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    {
      "author": "steemitboard",
      "body": "Congratulations @gemstra! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@gemstra/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@gemstra) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=gemstra)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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  "timestamp": "2019-06-28T04:24:21",
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      "amount": "0.001 STEEM",
      "from": "steembeem",
      "memo": "Hey @gemstra 🎗 Checkout SteemBeem DAPP on https://www.steembeem.com ⚡ Find out which HEX it is and WIN the Jackpot. Give It A Try, Earn BEEM & Redeem for Post Promotion and Resteem. Best Is Yet To Come!",
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      "author": "gemstra",
      "body": "In this edition of the Boutiques Brand Spotlight, we would like to focus on a fun and exciting Boutique that supports a professional sports franchise by keeping their biggest fans looking beautiful.\n\n![20170829_071818.jpg](https://cdn.steemitimages.com/DQmcpdHhNDZ79DYHGEZG14xdtndLJ78LJsmCrrJxZS5pZGd/20170829_071818.jpg)\n\nI’m talking about Pulse Cosmetics Boutique. The owner of Pulse Cosmetics does the makeup for the Anaheim Ducks Power Players of the Anaheim Mighty Ducks professional hockey team. Based in Anaheim, California, USA, the Mighty Ducks are famous world wide for their hard hitting hockey players and a 90’s era movie starring Hollywood A-Lister Charlie Sheen.\n\nIn addition to keeping the beautiful Power Players looking great, owner of Pulse Cosmetics, Aimee Mauzey sells cosmetics and cosmetic accessories through GEMSTRA’s Boutiques platform.\n\n![20170829_154611.jpg](https://cdn.steemitimages.com/DQmcqQxtd78VT3U3S84itqULA1gHa5i7PYrV3PWSFUJqNwN/20170829_154611.jpg)\n\nWe chose Aimee and Pulse for our Boutiques Brand Spotlight, because this Brand represents what GEMSTRA is all. GEMSTRA aims to connect Key Opinion Leaders (KOLs) with brands and merchants all over the world. Pulse Cosmetics has leveraged their influence within the professional sports world to sell makeup to a broad user base. This success story is what GEMSTRA aims to replicate all over the world. Wherever a KOL has an online following is an opportunity to sell targeted merchandise to their user base.\n\nCheck out this user generated content from a loyal follower of the Pulse Cosmetics Brand:\n\nhttps://www.youtube.com/watch?v=q1EgoHcIM5g\n\nIn this case Pulse Cosmetics leverages their user base of hockey fans, supporting team members, and cosmetic aficionados to get the word out about their Brand. The possibilities are endless in this type of business model. If a product exists in the real world, it can be sold on GEMSTRA’s Boutiques platform. In fact, GEMSTRA is busy on-boarding new Brands and Merchants daily, so it’s likely you will find something you can sell to your social media following :)\n\n![20170830_190523.jpg](https://cdn.steemitimages.com/DQmPTaxvrvn1LCWMGMGaS7Fq5ooqFfAYHR2M1869qWbuuTC/20170830_190523.jpg)\n\nThe Pulse Cosmetics team watches the Power Players in action on the beach during a photo shoot.\nSo ask yourself…\n\nDo I have a social media following? What could I sell to make some extra money in my spare time?\n\nOur answer to you is…\n\nSet up your own Boutique today! What are you waiting for? :)\n\nFor more information, and for instructions on how to set up a Boutique, please visit https://gemstra.com/boutiques",
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  "timestamp": "2019-05-20T20:09:48",
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      "author": "gemstra",
      "body": "GEMSTRA is proud to announce that we are currently in advanced negotiations localized in Weihai, China and partnered with the Weihai government to bring GEMSTRA’s Boutiques to the robust Chinese market.\n\n![Weihai Meeting.jpg](https://cdn.steemitimages.com/DQmQgCfUfPCbaWU77ngwUeiCvUtZQVFBDqiZQLL9TDA6GU4/Weihai%20Meeting.jpg)\n\nGEMSTRA CEO, Jay Cheng states, “by bringing our technology to Weihai we can take advantage of their trade zones enabling cross-border trading with Korea and other large business centers. The ability for Brands and Influencers to conduct business cross-border provides limitless growth opportunities to Brands in both the East and the West. The Weihai government, in addition to select Chinese enterprise real estate investors will make significant capital and resource investments to localize GEMSTRA in China.”\n\nWeihai is a city in eastern Shandong province, China. It is the easternmost prefecture-level city of the province and a major seaport. In 1987 Weihai was designated by the national government as one of the \"open\" cities along the China seacoast that was encouraged to attract foreign investment. Since then, petrochemical, building-material, textile, and pharmaceutical manufactures, as well as various light industries, have been developed in the area; there are also aquaculture and food-processing operations.\n\nChina has always been a strategic play for GEMSTRA, and we have been cultivating our relationships there. China has the 2nd largest retail economy in the world and Key Opinion Leaders (KOLs) located there are integral to brands getting their message across to consumers. Some of the top KOLs in China can make 100’s of thousands of dollars for a single social media post! GEMSTRA realizes this huge untapped potential in China, and is providing the tools for these KOLs to connect more easily with Brands and Merchants through their ecosystem’s technology. This is the first of many BIG announcements we will be making for this region.\n\nWe believe this new partnership with Weihai, China is an big first step as GEMSTRA begins to expands it’s business throughout the world. Thanks to the support of organizations such as the Weihai government and our awesome community, significant world wide expansion has become a reality.\n\nUp until the launch of the token sale a few days ago, we have been focusing on developing our technology and have been successful in maintaining a break-even cash flow business. This is the main reason that a soft-cap was not assigned to the token sale. GEMSTRA’s business is sustainable without any additional capital and is not going away any time soon. However, now that we have the opportunity to expand and improve our footprint, the prospect’s going forward are very exciting.\n\nWe invite everyone to read more about GEMSTRA at https://www.gemstra.com. \n\nOur token sale is currently LIVE on Cobinhood at: https://bit.ly/2Ds3MN0 \n\nHave a nice day!",
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      "author": "gemstra",
      "body": "Now that the GEMSTRA Initial Exchange Offering is LIVE on Cobinhood, it’s important to review the different Bonus Levels so our participants know exactly how much GEMS they will receive for a purchase.\n\nBonuses are separated into 2 main categories:\n\nFirst Mover Bonuses: A competition to be the first to participate in each level of the IEO.\n\nand\n\nFinal IEO Group Bonuses: A uniform bonus awarded to everyone based on the total amount of ETH raised in the IEO.\n\nWe have incentivized the entire token sale process to make ANY time a good time to participate.\n\nEarly Top Purchasers will be rewarded with their share of 20 different First Mover Bonus Pools IN ADDITION to a separate Final IEO Group Bonus! (The Final IEO Group Bonus is a bonus of 3–36% that will be based on the total amount of ETH raised and awarded to EVERYONE.)\n\nFor example, at the current stage of the IEO, the Top 10 purchasers of the first 20 will share a First Mover Bonus Pool of 30 ETH in tokens! In addition to this First Mover Bonus Pool, all participants will receive the Final IEO Group Bonus (up to 36%!).\n\nNOTE: The Final IEO Group Bonus will continue to build for everyone as more ETH is raised, so it won’t affect your bonus based on when your decide to participate in the IEO. Participate now and you Final IEO Group Bonus will continue to grow.\n\nEVERYONE WILL RECEIVE THE SAME FINAL IEO BONUS BASED ON THE TOTAL AMOUNT OF ETH RAISED :)\n\nAfter the current First Mover Bonus Pool is given away, ANOTHER First Mover Bonus Pool will kick in, and once again, the top 10 purchasers of the first 20 at that level will share this Bonus Pool, this time worth 40 ETH in tokens!\n\nYour chances of winning the First Mover Bonus Pools are theoretically better in the beginning due to less competition, and the Final IEO Group Bonus will be the same for everyone… so if you are considering participating, NOW is as good of a time as any!\n\nEveryone will benefit from this new updated structure!\n\nAs the Initial Exchange Offering fires up and competition becomes more fierce, remember there will be a total of 20 more First Mover Bonus Pools to the early purchasers/first movers! These First Mover Bonus Pools represent a massive amount of GEMS, so don’t miss your chance to become a First Mover WINNER today!\n\nAlso, don’t forget you can earn even more GEMS, and win even MORE Bonus Pools just by getting people to participate using your referral link:\n\nBasic Referral Program: 2500 GEMS awarded to you for each qualified participant you refer\n\nand\n\nAmbassador Bonus Pools: A chance to win our multiple Ambassador Bonus Pools for being the Top Referrer.\n\nYou can locate your referral link once you are logged in to Cobinhood at the Official Token Sale site. Start sharing the link RIGHT AWAY on your social media so you can get the most referrals!\n\nFor more information on token sale participation and a detailed breakdown of the First Mover and Final IEO Group Bonus Pool structure, please refer to the Official Token Sale site here: https://cobinhood.com/token-offering/project/cfce2335-ca38-4741-9637-cf4fc20b90d1\n\nHave a nice day!",
