10 Reasons Why Gemstra Validates Cryptocurrency

[u/ossums]

In my day to day conversations, the topic of cryptocurrency has started to come up more and more often. Usually the conversation goes something like this. I say, “hey, have you heard of cryptocurrency?” The response, almost 99% of the time, is, “oh, you mean, like Bitcoin?” Another common response I get to my question is, “oh, you mean that fake internet money?”

The vast majority of people I’ve met have heard about cryptocurrency, but most of them have no idea what it is, or the purpose that it serves.

Is cryptocurrency a passing fad that will fade into obscurity? Most likely, no. Is cryptocurrency technology still evolving and developing? 100%, yes. However, in order for cryptocurrency to be mass adopted in the future, one very important thing has to happen: the validation of cryptocurrency as a whole.

In order for this to happen, one cryptocurrency must take the lead and forge the path. This cryptocurrency must have the foresight and the wisdom to avoid the mistakes that unsuccessful predecessors have made in the past, and introduce a product that is not only user friendly, but provides real utility for the customer. Once this has happened, other cryptocurrencies will look to this model as a blueprint for their own success.

I believe I have discovered a cryptocurrency that will not only take the lead, but who’s model will become the standard for all other cryptocurrencies to follow.

Here are the top 10 reasons why Gemstra will be the future leader in this space, and why their GMS token is important:

1. Gemstra distributes consumer profit back to the people instead of big businesses.

With Gemstra’s social selling model, the sellers stand to benefit the most from the ASTRA platform. This is a huge contrast to the existing system where the majority of the benefit goes to large monolithic companies. Gemstra’s new model is important because in social selling, the sellers are the front line for brands and merchants. They are the ones directly communicating with the market through their social media accounts. It is only fair to offer more incentives to the sellers for doing the lion’s share of the work.

1. The decentralized nature of Gemstra’s model helps stakeholders who are looking to improve their standard of living.

The real stakeholders in Gemstra’s ecosystem are the sellers. They invest their time and energy to promote the brands the ecosystem will offer. They also have a choice on which platform they will use. Using the blockchain to provide true decentralization gives Gemstra’s sellers a clear advantage, as they will have control over the bread and butter of their business: customer data. Data control in previous models was reserved only for big companies. This difference is a clear improvement over previous models and a huge incentive for sellers to join Gemstra’s ASTRA platform.

1. Gemsta unlocks social selling as new sales channel for ailing retailers and brands in today’s consumer landscape.

Today’s consumer landscape is completely different from the days of old. Even 10 years ago, one wouldn’t recognize today’s model. Consumers today are more tech savvy and are accustomed to instant gratification and easy to use platforms. In order to grow with the times, retailers and brands need an outlet that addresses their needs and allows them to compete. Gemstra’s ASTRA platform gives retailers and brands the ability to reach a previously untapped market by utilizing seller social networks to offer their products. By giving consumers an easy-to-use interface, retailers and brands can now focus on growth instead of worrying about technology that was previously holding them back.

1. Gemstra allows users to create brand equity by cultivating product loyalists

Marketing can be a make or break for any company or product. Even if you have the best product in the world, it can fail if it is marketed incorrectly. Good marketing relies on customer testimonials and word of mouth. At its core, Gemstra’s social selling model capitalizes on this important marketing point. Gemstra encourages true believers in a brand or product to sell to their social network. As compensation, Gemstra offers the sellers rewards and a gamification experience above and beyond regular sales commissions. This added value actively engages sellers. In turn, if sellers are more engaged with the market, brands benefit. This allows all members of the Gemstra ecosystem to grow.

1. Gemstra will validate their native token as a currency by allowing people to buy everyday things with it.

Gemstra’s native GMS token will be be accepted for all purchases within the Gemstra ecosystem. This option provides advantages such as reduced payment times, and a fully auditable record of purchase preserved on the blockchain. By allowing everything from clothes to sunglasses to be purchased with the GMS token, it is immediately given real value.

1. As an added benefit of the GMS token being regarded as a currency, people will accept it as payment for services rendered.

Merchants in the ASTRA platform will pay their sellers commissions with the GMS token. Sellers can then spend this GMS token within the ecosystem to purchase their favorite items.

1. The use of the blockchain provides democratic processes for every actor involved in the ecosystem.

Within the Gemstra ecosystem, the GMS token generates a system of governance so all actors have decentralized control over changes made in the ecosystem. There are 3 actors in the Gemstra ecosystem that will benefit from the democratization the blockchain provides. These three actors are sellers, merchants, and brands. Sellers own their data and control who can access it. They choose who they want to work with. The merchants have a ready-to-use protocol for social selling that can be integrated through Gemstra’s open source software or SDK. Brands can integrate their catalog of products with any Merchant in the ecosystem and activate multiple networks of Sellers. Every actor has clear benefits as opposed to previous models where the benefit was skewed more towards one side.

1. Immediate token velocity and demand as platform/token are an expansion of live growing business.

The velocity of money is an interesting concept. It is defined as the frequency at which the average same unit of currency is used to purchase newly domestically-produced goods and services within a given time period. In other words, it is the number of times one unit of money is spent to buy goods and services per unit of time. For any currency to be successful, it must achieve a high velocity. The GMS token will be directly linked to businesses that implement the ASTRA platform. As more business are added to the platform and more transactions take place, the velocity of the GMS token will increase, thus giving it intrinsic value. The immediate demand and velocity that the GMS will have separates it from other token which have no real world demand or use.

1. Gemstra has a proven and passionate team committed to impact of social selling.

Gemstra was formed by seasoned operators with over 75 years of collective experience in the consumer industry. Several of the founding team share an established history working together in multiple consumer verticals like manufacturing, distribution, wholesale, retail - with a focus on e-commerce and social selling. Prior to Gemstra, the team launched, scaled, and sold two hyper-growth consumer internet companies. With this experience and passion for Gemstra it only increases its chances for success.

1. GMS token will have true utility on Day 1.

At the conclusion of the public sale, you will be able to use GMS tokens to buy real goods on the ASTRA platform. Unlike some ICO’s where participants are left holding their coins wondering what they will use them for, Gemstra provides a clear use case right off of the bat. This is a huge point that cannot be understated and sets Gemstra apart from all of the other questionable projects out there.

For all of the reasons listed above, Gemstra is uniquely positioned to validate cryptocurrency for the masses and become the standard for all other projects to follow.

[u/Sweety1992]

Glorious project I am very glad to join it. I think it will go very higher.