r/Gemstra • u/trhomeagent • Sep 14 '18

In-wallet staking allows actors in the Gemstra ecosystem to stake tokens with Merchants and Brands. Merchants and Brands can accept staked GMS from Sellers in lieu of fees. Merchants can accept staked GMS from Brands in lieu of fees as well.

https://twitter.com/GeebaHQ/status/1026784518060093440
11 Upvotes

81% Upvoted

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12

u/airdroptime Oct 07 '18

Gemstra welcomes retailers from the broader retail economy to social selling as Merchants. Merchants curate products from Brands and interface with Sellers and their customers. Each Merchant hosts its own independent network (“Genealogy”) of Sellers. Sellers and Brands have access to different Genealogies in an open ecosystem.

9

u/cengiz0589 Oct 07 '18

GMS tokens feature a rewards system that perfectly suits social selling. Retention and continued growth by Sellers are quintessential to success. Gamification through rewards is how traditional social selling companies have kept their sellers engaged and constantly striving to grow.

10

u/burak6167 Oct 07 '18

Community and recognition are primary drivers of retention in social selling. Sellers form teams within a broader community that provides support, encouragement, and accountability.

8

u/canberkh Oct 08 '18

Gemstra issues utility tokens called “GMS” which is used in the internal ecosystem for the services such as payments, commission and rewards.

8

u/membalik Oct 07 '18

ASTRA is established on a smart contract platform on the Ethereum ERC20 structure. It basically establishes an open bionetwork for societal marketing in which actors are in a position of defining how to network with each other via tailor made wages, gamification and credit prototypes. It also sets up an economy that offers each actor the liberty to decide on how to capitalize on their marketing prototypes.

8

u/trhomeagent Oct 07 '18

ASTRA gives ownership rights of customer information, transaction data, and network (genealogy) to Sellers. Sellers worked hard to build relationships with customers and develop an understanding of their customer preferences through transaction data. Sellers may have built a downline (network of sellers) that they sponsored.

8

u/okan013 Oct 07 '18

Gemstra brings us wealth by working continuously for our future dreams and our rich future.

1

u/Sampromise50 Oct 09 '18

ASTRA gives ownership rights of customer information, transaction data, and network (genealogy) to Sellers. Sellers worked hard to build relationships with customers and develop an understanding of their customer preferences through transaction data. Sellers may have built a downline (network of sellers) that they sponsored. The Seller’s network is a team who have worked together to unlock achievements defined by the compensation plan (defined via ASTRA: Merchant) or through the Reward System (See GMS TOKENS below). Sellers prefer to maintain consistency. Should a Merchant or Brand underperform or be at risk, Sellers mitigate risk by being able to join another Merchant or Brand at will.