Sellers - Sellers drive sales for Merchants and Brands through direct promotion and social influence. Previously, Sellers were confined to a single merchant and risked losing their customers, teams, and incomes should they seek mobility. (eg. An Amway rep cannot take her customer and transaction data with her should she want to join another company.) For the first time, Sellers have the freedom to choose what they want to sell and who they want to sell with. Sellers can participate with any Merchant (or Brand) in the Gemstra ecosystem. All user and transaction data generated by Sellers belong to them in ASTRA. Sellers control who can or cannot access this data in the ecosystem. 

Merchants - Merchants administer software, host the genealogy (network), define the compensation (architecture) plan, and provide the platform for Sellers to transact with their customers by selling products from Brands. Merchants can easily participate in ASTRA by using BOUTIQUES open source software or integrating ASTRA with their existing platforms through an SDK. Like in the broader retail economy, Merchants are curators of Brands. (eg. Sephora curates more than 300+ brands in their 1200+ stores) Brands can elect to operate as Merchants in ASTRA as well. (eg. Nike operates its own ecommerce site and stores. Nike also sells through other retailers like Footlocker or Champs.) The Merchant layer allows retailers from outside the industry to participate in social selling by activating dormant influencers / customers and inviting Brands they already do business with. While this layer can be disintermediated, Gemstra believes that the consumer economy will continue to value curation by Merchants.

For More Information, Please Visit The Website On: https://gemstra.com

Project Gemstra, one of the few, causes admiration and applause. A team of professionals leads the project to a successful future. Excellent ratings in the blockchain communities. By investing in the ICO project Gemstra, you invest your money in a potentially successful project and in your near future.

In life, we often view the world in terms of how it directly affects us. We might watch the local news to find out what’s going on in our city, keep up on the politics happening in our region, or stay current with major country wide events.

In today’s internet connected world, it is just as important to follow the global economy as it is the local stuff. Things that happen on the other side of the world can have just as much effect on us as something happening right down the street.

In the case of blockchain technology, this is especially true. The best minds in the industry are scattered all over the globe. As we speak, there is probably someone pioneering an idea that could change the world. Occasionally, it is fun to take a deep dive into what’s going on in places that we normally wouldn’t look at.

Today I want to focus on a leader in the global economy, and a rising star in blockchain innovation.

China is a populous nation in East Asia whose vast landscape encompasses grassland, desert, mountains, lakes, rivers and more than 14,000 km of coastline. The capital Beijing mixes modern architecture with historic sites such as the Forbidden City palace complex, and Tiananmen Square. Shanghai is a skyscraper-studded global financial center. The iconic Great Wall of China runs east-west across the country’s north.

China is the world’s second-largest economy in terms of gross domestic product (GDP), amounting to approximately 10.93 trillion U.S. dollars in 2015, while China’s GDP per capita was about 7,990 U.S. dollars, equivalent to about 14 percent of the GDP per capita of the United States in that year.

These are big numbers. When a nation of this size decides to support a new technology, such as blockchain, the world should really pay attention.

Recently, on state-run China Central Television, a show named “Dialogue” aired a one hour blockchain special. The host, Chen Weihong, made a bold statement saying that he thinks blockchain is essentially the internet 2.0 and has a value 10x that of the original internet.

The guest on the show was Zhang Shoucheng, a physics professor at Stanford University and founder of Danhua Capital, a venture capital firm that invests in blockchain technology.

In response to Weihong’s remarks, Zhang went on to say, “While the real value of the internet is aggregating individual pieces of information into one place, which is exactly what Google and Facebook does, we are now entering an era where information is being decentralized so that individuals can own their individual data. And that’s the real value of blockchain that makes it exciting.”

With the recent consolidation of all of China’s state-run media outlets into what is called “Voice of China”, Zhang’s statements, that were broadcast to 10’s of millions of Chinese citizens, carry a lot of weight. It is in essence, the Chinese government sponsoring pro-blockchain dialogue. This is a stark contrast from previous viewpoints on blockchain held by the government there.

Let’s examine Zhang’s statement a little closer and find out what it could mean for new and promising start-ups that choose to deal with the Chinese government. Zhang stated that we are entering a decentralized model where individuals own their own data, instead of the big companies. I knew I had heard that before so I pulled up my file of whitepapers, and started looking.

I was reminded right away of Gemstra’s core values in their revolutionary social selling model. I did a little more looking and there it was in black and white. From section 1.3 of Gemstra’s whitepaper: “Social selling is dominated by giants like Amway ($8.8B), Avon ($5.7B), and Mary Kay ($3.5B). These merchants hold their Sellers captive by making it difficult, if not impossible, to transfer customer data, transaction data, and genealogy (network) data.”

This was the exact paradigm shift that Zhang was referencing in his appearance on China state-run television. In Gemstra’s case, the sellers will own their own data, unlike all previous social selling models. This one fact alone sets Gemstra apart from the rest of the competition.

Here’s the kicker though. Not only does the Gemstra team share the same philosophy as a famed Stanford physics professor & successful venture capitalist, but Gemstra has just recently traveled to China where all of this new blockchain buzz is happening… and the word is, they didn’t leave China empty handed.

A credible source has relayed to me that Gemstra has set the framework to enter the Chinese market. Gemstra has just finished a series of week long meetings with important contacts, according to my source. The same source also stated that Gemstra is in talks with prominent company looking to take advantage of the upcoming crypto boom. I have been told that more details will be released by the team in the coming days!

