GEMS

Gems - GEMZ

The beauty of recent developments based on the innovative Bitcoin technology is that they allow the public to claim control over previously centralized endeavours. By creating automated, trustless interactions over the network, we can now build systems that do not require concentrated power to maintain order in. Rather, the power is spread throughout the network and is left in our hands, the active participants in it.
The Bitcoin revolution has brought us control over our money. In this position of control, we are its owners and we decide what to do with it, uninhibited by the interests of those in positions of great influence. Here at GetGems, we are attempting to do the same, only with the basic communication method of the Information Age – text messaging.
Current IM applications, such as Skype or WhatsApp, use the information you provide to them for their own benefit. They maintain huge databases characterizing you and your behavior in an attempt to profit from it. From the networks that you create with your friends and family.
In this unique point in time, we are able to take this power from them, and keep the value we create in our networks to ourselves.
By disconnecting the application from its current axiom of generating revenue for its corporate owner, we can move development in the direction of supporting the network and its users. It becomes an ever-evolving social product, shaped to facilitate our need and desire to communicate.

About

The primary goal of GetGems is to make it easy for millions of people to adopt bitcoin.
Read more about how Gems is going to reclaime social networks from the control of traditional establishments.

• GetGems is a new 2nd generation cryptocurrency powered by Counterparty. The platform is built on top of Bitcoin.
• GetGems is The First Social Currency Network.
• GetGems is a social messaging app bringing crypto-currency to the masses.
• GetGems is designed from the ground up with this goal in mind.
• GetGems relies on a Public Sell for initial distribution of the supply. The total amount of GetGems in existence is 100’000’000 (100M).

100 million GEMS is the total currency supply in the GENESIS BLOCK. Eventual supply is achieved as follows: 50 million Gems distributed to stakeholders; 30 million Gems distributed as daily Airdrop rewards during ~3 years after launch; 12 million Gems reserved for bonus block rewards, promotion, marketing, bounties; 8 million Gems + Presale BTC will fund the network R&D and operation costs.

Crowdsale

GetGems sale has successfully raised $780K (2,633 BTC) during the token sale. We are immensely grateful for the amount of support we have received around the GetGems project and Koinify platform. With over 1,500 unique token sale purchasers, it’s easy to see that people are excited about brining crypto technology to the masses.

The GEMS Mobile App

The social messaging app bringing crypto-tokens to the masses

Gems is a free mobile app available for iOS and Android. It makes instant messaging with friends fun, simple, secure and profitable.

• Fun. Keep in touch with friends. Free unlimited instant messaging.
• Simple. Your passphrase is your wallet. Fully functional in under 30 seconds.
• Secure. Be as anonymous as you desire. Communications are always encrypted.
• Profitable. Be rewarded for introducing new users to the network.

GetGems will be launching as a free mobile application for iOS and Android smart phones. In addition to coming with a built-in digital wallet and providing fully encrypted instant messaging that is indecipherable by GEMS’ own infrastructure, GetGems will give users the power to instantly send and receive its native tokens, GEMZ, and Bitcoin to friends. GEMZ can be earned by participating in the network, inviting friends to join, and via “airdrop” giveaways. The tokens can then be used within the network.
At the moment, the masses lack a strong incentive to enter the Bitcoin ecosystem. GetGems solves this problem by ingeniously taking the most adopted form of online communication—mobile social messaging—and introducing a value-reward system built on top of Bitcoin. Users familiar with Bitcoin will enjoy a convenient method to send Bitcoin to their contacts without having to type in long addresses because our system works with the users’ screen names. People new to the space will appreciate GEMS’ interface that is easy to understand and use.
In addition, advertisers will have to pay into the network while members will always maintain the power to opt out of any messaging they don’t want. With GetGems, users choose whether to receive promoted content tailored to their interests. If they do, they will earn GEMZ for each sponsored message they view. GetGems makes instant messaging with friends fun, simple, secure and profitable.

GEMS PAY FOR SOCIAL REACH

A balanced model – Advertisers spend GEMS in network.

Google and Facebook base 99% of their revenue on targeted advertising. Networks monetize users by exposing them to content. With GEMS:

• Sending content between friends is free.
• Sending unsolicited content or advertisements costs gems.

Stopping spam. Controlling ads.

• Advertisements and unsolicited messages are opt-out.
• Advertisers must trade and buy Gems in order to operate.
• Spam kept under control since unsolicited messages aren’t free.
• Advertisers pay you for the right to contact you.
• Gems revenue is recycled back into the network as future air drops.