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2861  Alternate cryptocurrencies / Altcoin Discussion / Re: What Would You Want In A Coin? - 2015 on: November 21, 2014, 02:36:58 PM
Simplicity and it's use making sense. Check out Gems, the common person will love it

Could you please provide some more information about it's use making sense.

The common crypto we see with fancy features won't be a gateway for 90% of users which are the common people. These Cryptos are hard to get your head around, why go far, even Bitcoin is hard to understand for the average person. I speak from personal experience, the average person doesn't really care a lot because it's pretty complicated for them to use. Gems is targeting to get these people in the Bitcoin ecosystem by making use of Crypto as easy as possible, powered by Counterparty, built on top of Bitcoin which means it uses Bitcoins block chain and so will have a solid foundation. Transferring value through social messaging makes use Crypto transactions as easy as possible, the simpler you make it the more it will catch on. When i am chatting with you i can send you Gems/Bitcoin like sending a message, that's why it makes sense and it's also something people are familiar with.

http://vimeo.com/106725097

http://www.youtube.com/watch?v=TdNc8RSyft0&t=8m20s
2862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 21, 2014, 11:47:33 AM
Do i also get Gems from the airdrop if i have stored them in koinify wallet or using the app on Macbook pro? Since i don't have an iPhone yet
2863  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 21, 2014, 11:21:21 AM
I don't like it is attached to real people and so at some point can get a visit from the FBI etc.

lol come on man, your too paranoid. It's not illegal to sign up with your e-mail lol, koinify is in Cananda i believe their authorities are more laid back than us.

I don't know for who the early bird phase is, maybe more for the business class like companies, news outlets etc. not sure though but the first 48 hours of the pre sale you get the same price as the early bird, so price wise you won't miss out.

2864  Alternate cryptocurrencies / Altcoin Discussion / Re: What Would You Want In A Coin? - 2015 on: November 20, 2014, 11:24:26 PM
Simplicity and it's use making sense. Check out Gems, the common person will love it
2865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 20, 2014, 06:31:51 PM
Do i also get Gems from the airdrop if i have stored them in koinify wallet or do i need to have an IOS device?
Airdrops do not start until the launch of the Android wallet. Otherwise, it'll be unfair to a majority of people.

Are you sure? I think they will start when the ios beta comes out, not sure about it though
2866  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 20, 2014, 05:13:52 PM
Do i also get Gems from the airdrop if i have stored them in koinify wallet or using the app on Macbook pro? Since i don't have an iPhone yet
2867  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 20, 2014, 04:44:13 PM
I'm suspicious of this early bird sale. I was logged onto site but got no invite which was planned for 18th start. But more I wonder if this is classic Dev buy secretly big into the crowdsale along with buddies.
I'm suspicious of all ICO's but I think this is a really fascinating project. Love the idea of a kind of profit sharing social media platform for the users. Thanks to cryptocurrency in general this is now possible. If this works.... pure brilliance !

All other ico, 2nd gen coins are freaking hard for the average person to use, nobody gonna use these complicated coins. The jackpot is getting the COMMON person and making use of crypto as easy as possible and thats the difference between Gems and all the others. Is very easy to use, even easier than Bitcoin, build on top of counterparty so it has Bitcoins Blockchain and solid foundation behind it's back. Using crypto in this concept actually makes sense.
2868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 10:48:16 PM
So Gems address is the same as a Bitcoin address, both start with 1

Yes, GEMS is powered by Counterparty. Every Gems user automatically gets his own wallet, protected by the passphrase chosen on registration. The social network username is an alias to the gems address, making sending & receiving gems and bitcoins between users as easy as possible. More about counterparty

So can i send Gems to a Bitcoin address and vice versa? Any update on you guys going to Insidebitcoin conference?

Yes you can.
We will be attending the conference tomorrow and the day after. anyone wanting to meet-up and talk please PM me.

Awesome guys, wish i could be there.
2869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 09:43:11 PM
So Gems address is the same as a Bitcoin address, both start with 1

Yes, GEMS is powered by Counterparty. Every Gems user automatically gets his own wallet, protected by the passphrase chosen on registration. The social network username is an alias to the gems address, making sending & receiving gems and bitcoins between users as easy as possible. More about counterparty

So can i send Gems to a Bitcoin address and vice versa? Any update on you guys going to Insidebitcoin conference?
2870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 04:49:51 PM
Whtsapp have just implemented end-to-end encryption on Android. http://blog.gsmarena.com/whatsapp-now-features-end-end-encryption-android/ Angry

See here for encryption details on Gems, i think it has more to offer than Whatsapp regarding privacy, apart from being able to have your own wallet, transferring value through it, potential advertisement model and having a value rewarded system for the users. Also i trust a pro Bitcoin app more than Whatsapp regarding security.
I know the Gems app will be leap years ahead but end-end encryption in Whtsapp just makes one point less in the marketing of GEMS. Anyways, it's not that of a big deal but it is one of the highs which made my friends excited when I told them about GEMS. Smiley

Indeed, for me apart form many new features Gems offers is that you can make transactions in a social messaging app. This makes using Gems actually make sense. Appart from that it is build on top of Bitcoin so it automatically has a strong foundation. I have learned to follow the masses and Gems chose the right side which is Bitcoin and Counterparty.

