When is the CrowdFunding going to start?
I would like to support the idea of a messenger based app that is owned by the people that use it, not making one person another billionaire.
Can I sign up at both Koinify.com and get gems.org and get two betas?
Topic: [ANN][GEMZ] GetGems - Social Messaging App That Pays - Live on Android, iOS, Web - page 265. (Read 597190 times)
October 23, 2014, 07:49:06 PM
October 23, 2014, 03:22:59 PM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
What will be the ICO price per GEM? If the price has not been set or will not be announced until launch day then I would find it interesting that the ICO launches one day after the scheduled October 28th launch of the Nxtty Cryptomessenger on Google Play. The GEMS ICO price should be announced days before the ico starts. Perhaps it was announced and I missed it. Hopefully someone can soon answer my questions. I am trying to decide if I should buy more Nxtty or buy some Gems. Right now I am loving the 5% reward provided every month simply by holding Nxttycoin.
- The final amount of Gems ever will be 100,000,000 million (like it says in the OP and website).
- The final gems/btc pre-sale price will be determined by the community in a price discovery mechanism. Exact details will be gived ahead of time. (very similar method to other crowdfunding).
- Gems pre-sale will start in November (there isn't a fixed date yet)
- Gems and Nxttycoin have completely different models regarding growing the network and potential uses, you can read some here: https://bitcointalk.org/index.php?topic=758004.msg8594258;topicseen#msg8594258
What is Nxtty economic model? 5% interest makes the supply bigger, how do they plan to make the demand bigger?
- Nxtty is an interesting project and we wish them "good luck" and much success.
The 5% interest in Nxtty will not make the supply bigger as the supply is fixed. The 5% interest started in August and only runs for 12 months. The nxttycoin used to pay the monthly 5% to the nxttycoin holders come from nxttycoin reserves from the total supply that the developers set aside for this sole purpose.
yes, I meant 100 million gems is the total supply.
I see that the website and OP says 100M (try refreshing the page)
I didn't say the 5% interest in Nxtty will make the total (fixed) supply bigger I meant the amount of Nxttycoins in the market will be bigger (without the network actually growing with users).
Enough about the Nxtty Cryptomessenger and Nxttycoin. I am definitely interested in obtaining some GEMS. I like the concept of enabling GEMS users to obtained revenue from served ads. I am not sure how far you are in the development of the app. Can you provide an approximate timeframe in which you think the app will be ready for download, including beta and/or non-beta versions? ... Within 3 months? Within 6 months?
October 23, 2014, 01:01:17 PM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
What will be the ICO price per GEM? If the price has not been set or will not be announced until launch day then I would find it interesting that the ICO launches one day after the scheduled October 28th launch of the Nxtty Cryptomessenger on Google Play. The GEMS ICO price should be announced days before the ico starts. Perhaps it was announced and I missed it. Hopefully someone can soon answer my questions. I am trying to decide if I should buy more Nxtty or buy some Gems. Right now I am loving the 5% reward provided every month simply by holding Nxttycoin.
- The final amount of Gems ever will be 100,000,000 million (like it says in the OP and website).
- The final gems/btc pre-sale price will be determined by the community in a price discovery mechanism. Exact details will be gived ahead of time. (very similar method to other crowdfunding).
- Gems pre-sale will start in November (there isn't a fixed date yet)
- Gems and Nxttycoin have completely different models regarding growing the network and potential uses, you can read some here: https://bitcointalk.org/index.php?topic=758004.msg8594258;topicseen#msg8594258
What is Nxtty economic model? 5% interest makes the supply bigger, how do they plan to make the demand bigger?
- Nxtty is an interesting project and we wish them "good luck" and much success.
The 5% interest in Nxtty will not make the supply bigger as the supply is fixed. The 5% interest started in August and only runs for 12 months. The nxttycoin used to pay the monthly 5% to the nxttycoin holders come from nxttycoin reserves from the total supply that the developers set aside for this sole purpose.
yes, I meant 100 million gems is the total supply.
I see that the website and OP says 100M (try refreshing the page)
I didn't say the 5% interest in Nxtty will make the total (fixed) supply bigger I meant the amount of Nxttycoins in the market will be bigger (without the network actually growing with users).
October 23, 2014, 11:45:15 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
What will be the ICO price per GEM? If the price has not been set or will not be announced until launch day then I would find it interesting that the ICO launches one day after the scheduled October 28th launch of the Nxtty Cryptomessenger on Google Play. The GEMS ICO price should be announced days before the ico starts. Perhaps it was announced and I missed it. Hopefully someone can soon answer my questions. I am trying to decide if I should buy more Nxtty or buy some Gems. Right now I am loving the 5% reward provided every month simply by holding Nxttycoin.
- The final amount of Gems ever will be 100,000,000 million (like it says in the OP and website).
- The final gems/btc pre-sale price will be determined by the community in a price discovery mechanism. Exact details will be gived ahead of time. (very similar method to other crowdfunding).
- Gems pre-sale will start in November (there isn't a fixed date yet)
- Gems and Nxttycoin have completely different models regarding growing the network and potential uses, you can read some here: https://bitcointalk.org/index.php?topic=758004.msg8594258;topicseen#msg8594258
What is Nxtty economic model? 5% interest makes the supply bigger, how do they plan to make the demand bigger?
- Nxtty is an interesting project and we wish them "good luck" and much success.
The 5% interest in Nxtty will not make the supply bigger as the supply is fixed. The 5% interest started in August and only runs for 12 months. The nxttycoin used to pay the monthly 5% to the nxttycoin holders come from nxttycoin reserves from the total supply that the developers set aside for this sole purpose.