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      "body": "Now that the GEMSTRA Initial Exchange Offering is LIVE on Cobinhood, it’s important to review the different Bonus Levels so our participants know exactly how much GEMS they will receive for a purchase.\n\nWe have incentivized the entire token sale process to make ANY time a good time to participate. Early top purchasers will be rewarded with their share of the First Mover Bonus pools in addition to the regular bonus levels!\n\nFor example, currently the top 10 purchasers of the first 20 will share a Bonus Pool of 30 ETH in tokens! In addition to this Bonus Pool, all participants will receive an additional 3% on their total purchase.\n\nAfter the first bonus pool is given away, the 2nd Bonus Pool will kick in and once again, the top 10 purchasers of the first 20 at that level will share a bonus pool, this time worth 40 ETH in tokens! In addition to this Bonus Pool, all participants will receive up to an additional 6% on their total purchase.\n\nYour chances of winning the Bonus Pools are theoretically better in the beginning due to less competition, so if you are considering participating, NOW is as good of a time as any!\n\nAs the Initial Exchange Offering fires up and competition becomes more fierce, we will be offering a total of 20 more Bonus Pools to the early purchasers/first movers! These Bonus Pools represent a massive amount of GEMS, so don’t miss your chance to become a First Mover winner!\n\nAlso, don’t forget you can earn more GEMS and win even MORE Bonus Pools, just by getting people to participate using your referral link. You can locate your referral link once you are logged in to Cobinhood at the Official Token Sale site.\n\nFor more information on token sale participation and a detailed breakdown of the bonus structure, please refer to the Official Token Sale site here: https://cobinhood.com/token-offering/project/cfce2335-ca38-4741-9637-cf4fc20b90d1",
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{
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    {
      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/gemstra/gemstra-newsletter-april-15th-2019-cobinhood-initial-exchange-offering-is-live-b29eb724fe27",
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{
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      "author": "gemstra",
      "body": "![gemstra logo 2.jpg](https://cdn.steemitimages.com/DQmNpVY8CVofRMr7tFdi1hmFLrBkVMveg4LvbwSKGz14cqL/gemstra%20logo%202.jpg)\n\nThe GEMSTRA team is so excited for the future of our products. We value your participation in our ecosystem as we continue to grow. Read all of our important updates below!\n\n![12345.jpg](https://cdn.steemitimages.com/DQmSEg8we6gofh97T4cBwA6wwann1MhSxpa6RbPYRz3946T/12345.jpg)\n\nInitial Exchange Offering LIVE:\n\nThe Gemstra Initial Exchange Offering is posted on Cobinhood.com and will go LIVE on April 15th at 2am GMT!\n\nGo to https://cobinhood.com\n\nCreate a Level 1 Account\n\n*for participation over 90 ETH a Level 2 Account will be required\n\nFirst Mover Program:\n\nWe decided it was important to compensate participants who join our Exchange Offering early, so we created 21 different bonus pools to give away. All you have to do is be early to the party and you can win. The first bonus pool is available as soon as the IEO starts. We will take the Top 10 participants out of the first 20 people to contribute to the IEO and they will split a bonus pool of 30 ETH in GEMS! That is a whole lot of extra GEMS to claim as a bonus! We will announce the winners on our official social media channels and remind everyone when the next bonus pool is available. Be one of the first now!\n\nFor a full list of the bonus pools follow here: https://cobinhood.com/token-offering/project/cfce2335-ca38-4741-9637-cf4fc20b90d1\n\nFacebook AMA:\n\n![facebook.jpg](https://cdn.steemitimages.com/DQmNmvh6X2jcySgdATHb752rKq4CvBbwjN3vxTfrLMjigGa/facebook.jpg)\n\nThe team will be doing an AMA (ask me anything) on Facebook on Tuesday, April 16 th at 5pm GMT on the official Gemstra Facebook page: https://www.facebook.com/gemstraofficial/ . This is a great way to get all of your Exchange Offering questions answered by Gemstra CEO Jay Cheng!\n\nReferral Program:\n\nWith the launch of our Exchange Offering on Cobinhood, it is easier than ever to earn GEMS tokens as an Ambassador. All you have to do is tell your friends about the token sale by sharing your referral link. When anyone signs up for the Exchange Offering and makes the minimum contribution of 0.3 ETH, you will get 2500 GEMS!\n\n![referral link screenshot.jpg](https://cdn.steemitimages.com/DQma5bqNJVPhXYJDrUsEhyiY7vUZdhHrF7Ruzm2ChjYUeV4/referral%20link%20screenshot.jpg)\n\nYour referral link is located on the Cobinhood website in the “Investment Tools” tab under “Coin Offering Platform” once you are logged in. When your friend participates in the IEO with at least the minimum participation amount, you will receive your 2500 extra GEMS tokens. This is a great way to help spread the word about our awesome new products and make some extra cash on the side. Register now so you are prepared to start sharing your link on your social media accounts!\n\nAmbassador Bonus Program:\n\nThe Top 100 referrers judged by total ETH amount referred will share in a Bonus Pool of GEMS tokens! A separate Bonus Pool will be created for each tier of ETH raised as illustrated below. Example: 0–4000 ETH = Tier 1. All you have to do is be one of the Top 100 people to refer the most ETH for a particular tier, and you can win a HUGE bonus! Bonus levels are unlocked to the entire community. Everyone earns!\n\n![ambassador pools.jpeg](https://cdn.steemitimages.com/DQmaJzJMjEYFLytTuieUmj6c4zkEfNHBkfzRo869PggXyi2/ambassador%20pools.jpeg)\n\nStay tuned for more updates. Have a nice day!",
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{
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      "author": "gemstra",
      "body": "![cobinhood token offering platform.jpg](https://cdn.steemitimages.com/DQmUjKnyoQhZZjbifxzQJjBmALGCT7EH2ae2DkaFtsHvM4w/cobinhood%20token%20offering%20platform.jpg)\n\nCobinhood has officially added GEMSTRA to its website and Token Offering Platform.\n\nToken Sale duration: April 15th 10:00 AM (GMT + 8) until June 30th 09:59 AM (GMT + 8). Purchase your GEMS only on COBINHOOD Exchange!\n\nStay up to date on the Bonus Levels & Bonus Pools here: https://cobinhood.com/token-offering/project/cfce2335-ca38-4741-9637-cf4fc20b90d1\n\nNote: You must have a Level 1 Cobinhood account to participate. A Level 2 account will allow you to participate with no purchase limits.\n\nFor more information on GEMSTRA, please visit https://gemstra.com",
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      "body": "![cover.jpg](https://cdn.steemitimages.com/DQmQ6rsERxKTHvcdkf2WFb1FodwCyT9GKG8SoPcjTcyQVar/cover.jpg)\n\nIt's a busy time over here in the GEMSTRA camp as we make preparations to launch our token sale. We thank everyone that has registered with us so far on our website. The numbers have been great so far!\nWe are excited to announce that our team has identified an opportunity to replace our traditional ICO with something even better and more exciting. We are pleased to announce the launch date for our new Initial Exchange Offering (IEO) hosted on the Cobinhood exchange!\n\nInitial Exchange Offering Launch on Cobinhood: April 15th, 2019\n\nTo participate:\nGo to https://cobinhood.com\n\n2. Create a Level 1 Account\n\n*for participation over 90 ETH a Level 2 Account will be required\n\nFor everyone that has participated in our lucrative Referral Program so far, all of your referral info will be transferred over when you register for the IEO on Cobinhood.\n\nWith that said, here are some major advantages to an IEO that our team has identified that we believe will be beneficial to our efforts:\n\n1. By launching our tokens on the exchange, we can build up the confidence of our community that liquidity truly is a priority for our participants. No more wondering when GEMSTRA will be listed on an exchange. Part of the deal with Cobinhood is to list our tokens immediately at the conclusion of the IEO!\n\n2. By making the token offering accessible on a popular and proven exchange, we anticipate that our contribution numbers will be higher. This is beneficial to everyone in the GEMSTRA community because it will give us the funding that we need to succeed on every point in our road map.\n\n3. There exists a strategic partnership behind the scenes between our new technology and the Cobinhood exchange. Did you know that the same developers of the Cobinhood exchange are responsible for developing the DEXON blockchain? GEMSTRA's new Knowy App for iOS will be the first to run on the DEXON blockchain. As a matter of fact, it's already live on the Test Net, and the Main Net is scheduled to launch in just a few short weeks at the end of April! By providing new and exciting products to the loyal DEXON user base that already exists on Cobinhood, it's a win/win situation for everyone involved.\n\n![middle.jpg](https://cdn.steemitimages.com/DQmfFWgUUWeeBBunRi4CvQNt98wommKUziAWyr1fz8DVajB/middle.jpg)\n\nEvery step of the way in Gemstra's journey has been planned out by considering every possible option and weighing it to assess the benefit it will ultimately have towards achieving our goals. We understand that nobody likes changes in plans, however sometimes they are necessary when they can be identified as a major upgrade/win for a company. This is definitely the case here. We certainly are glad that we avoided the steep downturn caused by this current crypto winter, and we are very excited about the potential our new IEO on Cobinhood will bring us.\n\nWe at Gemstra appreciate all of your continued support as we strive to make the best possible product for our users. \n\nMore details concerning the IEO and instructions for participating will be released soon.\n\nFor more information about DEXON Blockchain, please visit: https://dexon.org\n\nFor more information about Cobinhood exchange and to create an account, please visit https://cobinhood.com\n\nFor more information about Gemstra, please visit: https://gemstra.com\n\n![End.jpg](https://cdn.steemitimages.com/DQmejA1LEACF4f2CEPFJUnwhcSLB4CYRBPAJCGbh5JVrSPG/End.jpg)",
