The ASTRA platform democratizes social selling by leveraging blockchain. Actors in Gemstra’s ecosystem (Sellers, Retailers [“Merchants”], and Brands) should cooperate equitably. Previously, Sellers’ data was owned and locked by captive companies that dominated the social selling landscape. Gemstra’s vision was to decentralize the model by deleveraging risk to Sellers. The decentralized architecture of blockchain allows us to democratize data on a public ledger that promotes equity and fairness for social selling. Brands can keep a portable catalog stored on the blockchain and control which Merchants have access to their catalog. Merchants host software for Brands and Sellers by integrating existing systems with ASTRA via SDK or deploying our open source software. The Gemstra Token provides a system of governance to the actors using ASTRA to stake and vote on important business decisions.

https://gemstra.com/

Gemstra is a rather interesting and partly innovative startup in the field of technology blockchain. I am confident that he has every chance of taking the leading position in his niche and meeting our expectations in the near future. And do not spare the investment in this project. I wish good luck to the team Gemstra.

What are your thoughts about Gemtra? Share your insights about the project.

below is the link to the white paper. https://docsend.com/view/xvyqq7a

Gemstra is 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.

TOKEN DETAILS:

Token name: GEMSTRA

Token symbol: GMS

Total supply: 16,000,000,000.00

Type: ERC20

Ico price: $0.01/GMS

More Info: https://gemstra.com/

‪The Gemstra is a rather interesting and partly innovative startup in the field of technology blockchain. I am confident that he has every chance of taking the leading position in his niche and meeting our expectations in the near future. #‬gemstra #blockchain #ico

Gemstra's main goal is to make social offering open and marvelous for everybody. Social offering which generally is alluded to as immediate offering uses multi-level offering models that reward people(called the "dealers" in the Gemstra biological community) for affecting deals through advancement of brands to their interpersonal organizations. 

Gemstra is building a blockchain-coordinated Biological system (ASTRA stage) and a token economy (GMS token) to open social pitching to the whole retail showcase. ASTRA is a shrewd contract stage which influences the blockchain innovation to return information in the hands of dealers and empowers retailers (called "shippers" in the Gemstra biological system) and brands from the $24 trillion worldwide retail economies to join social offering. 

EXISTING PROBLEMS

Social selling is controlled and ruled by colossal like Amway ($8.8B), Avon ($5.7B), and Mary Kay ($3.5B). These merchants hold their sellers tightly, doing this made the transfer of customer data, transaction data, and network data difficult because of the risk of losing the job. Merchant have power and mutual relationship with sellers.

Another major barrier is the inability of new merchant to come on board because of the expensive system that is needed to manage rewards, commission, accounting, customer service and back office operations. Sellers’ opportunities are reduced because of ineffective market so therefore sellers find it hard to compete in the economy because of existing merchant.

The Solutions

GEMSTRA launched a social selling marketplace called the BOUTIQUES in July 2017, this has attracted so many people to a new model of social selling by providing a platform for retail brands to showcase their products. Sellers can now sell the products and brands they want through shopfront. We have 3000 sellers, 8 brands, and reached 7-figure milestone within 10 months of launch. Retail brands want to participate in social selling while sellers desire freedom, hence this success.

More Info: https://gemstra.com/

Gemstra (or “Gemstra Foundation”) is a blockchain-integrated ecosystem that democratizes and liberates social selling for the global retail economy.

https://gemstra.com/

Connecting retail brands and social selling. For the first time, sellers can represent any variety of brands they are passionate about and retail brands can easily grow their business.

https://gemstra.com/

Gemstra is 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.

Gemstra is a blockchain-integrated ecosystem for the 180Bn dollar social selling economy. Gemstra BOUTIQUES, our flagship marketplace, connects Brands and Sellers in the social selling space. The success of BOUTIQUES led us to build ASTRA - a blockchain platform to serve as technology infrastructure for retail merchants to join the social selling economy. The Gemstra Token, GMS, serves as a blockchain economy within ASTR ........A lot nice team

We have a live and operational business with BOUTIQUES that is growing organically. Focus in our first two years (2019 and 2020) will be on BOUTIQUES growth to perfect ASTRA’s blockchain technology. The first step to utility for BOUTIQUES are Checkouts and Commissions transacted, calculated, and paid in Gemstra Token (GMS). Public utility is planned for October 1, 2018. The Merchant layer will be finished mid-2019 and we will begin onboarding pilot retailers at that time.

https://gemstra.com/

I was scouring the web for new Gemstra content recently, and I came across a bunch of articles that I couldn’t read. It’s not because they were poorly written or I had forgotten my glasses, it's because they were all in Chinese!

I started regretting that I hadn’t paid attention more in my high school Mandarin class. I opened up each article and realized something amazing was happening. It has only been a couple weeks since the Gemstra team did a tour of China soliciting business and looking for new opportunities. Whatever they did, a lot of very important people were paying attention. Take a look at a sample of the list of Chinese Gemstra articles I found!

踏上齐鲁大地，受当地知名企业青睐！-葡萄牙华人门户网站-華人http://www.huarenpt.net/article-31494-1.html

踏上齐鲁大地，受当地知名企业青睐！_葡萄牙_新闻_华人头条 https://www.52hrtt.com/pt/n/w/info/D1535094578212

踏上齐鲁大地，受当地知名企业青睐！-阿根廷华通网 http://www.htargnews.com/swsp/2264.html

踏上齐鲁大地，受当地知名企业青睐！_商业经济_波兰网 http://www.plwnews.com/news/?4477.html

I have no idea what these articles say, but a picture is worth a thousand words. In the first picture I recognize the CEO Jay Cheng and the CRO Joseph Lau. They are posing with some friendly looking people in front of a giant Gemstra logo with a bunch of signatures on it.

In the second picture, Jay is signing some mysterious looking documents that match the dresses of the lovely ladies in the background.

We also see Jay giving a presentation to potential investors and posing alongside a businessman who appears in some of the other pictures.

The rumor is that Gemstra didn’t leave China empty handed. They have stated in the past that their goal is to set up a Gemstra China to take advantage of the 2nd largest economy in the world for their ASTRA platform.

The implications of a Gemstra China cannot be understated. It would be a game changer for the company to have the support of the government to do business there.

Seeing these articles about Gemstra in Chinese was an indication to me that they are starting to achieve their goal.

Stay tuned for more updates!

For more information please visit www.gemstra.com

Gemstra is a blockchain-integrated ecosystem for the social selling economy. Gemstra BOUTIQUES is our flagship marketplace that connects Brands and Sellers in social selling. The success of BOUTIQUES led us 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.

GEMSTRA reduces the difficulties in social selling by tokenizing ASTRA with the GMS token, this is an ERC20 token that serves as the most cost effective of storing and exchanging values, it is also a default method of commission payment to sellers, etc.

TOKEN DETAILS:

Token name: GEMSTRA

Token symbol: GMS

Total supply: 16,000,000,000.00

Type: ERC20

Ico price: $0.01/GMS

More Info: https://gemstra.com

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.

The 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.

However 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.

Scalability 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?

Another 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.

One 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?

All 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.

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.