Gemstra

Gemstra

Created using Figma
Created using Figma
Gemstra ICO is a blockchain integrated ecosystem for social sales economies. Gemstra BOUTIQUES is our flagship market that connects brands and sellers through social sales. The success of the boutique led to building a block chain platform ASTRA, which serves as a technical infrastructure for retail merchants to join the economy of social sales. By making the BOUTIQUES marketplace software open source and creating Gemstra SDK, Gemstra makes it easy for any retailer (retailer) to easily add social sales channels to the business.
Presale
Oct 1, 2018
Nov 30, 2018
31% completed
Raised funds - no Data
ongoing
Private Sale
Aug 1, 2018
Sep 30, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
GMS
Accepted Currencies
ETH, BTC, USD, FIAT
Company Details
Registered Country
USA
Additional Details
KYC
Yes
Categories
Platform, Cryptocurrency, Retail, Business services

About Gemstra

We liberate Social Selling

The commerce juggernaut.

Social selling is growing at an astounding rate. With a worldwide market over $180Billion (USD) growing 10% per year, social selling is poised to be the largest gig economy of the future. Industry leaders like Amway and Avon empower teams of independent sellers to earn income by sharing products they love through people they know. 120 million people worldwide benefit from social selling today with adoption accelerating as the social media gives them more reach than ever. Social selling is on pace to exceed $1 Trillion within 10 years, yet this growing industry is far from perfect.

Gemstra Roadmap

  • July 2008- Early Idea

  • Envisioned ecommerce / marketplace disruption of direct selling industry.
  • 2010- First Attempt

  • Launch horizontal portfolio of ecommerce brands.
  • 2013- Second Attempt

  • Launch omni-channel single brand called JewelScent.
  • May 2015- Pivot

  • Start building the Gemstra Backoffice platform.
  • Read More
  • May 2017- Alpha

  • Gemstra Boutiques - centralized Merchant with decentralized Sellers and Brands.
  • June 2017- Expand Vision

  • Gemstra Token - economy to truly decentralize social selling economy.
  • July 2017- Beta

  • Gemstra Boutiques August 2017 Add 7 Brands to Gemstra Boutiques.
  • September 2017- Proof of Concept

  • Smart contract economy to transact retail sales between Seller > Merchant > Brand on ERC20.
  • October 2017- Proof of Concept

  • Customizable multi-level economics.
  • June 2018- Broker-Dealer / Legal

  • Established Broker - Dealer engagement with Entoro for STO offering and finalized legal for private Token Subscription Agreement and ICO.
  • July 2018- Pre-ICO

  • Prepare/Launch pre-sale for GMS token.
  • October 2018 - GMS Token

  • Add GMS Token support at checkout layer + Seller GMS withdrawal for commissions.
  • November 2018- Public ICO

  • Prepare/Launch public sale for GMS token.
  • December 2018- End ICO

  • Completion of the Public Sale/Distribution of tokens.

Activity

Activity:
434
VERY HIGH
Posts:
230
MEDIUM
Views:
3 067
LOW
Posts:
73
LOW
Followers:
5 644
HIGH
Likes:
5 550
HIGH
Rating:
5
VERY HIGH
Reviews:
71
MEDIUM
Followers:
6 118
HIGH
Tweets:
82
LOW
Members:
14 116
VERY HIGH
Investors Detected:
1.62%
Alexa
Rank:
892 298
LOW
Delta:
-1 546 551

Team

Verified 100%

CEO
verified
CRO
verified
COO
verified
CFO
verified
CTO
verified

Advisors

Verified 25%

Attention. There is a risk that unverified members are not actually members of the team

President Epox International
unverified
Serial Entrepreneur
unverified
President & CEO Princess House
unverified
Blockchain Advisor
verified
Ex C.O.O. Of BeautyCounter
unverified
Chief Marketing Officer
unverified
Co-Founder, Mucker Capital
unverified
BountyHive CEO
verified

Gemstra Interviews

Jay Cheng
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
We are passionate about redistributing consumer profit back to people, decentralizing the social selling industry and unlocking it to broader retail, and creating an ecosystem that provides democratic process to an industry that has historically leveraged stakeholders (independent sellers). We have a thriving live business that will use this technology and allow us to improve it before onboarding other merchants. We have strong crypto use with 2-way velocity - Commission and Purchase - as early as October
Joseph Lau
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Hi,
I'm Joseph Lau, CRO of Gemstra and I'm extremely excited to be working on this project to unlock the $24 trillion global retail industry.
Kevin Gambill
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Gemstra COO
Janelle Mitchell
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As the CFO of Gemstra, I am excited to bring the currency to brands, retailers and buyers in furtherance of commerce.
David Odere
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
GEMSTRA is a blockchain-based technological infrastructure that democratizes and unlocks social selling, powering the largest gig economy of the future.
Paul Sri
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am helping advise Gemstra as their blockchain advisor. The ASTRA platform is going to revolutionize social selling by democratizing data and allowing social sellers to to be in control of not only their data, but also who they sell for.
Tudor Stomff
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I advise the team on the marketing aspects. As for the idea, I believe it was about time for an alternative to appear in a market dominated by only a handful of companies so I'm pretty excited to see how things will change after Gemstra goes live.

Last News

4.15
positive
5.0 19
ICO Profile Vision Activity Potential Product Team

Gemstra Reviews

thetechinsider.org
Reviews

Positives
Social Selling: Gemstra’s main advantage is that it creates a social system where buyers, brands, and merchants can conduct business. This makes it easier for users to get their desired products through working with their system.
Brand Incentives: Companies with an established brand will be able to thrive using Gemstra. The platform allows brands to create sales and profits by integrating their product catalog.
User Incentives: Buyers who use Gemstra’s platform find it easier to find their desired goods. Since Gemstra’s token is cheaper than ETH, it allows them to buy their favorite products at a reasonable price.
Negatives
Scaling: While it sounds like a robust platform, we’ll have to see how Gemstra’s servers will hold thousands of users. If its able to do this, then it will have the edge over the competition.
High Competition: Since Gemstra is related to the social selling industry, it’s placed in direct competition with social media networks such as Facebook, Twiter, Instagram, etc. Other ICOs have decided the same thing.

Read More
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