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      "body": "Ethereum was created in 2013 by Vitalik Buterin with the goal of allowing decentralized apps to be built on the blockchain. Ethereum is now an open-source public service that uses blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party.\n\nThe rise in popularity of Ethereum has not gone unnoticed. It is currently the 2nd largest cryptocurrency in the world in terms of market cap. A lot of experts predict it will overcome Bitcoin eventually. \n\nHowever some people will argue that with the rapid advancements of technology happening, Ethereum will soon become obsolete. Right now, it is doing a satisfactory job, but what are the disadvantages of this popular blockchain? Let’s look a little closer.\n\nScalability is a major issue in cryptocurrency. As a network gains more adoption it has to function with the same performance it once did on a smaller scale. Right now, Ethereum can handle about 5 transactions per second. Some would argue this is not enough to support an entire mass adopted ecosystem. Developers within Ethereum are working to solve this problem. So are thousands of other developers at different companies who have already demonstrated speeds of up to 1 million transactions per second. Which one of these new companies could take Ethereum’s place if they are stagnant for too long?\n\nAnother potential downside to Ethereum is their proof of work algorithm. Some people would argue that the vast amount of energy required to run a node on the Ethereum network is unnecessary and alternatives like proof of stake are more efficient. In proof of stake, rewards are giving to participants based on the amount of Ethereum that they hold. Proponents of proof of work will argue that proof of stake is irresponsible and untested, mainly due to the lack of peer review of the code.\n\nOne final point to consider is this. Is Ethereum in a price bubble. With so many new projects utilizing the Ethereum blockchain, we have seen lots of new projects with overstated valuations. Anyone can launch an Ethereum based project and raise millions of dollars in today's market, so it seems. With all of these sketchy projects out there, is the value of Ethereum being over estimated? Once the vast majority of these projects fail, will the market re adjust the value of Ethereum as a whole?\n\nAll of this analysis is pure speculation and nobody can predict the future. However, it is important to always look at something through a fair and balanced lens. One must analyze the good along with the bad to ensure they are making a good and informed decision. Ethereum is no different.",
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      "body": "If you were one of the lucky people to purchase crypto at the end of 2017 when Bitcoin was at its all time high, I understand, it is probably hard to get excited about the current state of the market. Since the all time high, Bitcoin has lost a significant portion of its market cap, falling from approximately 20,000 to where it stands today at ~6500.\n\nSome of the alt coins that peaked around the same time are down even more dramatically. Losses of 90+% are not unheard of. As a matter of fact, they are widespread. Due to this wild market volatility, I have read a lot of articles lately claiming that crypto is dead, and that it is not coming back. \n\nThe old investment saying comes to mind. When people are the most fearful, buy. When people are riding high, sell. Ladies and gentleman, I believe that the level of fear, uncertainty, and doubt is very close to the highest its been since the beginning of the last bull run.\n\nSome very interesting things are going on in the background regarding the future of Bitcoin and cryptocurrency as a whole. I’m not going to cover every single possible catalyst, however there is one that is not getting too much attention which I believe will be the gateway to another bull run.\n\nOn October 21st, Intercontinental Exchange, the parent company of the NYSE announced something groundbreaking. Their spin-off company Bakkt will start allowing physically settled daily futures contracts for Bitcoin that will be held in the ICE Digital Asset Warehouse and cleared by ICE Clear US, Inc. The Bakkt system will go live on December 12th pending the proper regulatory approval. Wink Wink, its the owners of the New York Stock Exchange. They have done their due diligence, believe me.\n\nThis is a game changer for a couple key reasons. There have been 9 Bitcoin related ETFs that have sought approval from the SEC. The creation of a Bitcoin ETF would allow EVERYONE that has a brokerage account to begin investing in this digital asset class. The amount of volume flowing into Bitcoin with the approval of an ETF would be astronomical! However to date, all of these ETFs have been rejected.\n\nThe main reason cited by the SEC for their rejection of these applicants is that the BTC futures markets were not sufficiently liquid. The entrance of Bakkt into the game would provide much more liquidity and possible change the viewpoint of the SEC.\n\nThe SEC is not in the business of predicting the market. Their task is to analyze the current data set and make sure that investors are fairly protected from manipulation and bad actors. The data set that is in front of the SEC is about to change dramatically on December 12th! A reexamination of the facts will occur, and I believe that the outcome will be very positive for anyone with exposure to the market.\n\nEnter crypto start ups and ICOs. The job of these project’s CEOs are ensure that their fundraising goals are met. It is difficult, even with the best product on the market, to raise money in today’s market. People are still reluctant to part with their fiat, and even more reluctant to participate in highly volatile alt coins.\n\nIf you are a CEO and you are reading this new Bakkt news, you must pay attention. A clear timeline is being formed for the resurrection of the crypto market. Your ability to time your fundraising with a bull market, could be the difference between missing your hard cap and a complete sellout.\n\nOne company I follow who has decided to wait until the market conditions are more favorable is Gemstra. A recent delay in the start of their public sale ruffled some feathers in the social selling industry.\n\nI would argue that the team is smarter than most, and their decision to delay the public sale is warranted based on the current market conditions. \n\nAgain, strong weight must be given to the new Bakkt announcement. I’m not advocating that all ICOs return immediately and resume fundraising activities. However, the smart companies like Gemstra that are paying attention to the markets can use this information to better plan for the future and ultimately maximize their potential. Almost all coins and tokens have taken a beating, some within inches of their life. However, I am now more confident than I have been in a long time, that crypto could indeed be, Bakkt from the dead.\n\nFor more information about Bakkt visit https://www.bakkt.com/index\n\nFor more information about Gemstra visit www.gemstra.com",
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      "body": "The Chinese regulatory approach to Blockchain is very complicated. If you ask some people, they would say that the government does not support Blockchain. If you poll people from a different camp you might get the completely opposite answer.\n\nI took a look at the facts and came up with an explanation for this phenomenon. After a deep dive into the facts, I’ve concluded that China might be indeed one of the most undervalued Blockchain havens in the world. Here’s why.\n\nIn September of 2018 the Chinese government effectively shut down all Bitcoin exchanges in China and banned the practice of Initial Coin Offerings. Some saw this as a huge blow to the future of Bitcoin and digital currencies, and rightly so. The reasoning is that China is the 2nd largest economy in the world, and if their residents cant trade Bitcoin or participate in ICOs, a significant amount of potential money will remain on the sideline. \n\nMass adoption of cryptocurrency relies on everyone participating by using the technology, and by as many people as possible contributing funds to the cause. Based on this September news we have seen the Bitcoin market in a steady downtrend. People seem to be sitting on the sidelines waiting for a big news announcement to happen before they have the confidence to get back into the market. With the ban of crypto in China, I understand that things may look a little bleak.\n\nHere is where I took a little bit of a closer look to see if I could find a silver lining. What I discovered was nothing less than the mother load of potential that I believe could take cryptocurrencies to a whole other level.\n\nWhile it is true, that exchanges and ICOs have been sidelined in China, the blockchain development by large corporations is continuing at a staggering rate. In cooperation with the Chinese government, select premier projects are getting resources and approval to build the next biggest and best blockchain projects. \n\nIn this current climate, securing government approval is a key step for any company looking to be competitive. Recently, President Xi of China said, “a new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things and blockchain is accelerating breakthrough applications.” \n\nThis seems to contrast the Chinese government’s current stance on crypto. Here is what really is going on…\n\nLarge corporations with the big dollars or an in route to the government are being given preferential treatment and all of the resources and blessing they need to become the leader in blockchain technology, while at the same time, the average citizen is banned from participating. \n\nWhat this is doing is creating a disparity of epic proportions between the vast amount of technology being developed and the general public’s ability to participate. When this technology comes to the market and the average person is able embrace it, the built up demand from being banned from using it will rush into the economy like a dam breaking, The 2nd largest economy in the world will, all at once, be exposed to some of the best and carefully developed technology anywhere in the world. \n\nThe same thing is happening in the west, minus the consumer ban on exchanges and ICOs. The best companies are embracing blockchain and actively working to out compete China in the race for crypto supremacy. The only thing missing is the institutional money flowing into the American market to cause the dam to break in the West. \n\nI would venture to guess that the timing of the ability of institutional investors entering the market in the West, and average Chinese citizens being freed from their crypto ban will coincide.