Maxven
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August 05, 2018, 03:14:13 AM |
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Gemstra’s mission is to make social selling accessible and awesome for everyone. Social selling, traditionally called “direct selling”, utilizes multi-level selling models that rewards people (called “Sellers” in the Gemstra ecosystem) for influencing sales through promoting brands to their social network. Social selling is a large and growing industry, yet it is extremely captive and mostly unavailable to the broader retail market.
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Maxven
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August 05, 2018, 03:17:38 AM |
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Gemstra is building a blockchain-integrated ecosystem (ASTRA Platform) and token economy (GMS Token) to unlock social selling to the entire retail market. ASTRA is a smart contract platform. It leverages blockchain technology to put data back in the hands of sellers and enable retailers (called “Merchants” in the Gemstra ecosystem) and brands from the $24 trillion global retail economy to join social selling.
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Maxven
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August 06, 2018, 02:10:16 AM |
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Perhaps the earliest form of social selling was the advent of direct selling in the early 1900’s, when Brands empowered independent representatives (“Sellers”) to sell their wares door to door, with a focus on one-to-one demonstrations. The model has evolved over time and exponentiated in recent years with the adoption of the Internet. Today’s Seller can market limitlessly through online sales, especially with the rise of social media.
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Maxven
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August 06, 2018, 02:15:54 AM |
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Gemstra disrupts a social selling industry worth over $180 billion worldwide ($35 billion US). More than 120 million people in world (20 million US) are involved in social selling. This number is growing between 7-10% annually and accelerating with global adoption of social media and expanding gig economy. Social selling presents the largest gig economy of the future and is likely to exceed $1 trillion worldwide in the next 10 years.
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Maxven
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August 06, 2018, 04:18:26 AM |
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The success of BOUTIQUES inspired Gemstra to build a broader solution to liberate social selling to the broader retail economy (worth over $24 trillion globally). ASTRA is a blockchain-integrated platform that serves as technological infrastructure for social selling. ASTRA’s blockchain technology allows sellers to keep customer and network data they worked hard to generate, merchants to host transactions between multiple brands and myriad sellers, and brands to offer customized commission and rewards as well as a portable catalog that can be integrated with any variety of merchants. ASTRA promotes fair behavior and creates a trustless ecosystem for all actors in the social selling model. Gemstra will make the BOUTIQUES software open source and develop a SDK for merchants and brands to easily deploy a social selling business on ASTRA.
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nmthu2209
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August 06, 2018, 06:03:14 AM |
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Solid team and understanding of the problems. I see a strong commercial viability and long term prospects of the business and project. Usage of the blockchain is strong and the addressable market is huge.
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chon0783
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August 06, 2018, 10:19:51 AM |
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Solid team and understanding of the problem on hand. I see a strong commercial viability and long term prospects of the business and project.
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Maxven
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August 07, 2018, 01:34:14 AM |
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The success of BOUTIQUES inspired Gemstra to build a broader solution to liberate social selling to the broader retail economy (worth over $24 trillion globally). ASTRA is a blockchain-integrated platform that serves as technological infrastructure for social selling. ASTRA’s blockchain technology allows sellers to keep customer and network data they worked hard to generate, merchants to host transactions between multiple brands and myriad sellers, and brands to offer customized commission and rewards as well as a portable catalog that can be integrated with any variety of merchants. ASTRA promotes fair behavior and creates a trustless ecosystem for all actors in the social selling model. Gemstra will make the BOUTIQUES software open source and develop a SDK for merchants and brands to easily deploy a social selling business on ASTRA.
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Maxven
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August 07, 2018, 01:39:46 AM |
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By tokenizing ASTRA with the GMS Token, Gemstra reduces friction in the social selling transaction. GMS is an ERC20 token that serves as the most cost-effective method of exchanging and storing value. GMS is the default method of commission payment to Sellers. GMS can be used to purchase products at any Merchant.
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Rtalk
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August 07, 2018, 06:18:33 AM |
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Can't find information on your project's bounty company ? Are you planning to launch it ??
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Audi-BMW1988
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August 07, 2018, 06:28:40 PM |
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Gemstra awesome and great project with huge potential that I haven't enough world to describe it. The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future.
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Maxven
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August 08, 2018, 01:33:47 AM |
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More importantly, GMS powers a gamification system that can be customized by brands and merchants for sellers. Gamification is the second most important form of incentive in social selling. Gamification can be based on achievement or engagement. Community and recognition are primary drivers of retention in social selling. Sellers form teams within a broader community that provides support, encouragement, and accountability
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Maxven
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August 08, 2018, 01:36:33 AM |
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Recognition within a community drives Sellers to grow or minimally maintain their achievements. GMS provides an ideal reward construct that drives gamification through community and recognition. Distributions awarded by voting and special access granted by staking are GMS features that further incentivize Sellers to grow. Finally, GMS creates a system of governance within ASTRA so its actors have decentralized control over changes made in the ecosystem.
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TentallyMooN
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August 08, 2018, 11:31:42 AM |
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The relevance and relevance of this ICO is proved by another project from the same creators - BOUTIQUES - the world's first market of social sales.
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Leo0783
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August 08, 2018, 01:04:49 PM |
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Usage of the blockchain is strong and the addressable market is huge. Good luck guys.
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bakst2
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August 08, 2018, 02:54:05 PM |
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I see a strong commercial viability and long term prospects of the business and project. Usage of the blockchain is strong and the addressable market is huge.
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Maxven
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August 09, 2018, 01:23:09 AM |
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Sellers drive sales for Merchants and Brands through direct promotion and social influence. Previously, Sellers were confined to a single merchant and risked losing their customers, teams, and incomes should they seek mobility. (eg. An Amway rep cannot take her customer and transaction data with her should she want to join another company.)
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Maxven
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August 09, 2018, 01:30:54 AM |
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For the first time, Sellers have the freedom to choose what they want to sell and who they want to sell with. Sellers can participate with any Merchant (or Brand) in the Gemstra ecosystem. All user and transaction data generated by Sellers belong to them in ASTRA. Sellers control who can or cannot access this data in the ecosystem.
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Bylocalhost
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August 09, 2018, 07:36:48 PM |
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PRE ICO Time: Starts in 52 days 4 hours ICO Time: Starts in 83 days 4 hours
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Meizu
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August 09, 2018, 07:45:23 PM |
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It is impressive that Gemstra already pays commissions to thousands of social sellers, and their number is growing monthly! The goals are ambitious, but how do you intend to increase sales growth and reach $ 100 million in annual sales by the end of 2019?
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