GEMSTRA

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Blockchain may have gained notoriety as the technology that provides the infrastructure for Bitcoin, but it’s playing a bigger role in business, including small and midsize businesses (SMBs). 

This revolutionary technology has become increasingly popular among businesses, which are resulting in a major demand for blockchain-related services. Many large corporations, even small businesses, are adopting blockchain to integrate into their businesses. Blockchain can be used in many technology-based applications such as payment services, smart contracts, documentation, digital identity, supply management chains and others. According to data compiled by Meticulous Research, the global blockchain market is projected to reach USD 28.24 Billion by 2025. Let me take you on a ride into a revolutionary platform Gemstra the Future Influencer & KOL Economy Blockchain ecosystem that connects Businesses with Influencers & KOLs (key opinion leaders) directly, tokenizing the biggest gig economy of tomorrow.

About Gemstra

Gemstra connects Businesses with a growing number of Influencers & Key Opinion Leaders (KOLs) to drive sales. Influencer/KOL Gemstra is a blockchain-enabled ecosystem that allows Businesses to easily build an Influencer/KOL sales channel and allows Influencers & KOLs access to Businesses and Brands. 

Gemstra has a decentralized blockchain-integrated ecosystem which liberates today’s social selling economy, with the goal of building a technological protocol for social selling that opens the industry to everyone in retail. Our mission is to make social selling accessible and awesome for everyone. The Gemstra ecosystem will establish a commonwealth for social selling by providing a technology that fairly distributes power to the appropriate actors of the model.

With the use of ASTRA Platform and GEMS Token, Gemstra is constructing a token economic system with its own blockchain-integrated ecosystem. Gemstra intends to unlock social promoting to all the retail market with its token system.

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. They give a leverage blockchain with knowledge placed within the fingers of sellers.

Providing this service would allow what in the Gemstra ecosystem are referred as “retailers” and types from the $24 trillion international retail economic system a way to affix social promoting.

With the open software supplied by Gemstra and an SDK, they will be able to combine them with the ASTRA platform, and use the GEMS Token as ASTRA’s default trade of worth.

This GEMS Token will be used for every move involved with payments. It would also be used for commission, rewards and, general governance of the ASTRA Platform.

Mission

Our mission is to make Influencer & KOL Commerce accessible and awesome for everyone

Problems Gemstra Seeks to Solve

Businesses Can’t Connect with Influencers & KOLs Directly.

No good Systems

Since the model of Influencer/KOL Commerce has evolved and grown so quickly, there is no default system that allows Businesses to engage Influencers/KOLs and quantify success. Businesses and Brands have to scour social media and estimate best guess on who to engage. 

Micro Influencers/ KOL's are left out

The majority of Influencers/KOLs have smaller but differentiated following. Businesses don’t see these micro influencers so there is untapped opportunity waiting to be unleashed. 

Influencers/KOLs face low mobility and risks

They currently have no way to track their performance, quantify their value. Moreover, social media algorithms may change leaving them without a place to do business. They have no tangible asset in terms of customer or transaction data for which they helped a Business generate. 

Unique Solutions Provided

Gemstra revolutionary platform gives businesses a way to connect with influencers/KOLs to drive sales. They have developed an easy-to-use protocol for Businesses to build an Influencer/KOL channel on. We have developed multiple Modules that are publicly accessible in the ecosystem. The ASTRA Infrastructure is a platform for Influencers/KOLs, Businesses, and Brands to transact. 

Gemstra's revolutionary platform has presented the idea to decentralizing the marketplace for social selling. They have launched their proof-of-concept social selling marketplace in July 2017 named Boutiques – gives sellers the ability to choose brands and products they want to sell and invites brands from the huge retail industry.

Gemstra is come up with the Blockchain based solution for Social Selling Industry by offering services to Merchants, Brands and Sellers. Astra platform is a blockchain ecosystem which allows sellers to keep customer and network data for which they work hard to generate, merchants to host transactions between multiple brands and sellers. At last brands is offering commission or rewards. GEMS token is used as a utility token to purchase products through any merchants.

How It Works?

Smart contracts power the social selling transaction. Merchants administer the platform by utilizing open source software or integrate existing platform with SDK.ASTRA can host single or multi-level affiliate, custom compensation, and gamification/rewards models depending on action endpoints defined within the contract. In fact, ASTRA can be used to host any affiliate, commission, or gamified reward model – so its application can be used beyond the scope of social selling.

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ASTRA assigns a wallet to each actor in the social selling economy: Seller, Merchant, and Brand. Each Brand defines custom commission levels per Merchant that it partners with. Brands can define custom gamified rewards for Sellers engaged selling the Brand. The Seller participates in Merchants (can be one or many) based on the compensation plan and which Brands the Merchants carry.