\n\nAt this very important moment in time, the foundations and groundwork for the next crypto boom will already be firmly in place. The companies that have taken the time to develop their relationships and products in the key markets will be the ones who end up sitting at the top of the mountain. Taking advantage of China’s undervalued market conditions NOW will be very important for future success.\n\nCurrently, a company called Gemstra has caught my eye. They are very calculated in their product development, and have been spending a lot of time in China meeting with very important people. \n\nThey seem to understand exactly what’s going on with the current market conditions and are fine tuning their approach to take advantage of the obvious undervalued situation in China. When it is all said and done, and this current bear market is over,  it’s companies like Gemstra that will lead the way while everyone else tries to catch up.\n\nFor more information on Gemstra please visit www.gemstra.com",
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      "body": "The term ICO became wildly popular in 2017 with new companies popping up everywhere. It seemed like every ICO promised to be a homerun winner and all had fancy branding and polished websites. Some of these ICOs turned out to be great investments. On the other hand, some turned out to be complete losers or even flat out scams.\n\nOne thing is for certain. The ICO landscape in 2018 has changed significantly and it will look nothing like it did back in the “good old days”. Here are 5 reasons why there may be a dramatic shift in the ICO landscape for 2019.\n\nRegulation-\n\nGovernment scrutiny of ICOs has intensified, especially in the United States. The SEC is starting to ask important questions of ICOs such as, “is your token a security, are your investor accredited, is there an existing use case for your token?” These questions are all designed to protect the investor. With government regulation, it becomes more difficult for new ICOs to comply with the law, however it encourages companies to take steps to protect the investor. In 2019, we will have a more defined set of rules for ICOs to follow as regulation becomes standardized across the board. \n\nBetter Options-\n\nThe quality of companies to invest in will dramatically increase, with many lower-tier scams dropping off. Part of this has to do with the stricter regulations, however another driving factor will be the competition in the space. In 2017, the blockchain market was still the wild west. New companies could stake their claim to an industry and be first to the market. In 2019, there will be multiple competitors in the space. As a wise man once said, “competition breeds success”. The competition will cause companies to focus money and resources on developing better products.\n\nSmarter Investors-\n\nWith the rise of Bitcoin’s popularity at the end of 2017, it seemed like everyone and their mother was jumping into the crypto market. A lot of times these inexperienced investors had no idea what a block was as they were placing their hard earned funds in speculative investment. With mainstream coverage of cryptocurrency in 2018, several excellent knowledge resources have been established and anyone with a computer can go online and educate themselves about crypto. Also, having some failed ICOs and scam ICOs to use as examples will hopefully prevent people from falling for obvious scams or vaporware.\n\nInstitutional Money Interest-\n\nOne of the major roadblocks for growth in the crypto space has been the lack of institutional money. 2018 has seen companies like Coinbase building the infrastructure for institutions to feel comfortable investor sizable amounts in the crypto space. This development cannot be understated, as it will be the catalyst for “Wall Street funded” ICOs of a different scope and caliber. Be prepared for new leaders in industry to start sprouting up faster than usual with the backing of the big/smart money.\n\nEase of Access-\n\nThe process of participating in ICOs in 2017 was very cumbersome. One had to understand how an Ethereum smart contract operated, and get over the hurdle of buying Bitcoin from an unfamiliar exchange and transferring it via an internationally hosted website. 2018 has seen advancements in the ICO incubator space. The incubators are simplifying the process for connecting potential investors with companies. The rise of community management companies has also made it easier for companies to reach their target audience.\n\nAs the ICO landscape changes, I am excited to see the new innovations that 2019 has to offer. There are already companies out there that realize the changes going on behind the scenes and are well positioned to take advantage of them. One such company is Gemstra. Gemstra is in the early stages of planning their public sale, and this is one you definitely don’t want to miss.\n\nFor more information about Gemstra and their public sale dates please join us on Telegram @gemstra or visit us at www.gemstra.com",
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      "body": "The Gemstra team has been traveling the globe the past month seeking partnerships. One of their most recent trips was to China where they met with potential investors to make Gemstra China a reality. In between investor meetings and presentations, the team had time to take in a little bit of local flavor. \n\nOne of the cultural events happening in China around this time of the year is the Mid-Autumn Festival. During the modern celebrations of this festival people gather together for music and socializing. Time tested traditions like lantern lighting, dancing, and indulging in special pastries are still practiced also. Parades with dragon themed characters are common and could be compared to some of the fall activities celebrated in the West around this time of the year.\n\nDuring the course of my research I found something notable about this centuries old festival that, believe it or not, that mirrors some of today’s crypto traditions.\n\nAnother name for the Mid-Autumn Festival is the moon festival. It makes sense. Around this time of the year, the moon can appear larger due to the proximity of the celestial body to earth. The history of the moon festival links back to an ancient Chinese story. \n\nAccording to Lihui Yang's Handbook of Chinese Mythology:\n\nIn the ancient past, there was a hero named Hou Yi who was excellent at archery. His wife was Chang'e. One year, the ten suns rose in the sky together, causing great disaster to people. Yi shot down nine of the suns and left only one to provide light. An immortal admired Yi and sent him the elixir of immortality. Yi did not want to leave Chang'e and be immortal without her, so he let Chang'e keep the elixir. But Peng Meng, one of his apprentices, knew this secret. So, on the fifteenth of August in the lunar calendar, when Yi went hunting, Peng Meng broke into Yi's house and forced Chang'e to give the elixir to him. Chang'e refused to do so. Instead, she swallowed it and flew into the sky. Since she loved very much her husband and hoped to live nearby, she chose the moon for her residence. When Yi came back and learned what had happened, he felt so sad that he displayed the fruits and cakes Chang'e liked in the yard and gave sacrifices to his wife. People soon learned about these activities, and since they also were sympathetic to Chang'e they participated in these sacrifices with Yi.\n\nTo this day, in honor of the festival’s ancient roots, Chinese people will make, share, and eat “Mooncakes” around this time of the year. Typical mooncakes are round pastries, measuring about 10 cm in diameter and 3–4 cm thick, and are commonly eaten in the Southern Chinese regions of Guangdong, Guangxi, Hong Kong and Macau. A rich thick filling usually made from red bean or lotus seed paste is surrounded by a thin (2–3 mm) crust and may contain yolks from salted duck eggs. Mooncakes are usually eaten in small wedges accompanied by tea. \n\nWhile eating these mooncakes during the festival, Chinese people will gather outside under the engorged moon and celebrate family and the rich Chinese culture.\nA moon worshiping party, if you will.\n\nIn crypto how often have you heard the terms “when moon?”, “this one is mooning!”, or “see you on the moon!”?\n\nIn 100 years when researchers gather the meta data of all of the online message boards and crypto blogs they may very well come to the conclusion that the early adopters of crypto did indeed worship the moon. Crypto enthusiast use the distance of the moon, as well as it’s mysterious nature to define the promised land of a successful investment. They use it to describe a goal of success and untold riches. \n\nCould it be that right now, as we speak, we are laying the foundations for our own “moon festival”?\n\nMaybe sometime in the not so distant future, just like Satoshi Nakamoto has his own mythology surrounding him, successful crypto projects like Gemstra will be celebrated and worshiped with lanterns, dancing dragons, and mooncakes, just like what is going on in China right now.\n\nUntil then, I wish the Gemstra team more success as they return to China for another round of investment presentations. Maybe, if fortune smiles upon them, they will have some time to enjoy the Mid-Autumn Festival and indulge in some mooncakes of their own.\n\nFor more information about Gemstra please visit www.gemstra.com",