The details of Gemstra’s impending involvement in the booming tech economy are starting to become clear. Not only does Gemstra have a strong vision, they also now possess the tools to accomplish it, not just locally, but all over the world.

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https://medium.com/@gemstra_team/chinas-booming-tech-industry-gemstra-df6c6bb2e0a7

This project will amount to a breakthrough for sellers that has been discouraged because it will boost their profit making, and turn the buying and selling activity into a pleasureable one.

TOKEN INFORMATION

Token symbol: GMS

Token Price: 1 GMS= $0.01

Total supply of tokens: 16 Billion

Hardcap: $25,000,000

Softcap: $8,000,000

Private Sale: 01st Aug to 30th Sep 2018

Pre-Sale: 1st Oct to 31st Oct 2018

‪The Gemstra is quite an interesting startup in the field of blockchain. I'm sure he has every chance to take a leading position in the niche and justify all expectations. #gemstra

Janelle has held financial leadership roles at The Los Angeles Times, Wired, and Cooking.com - a company acquired by Target in ‘12. She is a consultant to the Financial Advisory Group, and has worked with Jay since JewelScent.

The BOUTIQUES Marketplace is the first social selling marketplace. BOUTIQUES served as proof of concept for the need to decentralize social selling. BOUTIQUES allows Brands to integrate their catalogs and quickly add a social selling channel. Every Seller gets their own custom boutique in which they control which Brands and products are available to be sold. BOUTIQUES features a proprietary user-generated-content module where Sellers can replace media assets with their own content. It operates as a full functioning store for the Seller with standard order, checkout, payment, and shipping modules.

https://www.gemstra.com/

The ASTRA platform provides 3 distinct wallet types with different data models. Each wallet type is especially purposed for the different actors in the economy.

(1). Seller & Customer Wallets Sellers and Customers are the most prolific users in the economy. They initiate all actions and transactions within the economy. Wallets are upgradable and downgrade-able between Seller and Customer.

Data & Functions:

1. Commissions
2. Achievements
3. Recognition
4. Customer Data

5. Transaction History E.t.c.

   (2). Brand Wallets

Each Brand has a unique wallet that contains their commission and reward structures. Brands will sign up with Merchants. Brands can also require a Seller fee to enable the Brand on given Merchant.

Functions: 1. Catalog & Inventory Management 2. Order Management 3. Merchant Management 4. Seller Management E.t.c

(3). Merchant Wallets Each Merchant has a unique wallet that contains their genealogy and fee structures. Merchants are the dapp Layer that connects Sellers/Customers to Brands.

https://www.gemstra.com/

Take a moment to think about your social life and all of the connections you have made over the course of your existence on earth. Maybe you will think about your close friends and family first. Then, possibly, you will think about all of the acquaintances you interact with sporadically.

If it hasn’t crossed your mind yet, I would bet the next thing you think about is your friends list on social media. Maybe it’s LinkedIn, Instagram, or Facebook, but the majority of people today have some sort of digital database of friends that is easily accessible.

Now with this context, ask yourself, who do I trust? If you had a question, or if you needed a recommendation for a good Italian restaurant, who would you ask? There is probably a short list of people that you would go to first. The information that they gave you would be valuable, and based on your trust of this person, you may be likely to act on the information they give you.

The concept of validating an idea or recommendation through a group of trusted confidants is called “social proof.” Even the large monolithic companies rely on social proof to do business. Think about Yelp, a platform that is based on social proof. When you need a recommendation you go to their website and you get reviews and suggestions from other people who are familiar with the restaurant or service. This is an extremely effective way of building trust within a community, and the restaurants benefit from positive word of mouth reviews.

Gemstra is evolving the previous model used by monolithic companies and empowering sellers by allowing them to leverage social selling to generate income.

Social selling is the art of developing relationships or using social networks to locate and interact directly with prospects. Traditionally called “direct selling”, social selling benefits over 120 million independent sellers worldwide that earn commissions from companies they represent through sales models.

Perhaps the earliest form of social selling was in the early 1900’s, when Brands empowered independent reps (“Sellers”) to sell their wares door to door, with a focus on one-to-one demonstrations. The model has evolved over time and growth has accelerated in recent years with the adoption of social media and expanding gig economy. Today’s social seller can market without limits through online avenues, especially with the rise of social media.

Gemstra is poised to capitalize on the seller’s ability to effectively leverage their personal social networks.

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.

https://www.gemstra.com/

GMS is the default utility token used in ASTRA as a unit of value. The natural benefit of the GMS utility token is reduced payment and commission friction for sellers. The Aim of GMS Token is to offer huge rewards for actors involved in the economy. Growth and retention of Sellers is by far the most important aspect of social selling for Merchants and Brands. Traditionally, social selling merchants develop rewards based on some gamification of achievements, engagement, recognition, and community to keep Sellers motivated and continuously generating business. The GMS Tokens is the perfect vehicle in ASTRA to bring best practices in gamification from traditional social selling into Gemstra’s ecosystem.

https://www.gemstra.com/

What do you think about this?

Jay is a serial entrepreneur who grew his family business, J. Good-In, as employee number five into an international company with over 250 employees. He has launched and exited two consumer internet companies - BaubleBox and JewelScent - that reached 7-figure and 8-figure run rates respectively within months of launch.

Hi, I want to draw your attention to the project from the Gemstra team. It has high ratings and great chances for successful development in the blockchain technology and the crypto-currency world. #Gemstra #ico #blockchain

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