Topic: [ANN][GEMZ] GetGems - Social Messaging App That Pays - Live on Android, iOS, Web - page 256. (Read 597190 times)

- Does one has to have an IOS device to be able to buy Gems during invite/public sale? Since they need to be stored somewhere
- How many Gems does one receive for inviting a new person to the Network?
- What is an airdrop share? Since you mentioned air drop share is multiplied by total gems owned.
- Will Gems be available for trading after the crowdsale ends or from the start of the crowd sale?

In the future, will it be possible to get some merchants to accept Gems as well?

^^

Well even if it was pow it would be the same, power went into the hands of botnets and large mining farms. The rest of your comment is just prejudice.

Couple signs imo this project is legit

- Devs attend meetings and conferences, soon going to insidebitcoin Paris, we haven't seen that in a loooong time
- They are not anonymous
- Working beta ready for launch where majority of other scams don't have anything ready
- The concept is solid and promising to go viral in the social messaging space and with the right promotion it can reach millions of users
- Build on top of Bitcoin through Counterparty gives it a solid foundation and reported by huge amount of crypto news outlets
- They will store the money in multi-sig wallets with BitGo, and Adam (Counterparty co-founder) releases the funds in a milestone based requirement tier. So they get paid per development.
- Stellar and all those others are just too complicated and impossible to understand for the average person where gems is everyone already familiar with

If there is any app that can get the average person into the Bitcoin ecosystem than this is it, so i don't see a reason to disappear while staying with it would reward them more anyway and i think the devs know this swell, that's why their presents in paris, you wouldn't take the time and money to fly over there to promote it if it's a scam.

Yes but imagine after the ICO, 3000 btc sold and the app after a month or so still has less than 5,000 downloads like NXTTY. Then we would see a big crash in price, I personally might buy some in the ICO but I think if you want to accumulate it will be better to save some BTC for the very likely crash. I don't know it would crash but many similar ICO's like this have.

Our plan is to complete the development milestones to get an edge. There isn't another social crypto app with these features: - the powerful message that everyone shares in the success of the network - the viral concept of being rewarded for inviting your friends - the balanced and fair advertising model (creating inherent demand and value) - built in Gems/Bitcoin wallet - username is an alias to the gems address, making sending & receiving gems and bitcoins between users as easy as sending an SMS to your friend - Be as anonymous as you desire. encrypted communications. (WhatsApp and Skype style registrations)

Gems aims to be a gateway to cryptocurrency, encrypted social messaging and the ability to transmit value via txt message. we think Gems is in a very good spot to get a foothold in one of the most sought after spaces in the crypto market.
If the community helps us and Gems app goes viral, gems and bitcoin can reach hounders thousands if not few millions of new users. Thats Big. (Just as a comparison the biggest web wallet Blockchain.info just reached 2 million wallets, probably few hounders thousands of users, there must be and will be a better way to bring crypto to the masses).
One of our main goals is to bring more females to the crytpo scene. females are the best adopters of social networks (facebook, whatsapp, instagram, pinterest etc), dedicated crypto wallet isn't enough to keep them interested but integration with a social network can open up many interesting possibilities.

As the network grows and new features are added, some of those will require payment to sustain. Gems will always exist as a payment option for any value added features available in the app. Additionally, as new p2p reward models are created, new opt-in features will become available enabling sharing economy type activities, crowdfunding, and more. Since this is the first time the users will control the core value of the social network it is too early to predict what new novel ideas will come into existence.
We know there will be many complications and hurdles but our heart is in the right place and with the help of the crypto community to grow the network, Gems will be an important step for mainstream adoption.

This was asked during the Gems ama aswell.


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The Gems concept is very promising, so it's all promotion and network effect. Gems has been doing pretty good with promoting, they make video interviews, attend meetings, pretty much all crypto news outlets have reported on Gems including Coindesk which is for me very important the Crypto i invest in if the devs are ambitious, that's why i asked if they will attend meetings etc. which is important for a serious project. The team will also attent insidebitcoin conference in Paris which we haven't seen since a long time where devs really go public and know what they aim for.

It seems Gems is pretty well received by the Bitcoin community since it's build on top of it so it, but agqain it come down to promotion and users. It starts with the devs which they are doing better than nxtty, i have the idea that they have pretty solid connections.

Usually ipo who decline in price like blocknet and other, devs don't have anything ready on launch. Gems has the IOS beta ready at launch so they are delivering a working beta. I don't know to wait for after the crowdsale or buy at it but the early buyers get more Gems

I'm concerned that NXTTY hasn't managed to get more than 1,000-5,000 downloads on google play. Yes GEMS has a better chance and a good way to attract downloaders but still less than 5,000 after a few weeks isn't a good sign. I'm worried that if I stick a lot of BTC into this coin it might be quite a big drop in price if it doesn't do much better than NXTTY.


Is it better to wait for the likely drop in price after the ICO? Seems this is the norm on these massive ICO's.


https://play.google.com/store/apps/details?id=com.nxtty.main&hl=en

What's the advantage of buying at the pre sale as opposed to waiting for Gems to be available on exchanges?

AIRDROP: Daily airdrop of gems - Every day, ~27,400 gems are air dropped from the Exodus Address. The ecosystem automatically distributes these gems between users according to their relative network contribution. Contribution is measured by the number of active daily users which were introduced by you to the network so far.

The contribution score for a user is calculated according to two complementary factors: (1) The total number of new, active users that the user invited during the time period. This calculation is directly related to the active-user counts (total of active users per original inviter). (2) The total number of gems that the user currently holds in his account. This means that users with large amount of gems will be rewarded more generously than users without gems.

PRESALE PERKS: Since daily airdrop rewards users who introduce other users, who is rewarded for those who come without a special invitation? Uninvited users will be attributed to random Presale buyers (this is a MAJOR bonus in our opinion). In addition, air drop share is multiplied by total gems owned. The more gems you own, the more gems you make - an advantage to those who accumulate gems first.

Counterparty AMA today 11 am eastern: https://twitter.com/CounterpartyXCP/status/534020654237253632

added to the OP. thanks.

nice would be good to highlight it in the OP
There is also this rj parker guy from coin proz talking about Gems which is pretty good http://www.youtube.com/watch?v=54RROzWFRv4