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      "body": "If you were to calculate how much time you spent on social media sites on a weekly basis, what would your total number? Less than 10 hours? More than 10 hours? Somewhere in the middle?\n\nThe point is, you probably spend at least a couple of hours every week on social media sites. What if I told you that you could make extra money on the side with very little extra work?\n\nYou are probably already familiar with a friend that sells products using social media. Maybe they are selling beauty products or clothing. What you might not realize is they probably aren’t making a ton of money and they are extremely limited in their product options. \n\nFor example, the friend selling beauty products is limited to a certain number of products she can sell, and on top of that, she doesn’t even own her client list. The company she works for does. If she ever wanted to leave that company and sell another product, she would lose all of her clients. If the company she worked for went out of business, there would be no way to recover any of her hard work.\n\nUp until now, this has been the model for social selling and it is filled with flaws that are extremely risky to your average social seller. \n\nA company by the name of Gemstra is changing all of that. With Gemstra’s ASTRA platform every part of the old model is replaced to benefit the seller. In Gemstra’s model the seller owns their data. That means if they wanted to sell beauty products one week, and then switch to clothing the next, they would be able to do so without losing any clients. If one of the brands that they were selling went out of business, they can simply choose another brand to focus their efforts on. \n\nAll of these benefits are built onto the time-tested social selling model. In previous years before the internet existed, people would by products based on word of mouth, most often though door to door salesman, or “product parties”. With the internet, it is no longer necessary to be face to face for a transaction or a product recommendation to take place. Gemstra’s ASTRA platform takes this amazing innovation one step further by incorporating blockchain technology into the social selling model. The blockchain allows these transactions to be safely stored on the blockchain where customer data is secure and accessible by the sellers. With the creation of the GMS token, the blockchain is used to incentivize sellers, and pay commission for transaction securely and quickly within the ecosystem. \n\nThe technology behind the platform is truly amazing. However, at the end of the day the user only wants a platform that is easy to use and helps make them money. Anyone can plug directly into Gemstra’s ecosystem and start leveraging their social network to sell all different kinds of products. Gemstra plans to use 2019 for a merchant onboarding blitz to increase the options sellers will have. Whether it is sunglasses, or hardware supplies, social sellers will be able to gear their BOUTIQUES to the type of people in their network that are likely to buy a specific type of product. This type of flexibility within an ecosystem is what will make Gemstra stand out among the competition.\nGemstra’s developers are based in the U.S.A with the foundation located in Cayman. However, this geographical location will not limit the Gemstra team. The team recently got back from China, and the word is they have secured some excellent future partners. \n\nThe ease of the ASTRA platform is universally recognized irrelevant of language or cultural difference. The world’s 2nd largest economy will now have access to the benefits that the world’s largest economy will have early access to. \nGemstra has simplified the process for making money in your spare time for millions and millions of people all over the world.\n\nFor more information please visit www.gemstra.com",
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      "author": "gemstra",
      "body": "In the popular 1987 film “Wall Street”, the character Gordon Gecko, played by Michael Douglas, has some memorable lines. One of my favorite Gecko quotes describing the financial markets is, “It's a zero-sum game: somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another. Like magic.”\n\nYou don’t get points for almost winning. Only one person or company will live to see themselves crowned as the king of their industry. In the world of cryptocurrencies, this couldn’t be more true.\n\nThink back to the old days when the internet was first rolling out. The tech book surrounding Internet 1.0 was gigantic. Companies were popping up all over the place promising to be the biggest and best, but only a handful of the companies are still around today. Some were absorbed through mergers and acquisitions, and some were simply beaten and wiped off the map. \n\nFor example, AOL used to dominate the internet browsing space. If you are old enough to remember, they would send you free CD’s in the mail with internet data time on them. They had a lock on the market. Now, all that remains is a news website that most people opt out of for something more recognizable like Google or Facebook.\n\nIf history repeats itself, then I believe the same thing will happen in the crypto space Currently coins like Bitcoin and Ethereum dominate the news headlines because of their early adopters becoming wildly rich in a relatively short period of time. However, worthy challengers have started to pop up in their respective industries that are poised to eat up market share very quickly.\n\nOne company that has this potential is Gemstra. Gemstra is a decentralized blockchain-integrated ecosystem for the social selling economy. Gemstra’s goal is to build a technological protocol for social selling that opens the industry to everyone in retail. Gemstra’s ecosystem will establish a commonwealth for social selling by providing a technology that fairly distributes power to the appropriate actors of the model.\n\nThis vision is what will allow Gemstra to overtake the other competitors in the social selling space. By giving the advantage to the sellers through fair distribution of power, Gemstra is polarizing the most important part of any crypto company; the community of users. \n\nGoogle was successful because it empowered the users by giving them a reliable high quality search engine. Facebook was successful because it empowered its users by providing a easy to use interface to connect with their friends. Gemstra will be successful because they are empowering the social sellers, the people who are loyal to different brands and merchants, by giving them control of their date in an easy to use and fun platform where they can make a daily profit.\n\nThe writing is on the wall with the Gemstra project, and as the team continues to build and make deals, I am very excited about their future. It is clear that Gemstra has the tools to win the game, and leave the competition in the dust.",
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      "title": "Crypto Is A Zero Sum Game"
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      "body": "A gig economy is an environment where organizations contract with independent workers for short-term engagements, or gigs. Gemstra’s social selling model is a perfect fit new entrepreneurs to set up shop and start selling merchandise. \n\nAs a merchant on Gemstra’s ASTRA platform, you will have access to a pool of sellers, eager to leverage their social network to sell your merchandise in exchange for a commission. This pool of sellers will be reachable for merchants anywhere Gemstra is located. \n\nGemstra’s road map calls for a massive on-boarding of new brands, merchants, and sellers in 2019. The roadmap also mentions China as a target for 2020. However, the Gemstra team is hard at work laying the groundwork for international Gemstra operations as we speak. Most recently, Gemstra made a trip to China to talk business.\n\nThe value of accessing the Chinese economy cannot be understated. 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. China is also home to over 1.3 billion people.\n\nIf Gemstra is able to lay the foundations for a Gemstra China, this would catapult the company to a whole other level, and maybe faster than originally anticipated.\n\nTake a look at some pictures of Gemstra shaking hands on their recent trip to China.\n\n![China colage.png](https://cdn.steemitimages.com/DQmanwyCg52yk1ggUpNBKqJYzUQE8iZ2L4pSmCBscZjLQpB/China%20colage.png)\n\nI would venture to guess that the Gemstra team is right on track to “seal the deal” in China and take advantage of the amazing opportunity that a Gemstra China would deliver! I am anxiously awaiting any official news the team will release.\n\nFor more information visit www.gemstra.com",
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      "title": "Offering A New Type Of Gig Economy To Billions Of People Living In China"
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      "author": "gemstra",
      "body": "@@ -4500,138 +4500,51 @@\n s se\n-cured government support for %E2%80%9CGemstra China%E2%80%9D. This is huge news. Without the support of the government, nothing gets done in China\n+t the framework to enter the Chinese market\n . Ge\n@@ -4603,30 +4603,34 @@\n gs with \n-the government\n+important contacts\n , accord\n@@ -4692,45 +4692,25 @@\n tra \n-has agreed to a joint venture\n+is in talks\n  with \n-a \n prom\n@@ -4719,28 +4719,8 @@\n ent \n-real estate venture \n comp\n@@ -4794,17 +4794,16 @@\n een told\n-,\n  that mo\n",
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      "title": "China's Booming Tech Industry & Gemstra"
