Gemstra is a blockchain-integrated ecosystem that democratizes and liberates social selling for the global retail economy. They launched the first ever social selling marketplace called BOUTIQUES Marketplace in July 2017. This marketplace enabled the connection between retail brands and social selling, giving sellers the freedom to choose products/brands they wish to represent. Now BOUTIQUES is not just some new startup, in less than a year, the marketplace added 8 brands, 3000 sellers and grossed over $5 Million in annual sales volume.
Based on how much of a success BOUTIQUES was, Gemstra decided to build a broader infrastructure solution that would let brands and retailers participate in social selling without affecting their initial businesses. Gemstra has developed a smart contract solution called the ASTRA Platform as an effective way for retailers or merchants to implement their existing systems and use the ASTRA open source software to host their social selling business. The decentralization of blockchain technology allows Gemstra to democratize data on a public ledger which promotes equity and fairness for the social selling industry. Previously, seller's data would be entirely owned and locked by captive companies that were big players in the social selling industry. Gemstra’s core vision is to bring decentralization into the model by deleveraging risk to sellers.
The Gemstra Token (GMS) - It is the default exchange of value for payments which offers gamification, rewards, and governance for social selling. The ASTRA Platform and GMS token bridge the $24 Trillion retail industry to social selling, creating a massive potential future market. They want to become the standard technological infrastructure and evidently bring in 50% of social selling transactions in the future.
Gemstra is unlike any other projects out there, already they have a business that has been proven by growing quickly and doing over $5 Million in yearly sales volume. Also they have an experienced team that have scaled many consumer growth businesses.
The Gemstra Pre-ICO starts in 42 days and the main ICO in 73 days. One GMS token will equal 0.00385 USD, there will be 6,400,000,000 tokens for sale, soft cap is 3,000,000 USD, and hard cap is 18,000,000 USD. Unfortunately USA residents are restricted to participate in the ICO but many other countries are allowed. Gemstra has amazing ratings on several top ICO review websites further proving just how excellent this project really is. In my opinion, I believe Gemstra is a revolutionary project that certainly has a good team and product that should be able to drive this ICO to huge success.
Gemstra Website - https://gemstra.com/#top
If you like this post, Please UPVOTE and COMMENT below!