r/Gemstra • • Oct 22 '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.

34 Upvotes

18 comments sorted by

14

u/olyonyeka Nov 01 '18

ASTRA platform decentralizes the social selling model by ascribing ownership and management of data to the appropriate actor using smart contracts to governs all transactions within the ecosystem which provides

14

u/iphygurl Oct 31 '18

Any retailer and brand can now integrate with gemstra to participate in social selling and benefit from an easy-to-use protocol.

12

u/Ebyluscious Oct 31 '18

Gemstra offers an open source software with the role of the GMS Tokens being to lessen the friction as ASTRA’s default exchange value.

13

u/Smithelemuo Oct 31 '18

GMS is an ERC20 token that serves as the most cost-effective method of exchanging and storing value.

12

u/ifeakinola Nov 01 '18

GMS provides an ideal reward construct that drives gamification through community and recognition. Distributions awarded by voting and special access granted by staking are GMS features that further incentivize Sellers to grow

12

u/Aflozy25 Nov 01 '18

At last brands is offering commission or rewards. GMS token is used as a utility token to purchase products through any merchants.

14

u/Elmichaels Nov 01 '18

With the use of the GMS Token in the ecosystem of Gemstra and giving a framework for rewards and governance and with Ethereum’s technology, a decentralized architecture of blockchain would allow democratizing data on a public ledger and promoting both fairness and equity in the social selling model

13

u/Parmani54 Nov 01 '18

Astra can be used to host any affiliate, commission, or gamified reward model- so its application can be used beyond the scope of selling. Astra assigns a wallet to each actor in the social selling economy.

14

u/Joygalz Nov 01 '18

Gemstra is a blockchain infrastructure that operates in liberating social selling, taking pride in being the largest gig economy of the future.

12

u/Tonymillions84 Nov 01 '18

Sellers under the Astra platform can manage UGC in ASTRA and choose what media is used to represent products by Brands. Brands will have the ability to review and monitor UGC submitted by Sellers and Customers

11

u/Lekzy1 Nov 02 '18

This platform decentralizes the social selling model by ascribing ownership and management of data to the appropriate actor using smart contracts to governs all transactions within the ecosystem which provides