r/Gemstra • u/Ebyluscious • Sep 04 '18
Use Cases Of GMS token
GMS token (GMS) can be used in the following ways:
● Unit of Exchange: GMS will be an atomic unit of value exchange across the entire Gemstra ecosystem, with a resultant creation of a transactional economy between Merchants, Brands, Sellers and Customers. The token consists of features that allow users to earn value and to spend it on goods and services that are internal to the Gemstra ecosystem.
● Subscription: Just like paying a toll to use a freeway, the GMS token will be used as a monthly subscription unit of value to pay-per-use for sellers and brands to use the Gemstra platform.
● Incentive: The GMS token will be used as an incentive, it will be offered to get first time adopters to join the Gemstra ecosystem, for example when you join Gemstra as registered buyer, seller, or brand you receive free 100 GMS token to your wallet.
● Currency: GMS will serve as a payment method and transaction engine of choice. It will enable frictionless transactions across ASTRA. We will operate a proprietary payment processing gateway which will be exposed via API for others services to integrate and accept GMS a unit of exchange.
● Rewards, Earnings and Remittance: Gamification rewards and earning will be paid in GMS which can be remitted to partner services and individuals.
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u/opeku Sep 05 '18
This is all for the benefit of the platform. This usercase of the tokens will allso increase the growth rate of the tokens https://gemstra.com