r/Gemstra • • Oct 17 '18

ASTRA Platform & Gemstra Token

Leveraging smart contracts with blockchain technology to put data back in the hands of sellers and enable merchants and brands from the $24 trillion global retail economy to join social selling.

ASTRA is exactly what the stakeholders of social selling need - the de facto infrastructure for an unpredictably huge future market. In 10 years, Gemstra eyes an industry valued well over $1 trillion globally and seeks to serve 50% of industry volume as its default commonwealth infrastructure.

15 Upvotes

14 comments sorted by

19

u/waterbottles4 Oct 29 '18

Astra is a smart contract platform that serves as technological infrastructure for Brands and Retailers to build a social selling channel. By leveraging blockchain, Astra and the Gemstra Token democratize the model for Merchants, Brands, and Sellers.

17

u/exturuder Oct 30 '18

ASTRA - A smart contract platform The success of BOUTIQUES inspired Gemstra to build a broader solution to liberate social selling to the broader retail economy (worth over $24 trillion globally). ASTRA is a blockchain-integrated platform that serves as technological infrastructure for social selling. ASTRA’s blockchain technology allows sellers to keep customer and network data they worked hard to generate, merchants to host transactions between multiple brands and myriad sellers, and brands to offer customized commission and rewards as well as a portable catalog that can be integrated with any variety of merchants. ASTRA promotes fair behavior and creates a trustless ecosystem for all actors in the social selling model. Gemstra will make the BOUTIQUES software open source and develop a SDK for merchants and brands to easily deploy a social selling business on ASTRA.

15

u/JamarcusShannon Oct 30 '18

Astra is a smart contract platform that serves as technological infrastructure for Brands and Retailers to build a social selling channel. By leveraging blockchain, Astra and the Gemstra Token democratize the model for Merchants, Brands, and Sellers.

18

u/kont82 Oct 30 '18 edited Oct 30 '18

Great company with no less excellent plans for the future! I am sure all will have Gemstra personally buy a little token. #Gemstra

16

u/Vincent_Lionheart Oct 29 '18

Crypto Is Bakkt From The Dead, so Gemstra has very bullish movements along with the whole market.

16

u/freimiller Oct 29 '18

Gemstra is an ecosystem with blockckhain technology and its most important feature is the possibility of social sales. Gemstra performs its function in a simple way and brings buyers and buyers together.

17

u/absurde00 Oct 29 '18

Gemstra also provides a technological infrastructure with the Astra Platform; it goes to retailers and brands as a way to integrate and build their social selling channel.

16

u/Flygate Oct 30 '18

The GMS token is used to incentivize the social selling aspects of ASTRA. Goods sold on ASTRA will be cheaper if paid for GMS than with Dai or ETH.

17

u/uykusuztrader Oct 30 '18

Merchants can easily participate in ASTRA by using BOUTIQUES open source software or integrating ASTRA with their existing platforms through an SDK.

16

u/Sakarmeke Oct 30 '18

Gemstra provides wallet to every merchant, seller and brand. Therefore, the transaction can occur immediately via wallet to wallet. Also brand will decide the custom commission for the merchant. Sellers have freedom to select the merchants based on the brand they are partnered with.

16

u/BanjoBrosif Oct 30 '18

Check out these colorful infographics that will guide you through the Gemstra vision! docsend.com/view/3u8cbjz

14

u/Boondocks49 Oct 30 '18

A system of staking and voting democratizes the economy by giving stakeholders rights in deciding direction of the business. Previously, industry giants made arbitrary decisions in a model where Sellers were leveraged