October 23, 2014, 11:17:13 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
What will be the ICO price per GEM? If the price has not been set or will not be announced until launch day then I would find it interesting that the ICO launches one day after the scheduled October 28th launch of the Nxtty Cryptomessenger on Google Play. The GEMS ICO price should be announced days before the ico starts. Perhaps it was announced and I missed it. Hopefully someone can soon answer my questions. I am trying to decide if I should buy more Nxtty or buy some Gems. Right now I am loving the 5% reward provided every month simply by holding Nxttycoin.
- The final amount of Gems ever will be 100,000,000 (100M like it says in the OP and website).
- The final gems/btc pre-sale price will be determined by the community in a price discovery mechanism. Exact details will be gived ahead of time. (very similar method to other crowdfunding).
- Gems pre-sale will start in November (there isn't a fixed date yet)
- Gems and Nxttycoin have completely different models regarding growing the network and potential uses, you can read some here: https://bitcointalk.org/index.php?topic=758004.msg8594258;topicseen#msg8594258
What is Nxtty economic model? 5% interest makes the supply bigger, how do they plan to make the demand bigger?
- Nxtty is an interesting project and we wish them "good luck" and much success.
October 23, 2014, 10:54:14 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
What will be the ICO price per GEM? If the price has not been set or will not be announced until launch day then I would find it interesting that the ICO launches one day after the scheduled October 28th launch of the Nxtty Cryptomessenger on Google Play. The GEMS ICO price should be announced days before the ico starts. Perhaps it was announced and I missed it. Hopefully someone can soon answer my questions. I am trying to decide if I should buy more Nxtty or buy some Gems. Right now I am loving the 5% reward provided every month simply by holding Nxttycoin.
October 23, 2014, 04:18:06 AM
Aw, why not SWARM 
Maybe because they're not really operational yet !
October 23, 2014, 04:17:14 AM
Small article about the Koinify announcement :
http://www.cryptoarticles.com/crypto-news/gems-pre-sale-takes-place-on-koinify-in-november
http://www.cryptoarticles.com/crypto-news/gems-pre-sale-takes-place-on-koinify-in-november
October 23, 2014, 04:05:32 AM
Aw, why not SWARM
October 23, 2014, 03:28:38 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
Yes
October 23, 2014, 02:51:16 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
To invest in the initial offering of GEMS one has to sign up at koinify.com then?
October 23, 2014, 02:42:14 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?There is a bit of confusion.
Koinify is a crowdfunding platform.
Counterparty is Protocol and Client (built on Bitcoin) that Gems is built on.
October 23, 2014, 01:09:32 AM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
Not on Counterparty?
October 22, 2014, 06:23:38 PM
GEMS - Koinify - Announcement
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
We are very excited to be the first project to launch a presale on top of Koinify.
More info about Koinify here: http://www.coindesk.com/koinify-1-million-smart-corporation-crowdfunding/
Koinify will provide an ecosystem for decentralized entities to access funding and build a whole new economic infrastructure from the ground up. Koinify are raising the crypto crowd-funding standards by introducing secured via multi-sig Wallets and auditing by third party.
October 22, 2014, 06:07:18 PM
We will be answering all of the questions.
October 22, 2014, 05:36:14 PM
October 22, 2014, 04:44:19 PM
Gems will be launching with Koinify, you can see the details at: www.Koinify.com!
October 22, 2014, 02:00:21 PM
this is not an "ipo" first of all. an "ipo" happens when stock equity is offered to the public, generally after it has been offered to investors, employees and founders. before that there may be a seed round, an A round, B, C, D, F, G and H rounds or series. Warrants, preferences, etc.
I'm guessing this is sort of like a sale of services or goods with future delivery...
I'm guessing this is sort of like a sale of services or goods with future delivery...
Good point. The reason why the "IPO" term stuck back in tha day was that it was used as a go-to metaphor to make the pre-sale process intuitive. Legally, the Gems pre-sale is no more an IPO than a smile is a sunny day.
I get that stock is not being sold here. It is because this is not an ipo that I'd like to understand the structure/ownership/etc of the organisation which will manage BAU operations.
Cool...some self-appointed-lawyer types don't. As for your questions, though, I can't answer any of them. I guess we'll have to wait for peled1986 to answer. But I know him 'round here, and I consider him trustworthy. So I'm sure he'll come by and answer you.
October 21, 2014, 11:39:57 PM
this is not an "ipo" first of all. an "ipo" happens when stock equity is offered to the public, generally after it has been offered to investors, employees and founders. before that there may be a seed round, an A round, B, C, D, F, G and H rounds or series. Warrants, preferences, etc.
I'm guessing this is sort of like a sale of services or goods with future delivery...
I'm guessing this is sort of like a sale of services or goods with future delivery...
Good point. The reason why the "IPO" term stuck back in tha day was that it was used as a go-to metaphor to make the pre-sale process intuitive. Legally, the Gems pre-sale is no more an IPO than a smile is a sunny day.
I get that stock is not being sold here. It is because this is not an ipo that I'd like to understand the structure/ownership/etc of the organisation which will manage BAU operations.
October 21, 2014, 05:42:32 PM
this is not an "ipo" first of all. an "ipo" happens when stock equity is offered to the public, generally after it has been offered to investors, employees and founders. before that there may be a seed round, an A round, B, C, D, F, G and H rounds or series. Warrants, preferences, etc.
I'm guessing this is sort of like a sale of services or goods with future delivery...
I'm guessing this is sort of like a sale of services or goods with future delivery...
Good point. The reason why the "IPO" term stuck back in tha day was that it was used as a go-to metaphor to make the pre-sale process intuitive. Legally, the Gems pre-sale is no more an IPO than a smile is a sunny day.
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