I noticed Gems and Bitcoin have both the same addresses? They start both with a 1, so you can send Gems to a Bitcoin address?
2871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 02:20:50 PM
Whtsapp have just implemented end-to-end encryption on Android. http://blog.gsmarena.com/whatsapp-now-features-end-end-encryption-android/ Angry

See here for encryption details on Gems, i think it has more to offer than Whatsapp regarding privacy, apart from being able to have your own wallet, transferring value through it, potential advertisement model and having a value rewarded system for the users. Also i trust a pro Bitcoin app more than Whatsapp regarding security.

2872  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 12:19:50 PM
The video is out of date, saying the airdrop is 25m etc.

About the coin numbers, I don't want to spark a silly discussion about this like NEM has but 200m if that is correct is a terrible figure. Your first 10billion was much better, here's why. let's say you just had 1 billion coins and say you got mildly popular, like 1m users which is conservative, still hard to achieve but not a roaring success. Well you would only have 1000 coins per user and with uneven distribution most users would have less than 1 coin so the whole bitcoin decimal place thing becomes the norm. Now that is for 1 billion, imagine only 200m! Us Bitcoin users are acclimatised to fractions but to the mainstream it's not user friendly, people would much prefer and understand if they have a few hundred or thousand Gems than .372 of a GEM.

Personally think the coin amount should be in billions at least, possibly as much as 10bn, maybe even as much as 100 billion. seriously....I think you got nudged off your original figure from one user being critical. basically I'm saying you need to plan for success, even if you don't achieve it you have to assume it will be and then people will start saying why the hell did you only have 200m coins of you wanted to become mainstream? Grin

The total amount of XGEMs is 100,000,000 (the asset is locked: http://www.blockscan.com/asset.aspx?q=xgem)
XGEM can be divided down to 8 decimal places so it isn't a problem if Gems network grows at an exponential rate.
To avoid fractions in the future the app can display mXGEMs instead of XGEMs.

So Gems address is the same as a Bitcoin address, both start with 1
2873  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 19, 2014, 11:26:14 AM
- Does one has to have an IOS device to be able to buy Gems during invite/public sale?
- I read Gems is using the Bitcoin Blockchain, does this mean i can send Gems to a Bitcoin address and vice versa?
- 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?

- You don't need to have an IOS device to be able to buy Gems during invite early bird/pre-sale. The Pre-Sale will be conducted by Koinify through Koinify's Platform at www.koinify.com. In order to achieve top buying process, buyers will receive their XGEMs tokens instantly in Koinify secured built-in platform wallet.

-The number XGEMs one receive for inviting a new person to the network isn't a fixed number. The current model of the "airdrop" gives incentive to early adopters, this is because the daily airdrop amount is fixed (~27,400 XGEMs) while the numbers of users joining the network every day will keep growing. For example:  on day one 2 users join the network = each invite will be worth 13,700 XGEMs. on day thirty 100 users join the network = each invite will be worth 274 XGEMS.


When will the airdrop start, during presale or after? And do i need to have an IOS device to receive XGEMs from the airdrop or is it also possible to receive the airdrop amounts if i have my Gems store in Koinify wallet?

Is there a way to know how many Gems have been sold, because i read that 50m will be available.
2874  Bitcoin / Bitcoin Discussion / Re: Gems - built on top of Bitcoin, can it be a Whatsapp competitor? on: November 18, 2014, 11:53:57 PM
Might just be the next big thing... ^Grin^
On another forum, one of the guys offer investment opportunities for this, so I will have a closer look at this.
Most of these, do very well, when they have goal driven and cater to the needs of the users and not themselves.

Link?
2875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 18, 2014, 02:14:22 PM
- 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?
2876  Bitcoin / Bitcoin Discussion / Re: Gems - built on top of Bitcoin, can it be a Whatsapp competitor? on: November 17, 2014, 09:32:53 PM
and things like this <Gems> will take it's place

I hope so, they will attent insidebitcoin conference in Paris, that shows they are serious about it. The concept is very promising, with the right promotion it can do big things imo

They definitly know what they want

Quote
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.
2877  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 17, 2014, 09:26:37 PM
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

This was asked during the Gems ama aswell.

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

reply
Quote
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.

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




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.

I guess time will tell, but the gems dev team are better promoters, they have also a better concept imo. Here a video interview http://www.youtube.com/watch?v=TdNc8RSyft0&t=8m20s, they also got interviewed by lets talk bitcoin and will attent insidebitcoin conference in paris, i don't know if they will speak about gems, but i haven't seen nxtty devs coming out like that? For me it's important that gems is build on top of bitcoin so it's more solid than getting build on top of nxt.

They for sure know what they want
Quote
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.
2878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 17, 2014, 09:03:40 PM
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

This was asked during the Gems ama aswell.

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

reply
Quote
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.

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 the gem devs 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

2879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 17, 2014, 03:21:53 PM
- Does one has to have an IOS device to be able to buy Gems during invite/public sale?
- I read Gems is using the Bitcoin Blockchain, does this mean i can send Gems to a Bitcoin address and vice versa?
- 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?

2880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP THAT REWARDS ITS USERS |Gems public sale| on: November 17, 2014, 11:10:40 AM

gems related questions coming
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