Topic: [ANN][GEMZ] GetGems - Social Messaging App That Pays - Live on Android, iOS, Web - page 260. (Read 597190 times)
November 10, 2014, 01:05:17 PM
I think the BTC devs have changed their opinion on that since. iirc
November 10, 2014, 12:32:38 PM
I have heard you say this (quote below) a couple of times, it concerns me that you are suggesting that the coins are not meant as an actual currency but only an in app advertising token. I'm guessing this is to tread carefully in regulatory environment but people should know they might never be able to use these coins outside the app to actually buy something basically?
If so you should be clear this is a closed system ultimately. Its not going to be attractive to users if they are told they can't actually buy anything at all with the gems. Therefore the main motivation to use this particular app disappears. And can't imagine teenage girls trading the coins for Bitcoin on exchanges and then using BTC anytime soon.
"Gems are a product designed to be used to advertise on the Gems network. Until we have finished building the application and the advertising functionality Gems are still inherently tradable between users since this is a core functionality of the blockchain technology. The only reason you should be purchasing Gems is to use as an advertising credit in the future or in order to support the Gems application development."
The problem is the value of Gems is not based on the use as a currency but only as an advertisement payment. So even if you were get to have a few million users its not like Bitcoin where they are currency holders but the value is based on what advertisers will pay to connect to those million users. Which is a lot lot lot less than people think. Imagine a popular blog gets a million viewers, doesn't mean an advertisers ie Google ads will bring much revenue for the blog, some but its not much. Plus chat apps are not the best place for advertising anyway.
If so you should be clear this is a closed system ultimately. Its not going to be attractive to users if they are told they can't actually buy anything at all with the gems. Therefore the main motivation to use this particular app disappears. And can't imagine teenage girls trading the coins for Bitcoin on exchanges and then using BTC anytime soon.
"Gems are a product designed to be used to advertise on the Gems network. Until we have finished building the application and the advertising functionality Gems are still inherently tradable between users since this is a core functionality of the blockchain technology. The only reason you should be purchasing Gems is to use as an advertising credit in the future or in order to support the Gems application development."
The problem is the value of Gems is not based on the use as a currency but only as an advertisement payment. So even if you were get to have a few million users its not like Bitcoin where they are currency holders but the value is based on what advertisers will pay to connect to those million users. Which is a lot lot lot less than people think. Imagine a popular blog gets a million viewers, doesn't mean an advertisers ie Google ads will bring much revenue for the blog, some but its not much. Plus chat apps are not the best place for advertising anyway.
November 10, 2014, 12:24:40 PM
Just for the record, it's not just "one" developer (you are probably referring to Luke-Jr) who is against "blockchain spam", it's actually quite a few of them and there are even proposals which could further restrict and censor what is considered a valid transaction. While it is arguable if you can completely ban encoding entirely, it can certainly be made more and more expensive to the point of being a problem. I have heard proposals which would make it very unattractive. Dont rule it out, bitcoin core development is very conscious about this area if you follow development, and IRC you'll see this discussed over and over again.
Look at this latest PR https://github.com/bitcoin/bitcoin/pull/5247 which affects embedded consensus system like Counterparty. This means CP will have to code around it, yet again because the new Bitcoin Core 0.10 is going to block counterparty transactions. It wont affect immediately because of course there are enough 0.9/0.8 nodes for the time being but it's just another example of the hammer coming down. Viacoin doesnt suffer from this problem because while we will merge this change, we use OP_RETURN 120 bytes, so it's irrelevant.
Look at this latest PR https://github.com/bitcoin/bitcoin/pull/5247 which affects embedded consensus system like Counterparty. This means CP will have to code around it, yet again because the new Bitcoin Core 0.10 is going to block counterparty transactions. It wont affect immediately because of course there are enough 0.9/0.8 nodes for the time being but it's just another example of the hammer coming down. Viacoin doesnt suffer from this problem because while we will merge this change, we use OP_RETURN 120 bytes, so it's irrelevant.
November 10, 2014, 10:16:15 AM
the price is too expensive.
November 10, 2014, 09:07:47 AM
Don't know if the ama is clos4ed or not but there were a couple questions asked which i will repeat here
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
We are monitoring all the social networks (Reddit, twitter, facebook and bitcointalk of course for community feedback and questions).
- yes, Gems tokens will be tradable on Melotic and BTER exchanges post pre-sale.
- The price of Gems in the public pre-sale is initially set to a discounted price of 15000 gems per btc, and will stay this way for 7 days before declining every 5 days to a final rate of 10,000 gems per btc.
- iOS and Android are our top priority. (they hold ~93.9% of the market share: http://www.cnet.com/news/android-loses-some-us-market-share-but-remains-top-dog/). SNAP might be an interesting solution.
Thanks, is Melotic and exchange website or something else?
Also is gems main wallet going to be just in the app itself or will there be a desktop app available?
-Melotic is a Pure Digital Asset Exchange: https://www.melotic.com/
-Every Gems user automatically gets his own in-app wallet, protected by the passphrase chosen on registration. The same passphrase works also for counterparty web wallet (https://counterwallet.io/).
November 10, 2014, 08:36:12 AM
Don't know if the ama is clos4ed or not but there were a couple questions asked which i will repeat here
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
We are monitoring all the social networks (Reddit, twitter, facebook and bitcointalk of course for community feedback and questions).
