWallet or MetaMask, click to "add a custom token."
Add the Gorgeous contract address shown here on BscScan in the "Token Contract Address." Make sure to select the Binance smart chain.
The token should now be visible in your wallet. If you still have questions, you can ask the community in the telegram here.