The daily reward payout of GMS
paid to positive reviewers is proportional to the number of votes on their review. GMS reward
payout get split X% to the reviewer and X% to all voters of the review. As reviews age, their GMS
reward decreases with a !
" function. This prevents reviews from constantly receiving rewards
until the end of time, while still providing payouts for the value provided for a sufficiently long
period to incentivize a quality review. It also leaves room for new, up-to-date reviews to enter
ASTRA, and to constantly keep up with changing services and products.
Topic: [ANN] Gemstra - The Future of Influencer Commerce - page 4. (Read 19204 times)
Purchasers (Customers who have ordered a Product) who leave reviews that are valued by other
Customers are rewarded with GMS through a reviewing mechanism. Only those who have
purchased an item on the Gemstra platform can leave a review. Those who find a review helpful
can spend X GMS for a vote on a review they deem valuable.
Customers are rewarded with GMS through a reviewing mechanism. Only those who have
purchased an item on the Gemstra platform can leave a review. Those who find a review helpful
can spend X GMS for a vote on a review they deem valuable.
Brands and Merchants can reward Sellers and
Customers with GMS Tokens distributed directly to their wallets upon approval of UGC. Sellers
can add UGC to products through the Backoffice dapp. Customers can add UGC to products
through the Merchant interface. UGC management is per Merchant. A voting system will be
put in place for voting by Sellers on what UGC is good. Sellers, Brands, and Merchants can
spend X GMS for a vote on UGC they deem valuable.
Customers with GMS Tokens distributed directly to their wallets upon approval of UGC. Sellers
can add UGC to products through the Backoffice dapp. Customers can add UGC to products
through the Merchant interface. UGC management is per Merchant. A voting system will be
put in place for voting by Sellers on what UGC is good. Sellers, Brands, and Merchants can
spend X GMS for a vote on UGC they deem valuable.
The ASTRA platform features a User-Generated Content (UGC) service that allows Sellers and
Customers to submit UGC (images, videos, other media) to the Merchant platform. Sellers can
manage UGC in ASTRA and choose what media is used to represent products by Brands. Brands
will have the ability to review and monitor UGC submitted by Sellers and Customers (to ensure
claims or representations made are true).
Customers to submit UGC (images, videos, other media) to the Merchant platform. Sellers can
manage UGC in ASTRA and choose what media is used to represent products by Brands. Brands
will have the ability to review and monitor UGC submitted by Sellers and Customers (to ensure
claims or representations made are true).
The whole direct marketing industry I think is changing a lot with agencies being eliminated in the middle and this is think is a sweet spot and will row going forward as more people are looking to work in gig economy and work at home with flexibility along with online digital skills.
The most powerful form of accountability in social selling is community feedback. Validation and
encouragement from the community is often more important than the monetary reward. Each
Merchant hosts an independent genealogy - which is a community of Sellers. Merchants can
decide a % of transactions to be placed into a smart contract pool that is governed by the
Merchant’s community of Sellers.
encouragement from the community is often more important than the monetary reward. Each
Merchant hosts an independent genealogy - which is a community of Sellers. Merchants can
decide a % of transactions to be placed into a smart contract pool that is governed by the
Merchant’s community of Sellers.
3% of ASTRA fees are automatically sent through the 0x protocol to buy GMS on the open market.
GMS are put into a smart contract pool, which pays out 3% of the total pool to reward those who
help organize ASTRA. The Platform Rewards pool will be distributed by community voting.
GMS are put into a smart contract pool, which pays out 3% of the total pool to reward those who
help organize ASTRA. The Platform Rewards pool will be distributed by community voting.
is this project same with amazon or different ? in amazon we can choose what product or brand we want to promote and if sold we get commision
Gemstra gives more value to the sellers compared to Amazon. The Gemstra team is tired of hearing “I’m paying Google Adwords 80 cents every time someone searches for my brand.” “Corporate closed the store in my local mall and now we don’t have jobs.” . Gemstra is excited to power the largest gig economy and redistribute value back to the influencers who will grow the brands of tomorrow. Gemstra believe that the best person to market the product is someone who actually uses it, someone who has a passion for it. Too much of consumer value has been displaced to monolith search, display, and ad networks. Gemstra believe that the fragmented transaction layers in the social selling economy today are redundant, excessive, opaque, and unfair.wow great vision from gemstra team and they are thinking about humanity too , now I see why alot of people excited to see development of this project
Merchants and Brands can define custom rewards in X
GMS per type of performance achievement below:
Rank: The first type of reward is based on Rank Advancement - which is defined by the
Compensation Plan as a new level achieved at a Merchant.