- yes, Gems tokens will be tradable on Melotic and BTER exchanges post pre-sale.
- The price of Gems in the public pre-sale is initially set to a discounted price of 15000 gems per btc, and will stay this way for 7 days before declining every 5 days to a final rate of 10,000 gems per btc.
- iOS and Android are our top priority. (they hold ~93.9% of the market share: http://www.cnet.com/news/android-loses-some-us-market-share-but-remains-top-dog/). SNAP might be an interesting solution.
Thanks, is Melotic and exchange website or something else?
Also is gems main wallet going to be just in the app itself or will there be a desktop app available?
November 10, 2014, 08:30:13 AM
Don't know if the ama is clos4ed or not but there were a couple questions asked which i will repeat here
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
We are monitoring all the social networks (Reddit, twitter, facebook and bitcointalk of course for community feedback and questions).
- yes, Gems tokens will be tradable on Melotic and BTER exchanges post pre-sale.
- The price of Gems in the public pre-sale is initially set to a discounted price of 15000 gems per btc, and will stay this way for 7 days before declining every 5 days to a final rate of 10,000 gems per btc.
- iOS and Android are our top priority. (they hold ~93.9% of the market share: http://www.cnet.com/news/android-loses-some-us-market-share-but-remains-top-dog/). SNAP might be an interesting solution.
November 10, 2014, 08:12:59 AM
Don't know if the ama is clos4ed or not but there were a couple questions asked which i will repeat here
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
- Will gems be tradable on exchanges?
- Is the main wallet the app wallet or does it also have a desktop wallet?
- You said first day 15k gems and last day 10k gems for buyers, does the amount gets lower daily from the first day or does 15k gems stay for a period?
- And since an Android wallet is coming up i guess it's possible for Blackberry users to use it aswell since with Blackberry you can side load Android apps with a SNAP. I will try it out with my Blackberry.
November 10, 2014, 07:41:45 AM
LIVE AMA w/ Gems + Koinify!
http://www.reddit.com/r/IAmA/comments/2ltas9/we_are_gems_koinify_were_launching_gems_crowd/
http://www.reddit.com/r/IAmA/comments/2ltas9/we_are_gems_koinify_were_launching_gems_crowd/
Thank you to everyone who participated and asked questions during the AMA!
November 10, 2014, 07:40:48 AM
Is there a beta version of the app available? Will it be made available before the pre-sale?
We aim to release the iOS beta App November 30th. Some of the users that signed up for Gems updates will receive an early invite to the beta.
Alpha version iOS App will support instant messaging, push notifications, new user registration and login, contact directory and display the GEMS wallet. Release server backend which supports both the cloud instant messaging and counterparty integration.
November 10, 2014, 12:42:15 AM
Is there a beta version of the app available? Will it be made available before the pre-sale?
November 09, 2014, 08:11:19 PM
LIVE AMA w/ Gems + Koinify!
http://www.reddit.com/r/IAmA/comments/2ltas9/we_are_gems_koinify_were_launching_gems_crowd/
http://www.reddit.com/r/IAmA/comments/2ltas9/we_are_gems_koinify_were_launching_gems_crowd/
November 09, 2014, 04:04:25 PM
GEMS is a free mobile app available for iOS and Android
when ..
?? 
when ..
?? November 09, 2014, 07:16:01 AM
Any updates on pre sale? Also i think promotion is very important
GEMS - Koinify - Announcement
Today at 5:00PM PST, we will be doing a joint AMA with Koinify to answer any questions about Gems or the token crowdfunding.
November 09, 2014, 06:42:54 AM
|GEMS Registration Process|
. Any news on the sale yet?+1 waiting for pre sale news
Do you guys have any plants to talk about gems in public, conference etc.? It's worth it
November 08, 2014, 10:56:48 PM
|GEMS Registration Process|
. Any news on the sale yet? November 08, 2014, 05:45:38 PM
$0.01 or $0.02 a Gem sounds reasonable to me for presale.
must be less than $0.01!if $0.02 ,it's total vaules will be $2,000,000 the first app coin nxtty total values is only $2,000,000.nxtty like bitecoin ,gems like litecoin,do you think litecoin's values can up bitecoin?
455ss you're a troll. If you don't like this coin get lost and stop spamming this thread with your childish nonsense. BTW get some english lessons or go for walk
November 07, 2014, 06:23:57 AM
Any updates on pre sale? Also i think promotion is very important
November 07, 2014, 05:39:38 AM
Nxtty 's total values is 6,786btc, Gems's tolal values should not more than it by presale.beacause gems is presale,nxtty is saling.
so,1 gems's values should less than 0.00001 btc,these we can earn money Instead of work for gems's team.
so,1 gems's values should less than 0.00001 btc,these we can earn money Instead of work for gems's team.
There are a total of 100M gems. We are selling 50% of the total amount of gems during the pre-sale. The community will decide how many btc these gems are worth and what's the initial Gems marketcap (just like with ethereum, bitshares, counterparty, qora etc).
The difference with Gems pre-sale compared to the examples above is that we are capping the pre-sale at 3200 btc.
We are biased but we think Gems has many advantages over Nxtty
(Short comparison here: https://bitcointalk.org/index.php?topic=758004.msg8594258;topicseen#msg8594258)
November 07, 2014, 02:36:15 AM
Is IPO date finalized?
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