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      "body": "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. \n\nIn 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. \n\nIn 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.\n\nToday I want to focus on a leader in the global economy, and a rising star in blockchain innovation. \n\nChina 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.\n\nChina 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.\n\nThese are big numbers. When a nation of this size decides to support a new technology, such as blockchain, the world should really pay attention.\n\nRecently, 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.\n\nThe 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.\n\nIn 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.\"\n\nWith 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. \n\nLet’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.\n\nI 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.”\n\nThis 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.\n\nHere’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. \n\nA credible source has relayed to me that Gemstra has secured government support for “Gemstra China”. This is huge news. Without the support of the government, nothing gets done in China. Gemstra has just finished a series of week long meetings with the government, according to my source. The same source also stated that Gemstra has agreed to a joint venture with a prominent real estate venture 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!\n \nThe 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.\n\nTo learn more about Gemstra please visit www.gemstra.com",
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      "author": "gemstra",
      "body": "Not long ago I had the chance to sit down with a friend and catch up. We hadn’t seen each other in several years, but through the magic of social media we were reasonably up to date on the major events in each others lives. \n\nThrough my daily casual scrolling of my news feed, I had learned he had recently got a new job, and completed a successful hiking trip in the Western United States among other things. Over the past year, I also noticed he had also shared some CNBC articles on Bitcoin. He had seen some of my posts too. \n\nAfter about a beer and a half, he asked me, “so what do you think about Bitcoin”? Well aware that this would lead to a 3 hour conversation about trading strategies and the “state of the market”, I indulged him and with a serious look on my face said, “Bitcoin is the future man”. \n\nNow, to say that he was a professional investor was a bit of a stretch. Sure, he had a good job with a good income, a house, a wife, 2 kids, and a 401k. But, like many people he had just entered the cryptocurrency market in 2017 when Bitcoin started getting national headlines. \n\nHe told me how he invested in his first ICO in 2017 and held a little bit of Litecoin. Even though he was down on most of his positions since 2017, he looked at the charts every once in a while and checked his Blockfolio like a madman.\n\nOur conversation shifted into specific companies, and when it was my turn to speak, I brought up Gemstra, “The Future of Social Selling”. I explained to him the concept of social selling where loyal users of a brand sell their favorite products using their own personal circle of influence. I explained to him how Gemstra creates a smart contract token economy that unlocks social selling for the $24 trillion retail market.\n\nI explained how the Astra Platform is a technological infrastructure for retailers and brands to integrate with and build a social selling channel. I also explained how the GMS token will be used by 250+ million social sellers to maintain freedom, earn more value, and grow their equity in the industry.\n\nHe nodded his head and absorbed the information I was telling him. With the time we had allotted, it was impossible to explain every single detail of the Gemstra ecosystem, but he left our meeting with a promise to review the website (www.gemstra.com) and read the white paper (https://docsend.com/view/xvyqq7a).\n\nI received a call after the weekend, and my friend sounded excited. He said that he had just white listed for the upcoming token sale, and if he could add Gemstra to his Blockfolio yet. Through the knowledge I had gained through my dedication to the Gemstra Official Telegram group (https://t.me/gemstra) I advised him that liquidity for the token holders was very important to the team, and that they had a plan for this, but they couldn’t disclose details at this time. Satisfied with the calculated confidentiality of the team he asked me, “so, have you registered yet”?\n\nWe spent the rest of the phone call discussing our research strategy for Gemstra. I directed him to Gemstra’s social media and we joked about who could accumulate a bigger bag. It was clear that we both understood Gemtra was something special, different from your average crypto project.\n\nThe main takeaway I got from my friend was his understanding of the way Gemstra’s ecosystem will work. He said, “it’s not rocket science to understand that people want to sell products that they like, and Gemtra’s Astra system makes that easy to do while rewarding the seller’s more than traditional models.” \n\nThis struck a chord with me and I think it will strike a chord with the millions of “regular crypto traders” out there. Gemstra’s market already exists. They just aim to implement a better model. \n\nWarren Buffet once said his method for picking stocks was to find a company that offered a superior service at a reasonable price. Gemstra certainly fits this description. \n\nIf you are reading this, I encourage you to do your own research on Gemstra and I will ask you the same question my friend asked me…\n\n“So, have you registered yet”?\n\nWebsite & White paper\nhttps://gemstra.com\n\nReddit\nhttps://www.reddit.com/r/Gemstra/\n\nTwitter\nhttps://twitter.com/gemstraofficial\n\nMedium\nhttps://medium.com/gemstra\n\nFacebook\nhttps://www.facebook.com/gemstraofficial\n\nEmail\[email protected]",
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      "author": "gemstra",
      "body": "@@ -1,23 +1,4 @@\n-The MVP Of Crypto%0A%0A\n In t\n",
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      "author": "gemstra",
      "body": "The MVP Of Crypto\n\nIn the technology world, a minimum viable product (MVP) is a product with just enough features to satisfy early customers, and a method by which to provide feedback for future product development. If you have been doing your research on the vast pool of new ICOs, you may have heard this term thrown around.\n\nOftentimes, while reading a company’s road map, you will see a goal for releasing a MVP. More often than not, however, this MVP goal will be somewhere way off in the future with several other goals that must be achieved prior to MVP release. \n\nThe reason for this pattern, is because the majority of new ICOs out there are nothing more than an idea in a visionary’s head. Although this visionary may have great intentions and be extremely intelligent, they have yet to produce anything that resembles a working product. \n\nInvestors flock to these projects with the promise of one day being able to see the product in action. Investor support has literally become a norm at the concept stage. Sometimes these ideas pan out after successful fundraising events, and sometimes they don’t. \n\nLet’s compare the different development stages of all cryptocurrency projects. Take a look at a graph by ICO Rating.\n\n![ICO Rating.jpg](https://cdn.steemitimages.com/DQmeVigUoufdzidkDFWA3bKftaUGvbYz1AGrDwyT9a8XWyE/ICO%20Rating.jpg) \n\nThe graph shows a distribution of projects staging an ICO by the development stage of their product as of Q2 2018. 57.43% of all new ICOs are still in the idea stage.\n\nThis is quite a concerning statistic considering the massive amount of money being raised in the crypto space. It suggests that investors are willing to spend their money on pure speculation. \n\nFurthermore, compared to Q1, the number of projects that sought funding in the idea stage increased by 10.83%. \n\nAn investor should always do their research before investing. The existence of a MVP is an important indicator of the maturity of a project. The presence of an MVP allows investors to evaluate the product and see its potential use case in the real world.\n\nThe Gemstra team understands the importance of real product development. In my opinion, it has become more and more evident that there is an enormous over supply of projects in the concept stage. The world is ready for live utility and Gemstra is here to deliver. \n\nWhat is Gemstra? According to ICObench, Gemstra is a blockchain-integrated ecosystem for the social selling economy. Gemstra BOUTIQUES is the flagship marketplace that connects Brands and Sellers in social selling. The success of BOUTIQUES led the Gemstra team to build ASTRA - a blockchain platform to serve as technology infrastructure for retail merchants to join the social selling economy. Gemstra will make the BOUTIQUES marketplace software open source and create the Gemstra SDK so any merchant (retailer) can easily add a social selling channel to their business. \n \nGemstra will be launching a public sale starting October 1st. \n\n![Schedule.jpg](https://cdn.steemitimages.com/DQmRjtDQraAQYhSKhWeYrHenwYmiRLv7y2dXB2FicQNYMq3/Schedule.jpg)\n\nGemstra will have Live Utility on December 1st. This means that the tokens purchased during the ICO will be spendable right away on the ASTRA platform (Gemstra’s MVP that will be fully functional in Q4).\n\nFor smart investors researching what ICOs to invest in, It may be wise to understand what stage in the development life cycle is the product in. For more information on Gemstra’s MVP, please request their whitepaper here: https://docsend.com/view/xvyqq7a \n\nTo register for Gemstra’s token sale, please visit www.gemstra.com.",