Volume: The next type of reward is based on Personal Volume - which is based on sales volume
generated by a Seller within a timed interval. Similar types of rewards are based on Team or
Group Volume, which are gross volumes generated by a Seller’s network within a timed interval.
Merchants and Brands can define X GMS as rewards per performance marker.
Sponsorship: The next type of reward is based on Sponsorship - the number of new people a
Seller brings into the business.
GMS per type of performance achievement below:
Rank: The first type of reward is based on Rank Advancement - which is defined by the
Compensation Plan as a new level achieved at a Merchant.
Volume: The next type of reward is based on Personal Volume - which is based on sales volume
generated by a Seller within a timed interval. Similar types of rewards are based on Team or
Group Volume, which are gross volumes generated by a Seller’s network within a timed interval.
Merchants and Brands can define X GMS as rewards per performance marker.
Sponsorship: The next type of reward is based on Sponsorship - the number of new people a
Seller brings into the business.
The Performance Module allows Merchants and Brands to reward Sellers for reaching or
maintaining certain levels of performance within the Gemstra ecosystem. Performance can be
Merchant-specific or Brand-specific.
maintaining certain levels of performance within the Gemstra ecosystem. Performance can be
Merchant-specific or Brand-specific.
How many people have invested in this project? How much can a person invest? Can I trust you and invest in the project? I found the content of this project to be highly profitable for investors but I can not trust anyone other than me. Can I check profiles of team members?
I like the vision, because social sales have huge growth potential. Good luck to you guys !!!!!
Within ASTRA, Merchants and Brands have the ability to
reward Sellers (and Customers for certain actions) with GMS tokens that are immediately distributed
wallet-to-wallet. There are two main constructs in Rewards System: Achievement and Engagement.
The Achievement Construct is based off certain accomplishments of an Actor in the ecosystem. The Engagement Construct is based off certain actions taken within the ecosystem. Where Achievement
rewards are quantitative, Engagement rewards are event-based and can be qualitative.
reward Sellers (and Customers for certain actions) with GMS tokens that are immediately distributed
wallet-to-wallet. There are two main constructs in Rewards System: Achievement and Engagement.
The Achievement Construct is based off certain accomplishments of an Actor in the ecosystem. The Engagement Construct is based off certain actions taken within the ecosystem. Where Achievement
rewards are quantitative, Engagement rewards are event-based and can be qualitative.
GMS tokens feature a rewards system that perfectly suits social selling. Retention and continued
growth by Sellers are quintessential to success. Gamification through rewards (beyond standard
commission and compensation plans) is how traditional social selling companies have kept their sellers
engaged and constantly striving to grow.
growth by Sellers are quintessential to success. Gamification through rewards (beyond standard
commission and compensation plans) is how traditional social selling companies have kept their sellers
engaged and constantly striving to grow.
Congratulations!!
I am pleased to inform that Gemstra ICO has been shortlisted and added to our listing:
In case of any changes, feel free to revert back with the proposed changes to be made to [email protected]
Best Regards,
https://www.allcoinposts.com/icodetails?q=Gemstra
I am pleased to inform that Gemstra ICO has been shortlisted and added to our listing:
In case of any changes, feel free to revert back with the proposed changes to be made to [email protected]
Best Regards,
https://www.allcoinposts.com/icodetails?q=Gemstra
GMS token (GMS) can be used in the following ways:
● Unit of Exchange: GMS will be an atomic unit of value exchange across the entire Gemstra
ecosystem, with a resultant creation of a transactional economy between Merchants, Brands,
Sellers and Customers. The token consists of features that allow users to earn value and to spend
it on goods and services that are internal to the Gemstra ecosystem.
