Author

Topic: [ANN][GEMZ] GetGems - Social Messaging App That Pays - Live on Android, iOS, Web - page 242. (Read 597190 times)

legendary
Activity: 882
Merit: 1002
sr. member
Activity: 588
Merit: 254
Gems looks good on paper but so did NXTTY and that seems to of failed miserably. I expect hype followed by crash followed by sober realistic reevaluation. If this can be a niche product it's got a decent chance. The new big thing globally in social networks....not a hope in hell.
sr. member
Activity: 248
Merit: 250
GEMS is scam from china.
newbie
Activity: 34
Merit: 0
Looks cool, good luck with your launch. Roll Eyes
sr. member
Activity: 281
Merit: 250
The way i see it, is by holding gems im holding some kind of shares ( this is my own understanding for my own logic since i dont consider gems as a currency used elsewhere) , If this app goes viral like whatsapp did... if it could even be worth 5% of what whatsapp was worth when sold to facebook every single gems holders are going to be happy as hell.

If this app is ever going to catch a big company attention, this would be the best investment of my life. A risk im happy to take.
legendary
Activity: 1190
Merit: 1004

It's nice that this is using koinify.

I have heard the owner of koinify say in an interview that the funds will not be released all at once to the developers. There will be stages of fund releases. Furthermore, if the devs fail to meet milestones or can't deliver the product the remaining ICO will be refunded to investors. I like this strategy of investing.

sr. member
Activity: 448
Merit: 250
[...] It costs billions of dollars to operate/maintain whatsapp  [...]

is somebody here exxagerating?  Grin

I aggree that nobody should invest more than he can afford to loose. This is a social experiment. However, it is a social app and crypto is a social network of weired geeks and nerds. We should use this crypto alternative to whats-app. I like that and want to have my crypto whatsapp. I also see how it is designed to be used by more females which is really needed here. Nothing against you guys but.... too much testosterone in the air sometimes.
legendary
Activity: 1190
Merit: 1004
IDK. The idea is alright, a centralized chat app with a decentralized currency tied into it. I would like to see decentralized everything with ads that pay me but decentralized chat is difficult with the potential of private keys being brute forced in the future. Centralized chat fixes this problem but causes different problems.


My big issue with this project is similar to most ICO's. A bunch of nobodies sell a nothing coin to a bunch of fools at a massive marketcap. Marketcap re-corrects once people realized the devs aren't geniuses. Price crashes and nobody cares about the coin anymore. It costs billions of dollars to operate/maintain whatsapp and millions to run a small version of it. This project will never work. This isn't a company so who is going to pay all this money to run the centralized chat app?


legendary
Activity: 882
Merit: 1002
@peled1986
Continue my question, if you can not sold 50M XGEM, will you still airdrop 30M? But how to distribute?

If 50M XGEM will be sold than the airdrop will be 27,400 XGEMs every day for next 3 years.
If less than 50M XGEM will be sold than the airdrop ratio would stay the same by preforming the airdrop for more than 3 years.
legendary
Activity: 882
Merit: 1002
With 3000 BTC, you guys need 6 months to make a adndroid app?
Come on, even 3000USD you can hire a good coder.

Architecture for native Java app is ready. As soon as pre-sale is over, the raised funds will be allocated into growing the developer team in order to reach the planned milestones as fast as possible. A more accurate ETA will be given to the community during the pre-sale.

We will be updating the ROADMAP and milestones during the next 24-48 hours plus releasing a clear message on this issue.

legendary
Activity: 882
Merit: 1002
Can I get some light on the fee?
I didn't manage to find any concrete information on it.

Great insensitive to give GEMS to new user on the social network.
But as GEMS rely on counterparty, users with zero bitcoin are simply unable to move their real GEMS...
I heard the idea of giving bitcoin dust along the GEMS, will it be factual?
Which rise the question of where these bitcoin will come from.
A part of your "developer compensation", 70% of all the BTC received from the IPO? Or from dump of GEMS...?

I heard a rumor that GEMS transfer could be fee-less and totally instant.
Basically how coins move during trading on exchange center.
But in that case the security take a serious hit. Your server get hacked once and GEMS will lose most of their value.
It's equal using you as a bank / online wallet. Centralized trading exchange at best.
While behind limited to trade only between GEMS & BTC.
(thoughts: cold storage protection by yourself = withdraw amount limitation per 24h // at worst it open the door to BTC partial-reserve risk)

IPO already started and I'm unable to find which model you will use.

A third model would be to team up with counterwallet.io
Make you app a mobile GUI for using the decentralized exchange (but as in my first expressed model, it is not usable to new user with 0 BTC).

Your idea is awesome.
But the blurriness of the fee-system / security really troubles me.
And your time line. Android app (+ hair drop start) only by June is close-to-unacceptable in the lightspeed world of ciphertech.

Best of luck to your project.
But getgems.org need ASAP a FAQ or something so that everyone interested in the tech aspect can get quick answers.