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      "body": "Crypto has a problem \n\nIt seems like everyday there is a new cryptocurrency project being announced. As of April 2018, there were already over 1500 different cryptocurrencies! With project names like Trumpcoin, Putincoin, Potcoin, Pizzacoin, and Dogecoin, they all have to be winners right? \n\nWell… these coins belong to a family of projects lovingly referred to as “vaporware”. Vapor is in the title to imply that there is little or no substance to these projects and the tokens have no real purpose or function. \n\nSome of these vaporware coins, ironically, have found some success from cult like followings on the internet. With no real world use case, do you think these vaporware coins will have any value in 5-10 years? I will speculate on the matter and say... No!\n\nThese vaporware coins bring nothing and survive, merely because of the novelty of their names. Allow me to speculate further and state this is a HUGE problem in the crypto space.  Uneducated investors and enthusiasts are in danger of being taken advantage of by clever marketing, or the promise of joining the “next best thing” in crypto. It’s vaporware projects like these that puts fuel on the fire for regulatory bodies like the SEC to act swiftly in the public’s interest.\n\nGemstra has a solution\n\nEnter Gemstra. The Gemstra team is building a blockchain-integrated ecosystem (ASTRA) and token economy (GMS Token) to liberate social selling as an industry. Gemstra launched the first social selling marketplace (BOUTIQUES Marketplace) in July 2017 to connect retail brands to social selling, giving sellers freedom to choose products and brands they want to represent. In less than 10 months, BOUTIQUES added 8 brands, 3000 sellers, and stands to generate over $5 Million in annualized sales. What truly separates Gemstra from the rest of the space is their substance.\n\nGemstra is NOT another vaporware project or coin. Rather, Gemstra has an already proven business model with a native token, GMS, that provides real utility for the entire ecosystem. The GMS token is an ERC-20 token for the ASTRA social selling platform. 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. \n\nAside from reducing friction for a fragmented and rigid industry, the Gemstra token gives the ecosystem a framework for Gamification and Governance. Gamification has been a cornerstone of the social selling industry for decades. Why? Companies gamify achievements or actions so Sellers stay engaged. The retention of Sellers is by far the most important aspect of social selling for Merchants and Brands. In past models, social selling merchants developed effective rewards based on some gamification of achievements, engagement, recognition, and community to keep Sellers motivated and continuously generating business. Gemstra will enhance this gamification experience with the GMS token.\n\nOne of the most overlooked benefits of blockchain technology is the ability to design highly efficient governance systems. Within ASTRA, the GMS token can be staked with the Merchant so Sellers and Brands have a say in decision making. All actors can vote on important business decisions such as changing the compensation plan for a Merchant, changing the commission structure for a Brand, whether or not a Merchant may allow entry to a new Brand, or even policy changes. For the first time, the social selling model will be democratized to promote fair behavior for all actors involved! The incorporation of a governance model with these features in a marketplace that is currently controlled by a few monolithic players will have astonishing real world benefits. \n\nMoving Forward Into The Future\n\nGMS tokens will have LIVE UTILITY in the fourth quarter of 2018! GMS paid out as commissions can be withdrawn into a user’s wallet and exchanged on the open market. GMS can be used to pay fees by actors in the economy, paid out to Sellers (and Customers) through the Rewards System, and lastly, GMS tokens can be used to purchase products across all of ASTRA! \n\nAs a unit of value that is used to promote rewards, pay commissions, buy merchandise, and motivate sellers, the GMS token provides true utility to Gemstra’s ASTRA social selling platform. Right away it has distinguished itself from the ever increasing list of vaporware coins with no real benefit to society. It is this critical difference that will give Gemstra the advantage going forward into the future. Only tokens with true utility will survive the test of time, while the other tokens will simply cease to exist.",
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      "body": "For those of us with an entrepreneurial spirit, the rise of social media has been a gamechanger. The ability to connect with anyone, anywhere, anytime through networks like Facebook have opened up doors no one could have imagined just a few short years ago. Whereas your customer base may have previously been limited to those people you personally interact with on a daily basis, selling through social media provides you with an endless stream of potential clients from around the world.\n\nBut while recent developments in technology have opened new doors for social entrepreneurs, further restrictions are limiting the ability of even the hardest working among us to succeed. One such prime example is the centralization of social selling. A select few monolithic players have cornered the market, handcuffing social sellers. \n\nToday's social sellers are forced to not only compete with brand monoliths who dominate the social selling space, but also with brands who are unreliable and unwilling to share access to vital customer data. In other words, you do all the work, and they keep all of the market data for themselves. With limited options like these holding back hard working social sellers, it appears evident that the system is broken. \n\nSo what's the solution for social sellers? Meet Gemstra.\n\nGemstra is a one-stop solution for the next generation of social sellers. Gemstra allows you to build your very own online boutique filled with the well-known brands you choose. This freedom will enable you to develop your unique brand to meet the demands of your clients and focus your energy to achieve your goals. \n\nOne of the most amazing aspects of Gemstra is its approach to giving you, the seller, more control of all aspects of your business. Whereas traditional social selling platforms limit your ability to access and use your customer data, Gemstra embraces the concept of democratization of data; this means information is available in a digital format for you to access and use how you see fit. By maintaining this access, you now have the mobility to take your business anywhere you want without sacrificing all of your hard work.\n\nPowered by the ASTRA (blockchain platform), Gemstra's state of the art software development kit (SDK) enables sellers to unlock the merchant social selling infrastructure. Bypassing traditional payment processors means no more third-party intermediaries taking large chunks of your revenue and slowing down the commission payment process. \n\nAnother significant issue impacting social sellers is data security, meaning customers are unwilling to share their personal payment information online. Under a traditional social selling model, you as a seller have no control of this data and no way to assure your customers it will be protected. The blockchain is the global standard for security when it comes to online financial transactions; Gemstra’s ASTRA platform utilizes this technology to give both you and your customers peace of mind.\n\nWhat else is in it for Sellers? Simply put, access to the Gemstra Token (GMS) system. The GMS token provides a default exchange/store of value and incentivizes social selling aspects of the ASTRA platform. In addition to providing dynamic features like gamification functionality to attract and reward buyers, the costs of goods using the GMS token will always be cheaper versus other cryptocurrencies like ETH or BTC. The result is a better customer experience at a lower price.\n\nThe antiquated social selling industry is ripe for change. Gemstra is planning to lead the way with their groundbreaking blockchain solution and token economy designed to tap into the $24 trillion global retail market. \n\nFor more information on claiming your own Gemstra Boutique, visit www.gemstra.com.",
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      "body": "Uber Meets Amazon\n\nThe New Kid in the Gig Economy\n\nBefore Uber, the opportunity to make a living chauffeuring passengers was limited to those who were willing to jump through the necessary hoops to become a taxi or limousine driver. Chauffeur exams, fees, and buying or leasing a car that met special requirements all stood in the way of a would-be driver. In many large cities, extremely expensive and supply limited permits are required, so seeking employment at an established taxi company was the only option.\n\nThen came Uber and everything changed. Anyone with a normal car meeting a few basic requirements can sign up and start driving in a matter of a couple days. In addition to greatly easing the friction of entry, Uber drivers avoid the social stigma that has, unfairly or not, been bestowed upon taxi drivers.\n\nNow, Gemstra brings social selling into the Uber and gig economy age with its novel blockchain-based protocol and Astra platform. Just as Uber did to transportation, Gemstra will turn a centralized direct selling industry on its head through smart usage of decentralized technologies and token economics. Gemstra’s platform allows sellers to create a unique store that combines multiple brands in a way that looks nothing like direct selling as we know it now. This platform is expected to encourage people who have been turned off by traditional direct selling to try the Gemstra way.\n\nA Winning Combination\n\nGemstra meshes some of the best parts about selling on a traditional storefront like Amazon, with the low barriers to entry and freedom that Uber drivers enjoy. Gemstra takes these concepts a step further with the incorporation of blockchain technology to reduce payment friction, create a gamification layer, and achieve democratic governance. The Gemstra platform even allows for instant commissionable payouts so sellers no longer have to wait.