The Seller wallet has governance over data generated by the Seller like customer information and customer transactions. The Merchant orchestrates all transactions between Seller and Brand wallets and acts as the intermediary (Note: BOUTIQUES is a merchant using ASTRA – the first customer). The Customer verifies to the Merchant that the transaction has completed, which approves the endpoint and completes the contract. ASTRA facilitates all transactions and logical flow through a set of smart contracts to govern: Commission, Orders, Users, Rewards, and Genealogy.

GEMS Token and ICO Details

The default token that 250+ million influencers & KOLs will use to maintain freedom, earn more value, and grow their equity in the industry.

The GEMS Token (GEMS) is the default value of exchange in Gemstra’s ecosystem. GEMS can be used for any transaction in lieu of fiat on ASTRA Platform. The GEMS token facilitates reduced friction, gamification, and governance for the ASTRA Platform.

Token name: GEMS

Valued at 10,000 GEMS : 1 ETH

Token Supply 2,000,000,000 GEMS

Team Pool 400,000,000 (20%)

4 Year Vesting with 1 Year Cliff

Advisor & Partners Pool 200,000,000 (10%)

6 Months Vesting

Growth Pool 600,000,000 (30%)

For businesses and brands

Sale Pool 800,000,000 (40% Total)

400,000,000 (20% Presale)

Private: 12 Months

Presale: 3 Months

Public: None, vest upon distribution

• Unsold tokens will be burned
• GEMS Token Presale
• Hosted by Cobinhood : April 15 ~ June 30
• Initial Exchange Offering (IEO)
• Event 15 Apr 2019 ~ 30 Jun 2019* | 20 Bonus Rounds
• Price 10,000 GEMS : 1 ETH | (1 GEMS : 0.0001 ETH)

To purchase GEMS in the presale, register on Cobinhood Exchange ICO Site: https://cobinhood.com/token-offering/

and stay tuned for the presale to start on April 15. Note: Participants at the Cobinhood presale will need to pass Cobinhood's KYC.

Distribution of The Tokens

Sale: 40%

Project development and marketing: 30%

Project team: 20%

Bounty program and consultants: 10 %

Use of Funds

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RoadMap

July 2017

Boutiques Marketplace

Seeded with 200 influencers and 2 Brands

October 2017

Boutiques Marketplace Continued

Reached 1000 influencers and 4 brands

November 2017

Idea: Astra Infrastructure

White paper drafting and deck building.

March 2018

ICO Seed Round

White paper V1 draft and Raising SEED round

August 2018

Private Sale

Tokensale App & Dashboard. Merged Boutiques & ICO sites.

November 2018

Develop first Module in ASTRA

KNOWY - Social influence reviews app

January 2019

KNOWY App Alpha (iOS)

Invite early alpha testers to install Knowy via TestFlight

April 2019

Token Presale (IEO)

Launch presale of GEMS Token on Cobinhood Exchange (IEO)

June 2019

End Token Presale

End presale and identify strategy for public sale

July 2019

Exchange Listings

Put GEMS on first (2) exchanges - previously signed in 2018

September 2019

Knowy App - Full Release (iOS)

Release v1.0 Knowy to public on iOS (Apple devices)

September 2019

Gemstra Boutiques - Influencer Growth

Growth phase of Gemstra Boutiques (Becomes free for Influencers to join)

October 2019

Gemstra Boutiques - Brand Growth

Growth phase of Brands (Becomes free for Brands to join). Add no more than 20 Brands.

November 2019

Knowy App - beta (Android)

Release beta v0.5 Knowy for Android

January 2020

Gemstra Boutiques (Asia)

Realize the partnerships signed late 2018 for China and SEA (South East Asia). Localize in China and Singapore.

February 2020

Knowy App - Full Release (Android)

Release v1.0 Knowy to public on Android devices.

March 2020

Merchants for Knowy

Knowy reviews can be published on Merchant sites and paid per impression.

June 2020

ASTRA for Businesses

API / SDK platform for Businesses to integrate ASTRA and become their own Merchant (host a platform). Gemstra will make the Boutiques software open source.

September 2020

Gemstra Governance

Implement governance/staking models to allow voting and permissions (Businesses, Brands, Influencers on Gemstra Boutiques). Foundation level staking to vote on macro strategy.

Useful links;

Website : https://gemstra.com/

Whitepaper : https://docsend.com/view/xvyqq7a

ANN Thread : https://bitcointalk.org/index.php?topic=4713980.0

Facebook : https://m.facebook.com/gemstraofficial

Twitter : https://mobile.twitter.com/gemstraofficial

Telegram : https://t.me/gemstra

Reddit : https://www.reddit.com/r/Gemstra/

Medium: https://medium.com/gemstra

BountyOx Username: Brainerdpaul