Can someone aware us on this Gaia and why so many, out of the woodwork, are recommending it? According to CMC, it has a mere capitalization of $10,462 and a volume of $10.
What good is it to put your money into something if you can't take it out?
http://coinmarketcap.com/currencies/gaia/Download, check and understand the wallet. If you base advancement and technology on a current market cap, than bitcoin would die first year after it was launched. Now is the time to put money in if you feel that could do well in a near future, when it's at the bottom, or you don't even understand the basic alt currency trading.
And devs are still here, developing, 95% coins die afte p&d, this one was not even pumped good if you only care about in/out trading.
Maybe this will help you understand a little more about GAIAplatform:
The GAIA concept revolves around establishing one blockchain that supports multiple parallel eCommerce platforms.
Developers can customize the GAIA platforms ( Wallets ) to serve as a standalone shop, club, website.. etc without
the need to recreate the block chain or mine coins for profit, instead the developer can make profit from fees and
services these platforms can provide.
We as developers of GAIA will provide the first Appstore/shop and later on documentation on how to recreate this
store to serve multiple purposes, music stores, game stores or any other eCommerce store using simple web technologies
without the need to know much about the block chain or how it works, the GAIA daemon and currency will serve as a
decentralized payment system for these eCommerce outlets.
In the initial appstore developers can create a custom flower shop for example and offer it for sale, a person interested can
download this custom shop and instantly open a flower shop and start his business with a built in payment system (GAIA currency)
that is also connected to an alt-currency exchange with personal API key.
This web wallet platform can be easily setup and hosted on private home computer or on the world wide web and will have default
mobile support.
Eventually we will also introduce auction format with TOR support (optional). The fact that thus far most developers have limited
virtual currency to a few over used and over hyped features, did not help the adoption of virtual currencies, we on the other hand
will try to make it possible for everyday web user to create his own custom shop that automatically accepts GAIA and auto converts
to fiat if needed. Hosting your own secure wallet online that will accept GAIA payments for merchandise or services 24/7 will help to
quickly simplify the process of using an altcoin in eCommerce.
After the ICO we will start a stage by stage release of the APPstore and test it with a large user base. When the store is fully tested, we will
release the API and documentation needed by anyone to customize the store to their own needs. This process does not involve the security
and speed of the blockchain as the customization will only involve the ecosystem that surrounds and communicates with the chain not the chain
itself. Store owners can develop their own platform with technologies widely used today like CSS3, HTML5, JAVA, JS etc.. so the possibilities
are limitless.
The core developers working on the project will also be there for support that can be directly obtained from the wallet, or to create new apps/addons
that can be used with the platform. We will provide free and paid addons in the GAIA appstore.
So in short creating a currency for every idea will eventually fade away, one currency can be adopted to apply many ideas and features without the need
for wasting valuable hash time and resources. Today there is a currency for classified ads, in GAIA that can be accomplished in an addon that does not bloat
the chain and can include everything a huge classified ads website can handle. With the auction format a platform like eBay can be created with it's own payment
system like Paypal included.
The ICO purpose is not to hoard a huge BTC fund for the devs, we plan to make our income from making custom platforms and addons, the ICO funds will
be used for long term advertising and bounties for developers who submit creative addons/extesntions. Also per our agreement with Bittrex the devs
will not premine any coins other than the ones sold in the ICO so part of the ICO funds will go towards the purchase of GAIA coins for these bounties and for
the GAIA coins the devs will hold.
As for the GAIA name, one of our devs Kro55's work with banks and financial institutions to eliminate/reduce the carbon footprint by creating paperless systems
inspired this. He is committed to mother earth by his ethics whether work related or personal. How this will influence our project I am not sure, I am sure it will
though. Some of his ideas involve creating free custom platforms for non profit organizations who are leaders in the field of green energy. I am sure also he would
be happy to hear what you think can be done as well.
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