\n\nE-commerce revolutionized sales by supercharging data-driven selling. The power of the Internet and the technologies layered on it have created new avenues for data collection and analysis. As any successful online seller knows, data is where the real business value accumulates over time. The key to Amazon’s success is its use of data analytics to drive sales for its sellers. However, it’s not just Amazon who collects data. Amazon sellers themselves build up a rich customer database that is theirs whether or not they decide to sell their products elsewhere. Data retention by sellers is a concept foreign to direct selling until now. The incorporation of blockchain will enable Gemstra to break the chains off of a 180Bn dollar industry.\n\nRunning a successful Amazon business is hard. Principally because of the difficulty in finding good products and branding. Not to mention inventory management and other issues. This is why social selling via a direct sales company has traditionally been appealing. A successful product catalog with a known brand already exists. All that sellers need to do is leverage their social networks, online and in real life, to make sales.\n\nUnfortunately, this arrangement has always come with a major downside. When social sellers partner with big direct marketing brands such as Mary Kay, Amway or Avon, these centralized billion dollar behemoths own and control all the sellers’ customer and network data. Sellers are locked in and essentially held captive since they can’t use that data to sell other brands that their customers might like.\n\nGemstra solves this. With Gemstra, sellers can reap the benefits of pre-made product catalogs, established branding, and easier inventory management while also creating and owning rich sets of customer data. It’s the ease of getting started with Uber coupled with the customer data retention of Amazon.\n\nNew Possibilities \n\nGemstra’s model fuses what is best about direct selling, decentralized technology, token economics, and e-commerce to create something fresh and attractive. Building on previous business successes, the team is primed to unlock even more potential from the direct selling industry. Just as Uber created a new job category for many thousands of people, Gemstra is poised to deliver similar possibilities to all of the world.\n\nThe road ahead is exciting! If you’d like to learn more about Gemstra, please visit our website (www.gemstra.com) and join us on Telegram (https://t.me/gemstra).",
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      "body": "@@ -6849,16 +6849,18 @@\n         \n+%0A \n So if AS\n",
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      "author": "gemstra",
      "body": "Blockchain for Today’s Social Sellers\n\nWhether you’re an avid follower or a first time visitor to Gemstra’s Medium page, I would like to call attention to the powerful industry that is social selling. In the US alone, Social Selling is already a $35 billion dollar market ($180b worldwide) with foreseeable growth of 7–10% every year. Despite this upward trend, the social selling or direct selling marketplace does not come without its own challenges. The social selling landscape is littered with monolithic giants due to high barriers to entry. New merchants are stifled from joining the industry, enticing a market constricted to a select few. Consequently, each merchant holds their sellers captive by making it difficult, if not impossible, to transfer customer data, transaction data, and genealogy (network) data. Sellers risk losing income they worked hard to earn should they seek mobility. One may ask, why would anyone want to enter this space? Well folks, the answer may be Gemstra’s ambitious exploration into blockchain technology, more specifically, ASTRA.\n\nWhy ASTRA?\n\nSo what is ASTRA? The origin of ASTRA can be traced back to Gemstra’s platform, BOUTIQUES. BOUTIQUES is a proof-of-concept social selling marketplace that gives sellers the ability to choose brands and products they want to sell. Remember those pain points I described regarding seller immobility? Well, the BOUTIQUES concept was one step ahead of the competition, granting sellers a myriad of options to build their direct selling business. BOUTIQUES attracted 3000 sellers and 8 brands generating 7-figure annualized merchandise sales within 9 months. The BOUTIQUES success story proved retail brands favor social selling while sellers desire freedom. Gemstra’s goal is to not just improve the system, but rather, deliver a complete overhaul of the unfair marketplace that exists today. The technological innovations of blockchain has made this paradigm shift a possibility for the first time in social selling history. ASTRA is the tool, a blockchain integrated solution for social selling, that opens the industry to the retail economy. This smart contract platform serves as cornerstone for the Gemstra ecosystem. ASTRA enables:\n\n. Sellers to keep customer and network data they generated. Sellers control their private keys on the Ethereum blockchain \nthanks to ASTRA smart contracts enabling sellers to access any merchant they please while controlling their hard earned sales communities                                                                                                                                                                                                                                                             \n                                                                                                                                                                                                                                                              \n. Merchant barriers to entry wash away. The ASTRA platform unlocks the merchant social selling infrastructure for any business that has built a brand based on thoughtful product creation. Merchants are able to host transactions between multiple brands and sellers.                                                                                                                                                                                                                                                                         \n                                                                                                                                                                                                                                                              . Brands to get more exposure as their products can be listed across multiple new merchants. Brands control the settlement economics of each transaction via smart contract and may offer customized commissions and rewards as well as a portable catalog to be integrated with any variety of merchants.                                                                                                                                                                                                                                                            \n                                                                                                                                                                                                                                                              . Customers access to more options and deals on a wide range of products available to their friends and family actively social selling.\n                                                                                                                                                                                                                                                 ASTRA promotes fair behavior and creates a trustless ecosystem for all actors in the social selling model. ASTRA is tokenized with the GMS token (ERC 20 token), the default utility token. The natural benefit of GMS tokens are a reduction in friction for each social selling transaction. GMS is the default method of commission payment to sellers and can be used to purchase products at any merchant. More importantly, GMS powers a gamification system that can be customized by brands and merchants for sellers. Gamification is a subject that I will cover exhaustively in a later article. The GMS token serves as a well-engineered vehicle in ASTRA’s ecosystem by allowing its users to:\n\n. Purchase products across the ASTRA platform\n                                                                                                                                                                                                                                                              . Withdraw GMS tokens paid out as commissions directly into their wallets\n                                                                                                                                                                                                                                                              . Exchange GMS tokens on the open market\n                                                                                                                                                                                                                                                              \n. Pay fees to actors in the economy\n                                                                                                                                                                                                                                                          So if ASTRA is the tool in fixing the broken system of social selling, is Gemstra the mechanic? I asked the team how would they define their part in the social selling marketplace. Their answer… “We are both merchant and technologist, we are not just working on a platform or a protocol or another blockchain, but rather, a transition of power away from the few and towards the many” (Jay Cheng, CEO). The team is on track to be the first commerce-focused crypto with real, impactful utility. Are you ready for the journey?",
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      "permlink": "hey-mom-astra-removes-your-handcuffs",
      "title": "Hey Mom! ASTRA removes your handcuffs!"
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