Very interesting comments +1

Gems are settled offline through the Gems internal hosted wallet. This is a hybrid semi centralized database system meant for smaller balances and to allow for speed, security and zero transaction fees. Gems are able to be withdrawn to any external counterparty wallet which is processed using our secure counterparty gateway server.

we will be using a cold +hotwallet storage solution for the airdrop.
sr. member
Activity: 364
Merit: 250
Can I get some light on the fee?
[blablabla]

Very interesting comments +1

Thanks.
After 20h I never got my 1000.5 XGEM (small test of ~20$, 0.058 BTC).
So I just sent an email to [email protected], mentioning my post while I'm at it.
Hopefully we'll have the answer by tomorrow.

Sure thing:
Gems has no chance to become mainstream if new user are unable to send XGEM due to 0 BTC.
And if they were able to, I consider my fee&model question damn important.

We've gotten your email; we're working on it and will have a solution for you soon!

As for the Gems related questions, I'll let Daniel take those.
sr. member
Activity: 533
Merit: 251
@peled1986
Continue my question, if you can not sold 50M XGEM, will you still airdrop 30M? But how to distribute?
sr. member
Activity: 266
Merit: 250
Help and Love one another ♥
Can I get some light on the fee?
[blablabla]

Very interesting comments +1

Thanks.
After 20h I never got my 1000.5 XGEM (small test of ~20$, 0.058 BTC).
So I just sent an email to [email protected], mentioning my post while I'm at it.
Hopefully we'll have the answer by tomorrow.

Sure thing:
Gems has no chance to become mainstream if new user are unable to send XGEM due to 0 BTC.
And if they were able to, I consider my fee&model question damn important.
sr. member
Activity: 533
Merit: 251


why skip 75% of the market Huh

this is totally insane that android users have to wait 6 months
this is not logic that you skip 75% of the users

I am out
With 3000 BTC, you guys need 6 months to make a adndroid app?
Come on, even 3000USD you can hire a good coder.
hero member
Activity: 630
Merit: 500
Can I get some light on the fee?
I didn't manage to find any concrete information on it.

Great insensitive to give GEMS to new user on the social network.
But as GEMS rely on counterparty, users with zero bitcoin are simply unable to move their real GEMS...
I heard the idea of giving bitcoin dust along the GEMS, will it be factual?
Which rise the question of where these bitcoin will come from.
A part of your "developer compensation", 70% of all the BTC received from the IPO? Or from dump of GEMS...?

I heard a rumor that GEMS transfer could be fee-less and totally instant.
Basically how coins move during trading on exchange center.
But in that case the security take a serious hit. Your server get hacked once and GEMS will lose most of their value.
It's equal using you as a bank / online wallet. Centralized trading exchange at best.
While behind limited to trade only between GEMS & BTC.
(thoughts: cold storage protection by yourself = withdraw amount limitation per 24h // at worst it open the door to BTC partial-reserve risk)

IPO already started and I'm unable to find which model you will use.

A third model would be to team up with counterwallet.io
Make you app a mobile GUI for using the decentralized exchange (but as in my first expressed model, it is not usable to new user with 0 BTC).

Your idea is awesome.
But the blurriness of the fee-system / security really troubles me.
And your time line. Android app (+ hair drop start) only by June is close-to-unacceptable in the lightspeed world of ciphertech.

Best of luck to your project.
But getgems.org need ASAP a FAQ or something so that everyone interested in the tech aspect can get quick answers.

Very interesting comments +1
legendary
Activity: 1736
Merit: 1001


why skip 75% of the market Huh

this is totally insane that android users have to wait 6 months
this is not logic that you skip 75% of the users

I am out

It's not so cut and dried. Check out this:

http://techland.time.com/2013/04/16/ios-vs-android/

Look at the charts of which paltform's users d/l's the most apps and which spends the most money and which platform is used the most on the internet. Those two charts are much closer to 50/50 and the usage one is quite in iOS favor.

Also, you have to code to your strengths. Assuming native apps written in different languages (Objective-C or Swift vs Java) you have to chose one, and your going to chose the one your most familiar with.

hero member
Activity: 630
Merit: 500


why skip 75% of the market Huh

this is totally insane that android users have to wait 6 months
this is not logic that you skip 75% of the users

I am out
legendary
Activity: 2128
Merit: 1002
Hi Guys,

How do I contact the koinify team?

I made a payment to the koinify address and the page did not reload even after 6 confirmations.



Sorry to hear you're having problems! Please shoot us an email at [email protected] with the email your account is linked to, along with your Bitcoin address and the address you sent your funds to. Should have just been a temporary glitch. We'll get this resolved ASAP for you.



I got the XGEMs, thanks.
legendary
Activity: 882
Merit: 1002
Maybe a solution would be to release the Android-App with an even more basic-feature-set than iOS

This is what we are considering, to brake the Android milestone into two. Have a more basic Android version with text and referrals working asap.
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