● Subscription: Just like paying a toll to use a freeway, the GMS token will be used as a monthly
subscription unit of value to pay-per-use for sellers and brands to use the Gemstra platform.
● Incentive: The GMS token will be used as an incentive, it will be offered to get first time adopters
to join the Gemstra ecosystem, for example when you join Gemstra as registered buyer, seller,
or brand you receive free 100 GMS token to your wallet.
● Currency: GMS will serve as a payment method and transaction engine of choice. It will enable
frictionless transactions across ASTRA. We will operate a proprietary payment processing
gateway which will be exposed via API for others services to integrate and accept GMS a unit of
exchange.
● Rewards, Earnings and Remittance: Gamification rewards and earning will be paid in GMS which
can be remitted to partner services and individuals.
● Unit of Exchange: GMS will be an atomic unit of value exchange across the entire Gemstra
ecosystem, with a resultant creation of a transactional economy between Merchants, Brands,
Sellers and Customers. The token consists of features that allow users to earn value and to spend
it on goods and services that are internal to the Gemstra ecosystem.
● Subscription: Just like paying a toll to use a freeway, the GMS token will be used as a monthly
subscription unit of value to pay-per-use for sellers and brands to use the Gemstra platform.
● Incentive: The GMS token will be used as an incentive, it will be offered to get first time adopters
to join the Gemstra ecosystem, for example when you join Gemstra as registered buyer, seller,
or brand you receive free 100 GMS token to your wallet.
● Currency: GMS will serve as a payment method and transaction engine of choice. It will enable
frictionless transactions across ASTRA. We will operate a proprietary payment processing
gateway which will be exposed via API for others services to integrate and accept GMS a unit of
exchange.
● Rewards, Earnings and Remittance: Gamification rewards and earning will be paid in GMS which
can be remitted to partner services and individuals.
GMS Tokens can be used to purchase products across all of ASTRA. 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. GMS are also paid out to Sellers (and Customers) through the Rewards System
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. GMS are also paid out to Sellers (and Customers) through the Rewards System
Your project Gemstra was listed on CryptoKrunch.io!
Follow https://cryptokrunch.io/en/ico/Gemstra to check it.
Please contact us if any ICO information is missing or incorrect.
Follow https://cryptokrunch.io/en/ico/Gemstra to check it.
Please contact us if any ICO information is missing or incorrect.
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. The primary value of GMS Token is to
offer robust rewards for actors involved in the economy. Growth and retention of Sellers is by far the
most important aspect of social selling for Merchants and Brands. Traditionally, social selling merchants
develop rewards based on some gamification of achievements, engagement, recognition, and
community to keep Sellers motivated and continuously generating business. The GMS Tokens is the
perfect vehicle in ASTRA to bring best practices in gamification from traditional social selling into
token is reduced payment and commission friction for sellers. The primary value of GMS Token is to
offer robust rewards for actors involved in the economy. Growth and retention of Sellers is by far the
most important aspect of social selling for Merchants and Brands. Traditionally, social selling merchants
develop rewards based on some gamification of achievements, engagement, recognition, and
community to keep Sellers motivated and continuously generating business. The GMS Tokens is the
perfect vehicle in ASTRA to bring best practices in gamification from traditional social selling into
The Gemstra SDK will be developed and released mid 2019 before new Merchants are onboarded to
ASTRA. The Gemstra SDK will allow existing retailers, brands, or marketplace operators to integrate
their existing or homegrown platforms with ASTRA. Our plan is to create the SDK so that Shopify can
be integrated with ASTRA. Magento and other popular ecommerce frameworks to follow. Most larger
retailers use enterprise licensed software. We will work with larger enterprise platform on a case-by-
case basis to ensure the Gemstra SDK can be integrated.
ASTRA. The Gemstra SDK will allow existing retailers, brands, or marketplace operators to integrate
their existing or homegrown platforms with ASTRA. Our plan is to create the SDK so that Shopify can
be integrated with ASTRA. Magento and other popular ecommerce frameworks to follow. Most larger
retailers use enterprise licensed software. We will work with larger enterprise platform on a case-by-
case basis to ensure the Gemstra SDK can be integrated.
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