I just bought some Gems and I really like this idea. Took me a while to get it. One question though. Why are Gems even necessary? Why not just use Bitcoin? Thanks
(Sorry I'm not signalling you out I just think now is a good time to mention some things that should be relevant to your question.)
I would say most people that look at Getgems don't understand what is so ground breaking and exciting about this app. Sure its a cool app, hopefully bring a lot of new crypto users, people can send and receive coins and buy stuff in an easy way that a 5 year old could do...thats awesome BUT its the tip of the iceberg and isn't why I am so onto this project. In one word its all about the 'Attention' model.
What it means is those who want to contact users including advertisers have to pay in GEMS (thats why we have to have a token built into the app) So forget the token/coin thing for a second and realize what this means, it not only decentralises social media and potentially even the internet if Gems moved into search say but it decentralises the money involved. Instead of Zuckerberg controlling your info and also making money from it, you own the info and you also benefit from advertisers wanting to market to you personally. Basically cuts out the middleman so a direct advertisers to people connection. This is always going to be optional, you can choose not to receive gems and therefore directed advertising. Plus the model will likely work on your own preferences say a simple checklist that you are willing to receive adverts related to this subject or these are the interests I want products/services to connect to me. Plus Getgems has something 95% of crypto doesn't have and that is potential for intrinsic demand. i.e. Advertisers or users that want to connect to certain people/products/services etc have to buy Gems to do so.
So my point is Getgems potentially monetises social but for the user. Plus the flip side is if you want to connect to certain users then you also can, I can imagine early stages some stores that accept Gems/Bitcoin will want to use the network. Imagine even a famous person etc can give a price at which they can grant access to them, like only allowing fans who pay a small amount to connect, or maybe an indie filmmaker or artist who will only allow streaming of his content if people pay to access his profile....its a little silly but there are many applications where people are sick of unsolicited information and want to control what gets to them and what they want to connect to.
*The OP has lots of info and Q&A that will explain things better.
https://docs.google.com/document/d/1a129pSWTDWKWt945Un7NyTxTKPiVq5MjGFLs8mIuZug/edit?pli=1