hujanderas
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September 08, 2018, 09:43:42 AM |
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the project whose concept is very useful, combining technology into the world of buying and selling to be easier and more modern, the benefits gained are also increasing, this project is very deserving of its success, good luck.
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Maxven
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September 09, 2018, 01:47:52 AM |
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Important decisions should be decided upon or approved by the stakeholders of the economy. Balance of power is necessary to ensure democratic due process. Certain events (like addition of brands, change of business rules, addition of products) can affect the business of multiple actors in the economy. The best way to promote equity and balance across the Gemstra ecosystem is through a governance model that gives actors the power to protect their interest.
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Maxven
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September 09, 2018, 01:48:46 AM |
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Sellers and Brands would like a say over what happens at a Merchant they have chosen to participate with. A new Brand could displace or disrupt business. The addition of a competing Brand with one already existing with a Merchant could adversely affect existing Sellers - the ones building the growing the genealogy (network) of Sellers at a Merchant. Arbitrary decisions made by the Merchant without feedback from Sellers or Brands could inflict unknown damage and have unforeseen consequences. Gemstra’s governance model gives all actors the ability to influence the outcome of their social selling enterprise.
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Maxven
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September 10, 2018, 01:10:03 AM |
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Each Merchant hosts the platform that connects Sellers and Brands. The Merchant is the gateway for the actors in the Gemstra ecosystem to interact. Brands integrate with Merchants. Sellers interact with Merchants. Gemstra’s goal is to create a decentralized economy between Sellers, Brands, and Merchants and become the default protocol for the social selling industry.
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Maxven
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September 10, 2018, 01:10:49 AM |
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In-wallet staking allows actors in the Gemstra ecosystem to stake tokens with Merchants and Brands. Merchants and Brands can accept staked GMS from Sellers in lieu of fees. Merchants can accept staked GMS from Brands in lieu of fees as well. Staking minimums can be set by Merchants and Brands in the Gemstra ecosystem.
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Maxven
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September 10, 2018, 01:11:28 AM |
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Voting is generally decided by the aggregate majority of votes by staked tokens Sellers, Merchants, and Brands. Sellers stake tokens with Merchants and Brands. Merchants stake tokens with ASTRA Platform. Brands stake tokens with Merchants.
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hoanghai
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Activity: 350
Merit: 10
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September 10, 2018, 01:24:10 AM |
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the project whose concept is very useful, combining technology into the world of buying and selling to be easier and more modern, the benefits gained are also increasing, this project is very deserving of its success, good luck.
Very true, its been with years of planning and hardwork that's has brought us this far, what's more is the determination to change the narrative of social sellers forever, by Q4 of this year with the implementation of GMS as a utility token in the Gemstra platform social sellers will be librateted from what has held them back and given the opportunity and tools to earn more
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Maxven
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September 11, 2018, 01:07:39 AM |
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In the early days, a Merchant will have more GEMS staked than Sellers and Brands. Merchants may have an easy majority stake to decide on most issues. Merchant majority will likely dictate outcome in the early days since Sellers and Brands have limited voting power. As transactional volume at the Merchant grows, so will the tokens staked by Sellers and Brands.
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Maxven
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September 11, 2018, 01:08:21 AM |
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Eventually, Sellers and Brands will likely have more aggregate tokens staked than the Merchant, thus balancing voting power. Merchant volume grows when Sellers and Brands have more staked. The scale slides in favor of a democratized outcome as Merchants become more successful. Democracy is a signal that business is growing for a Merchant. Sellers and Brands will be attracted to Merchants who have greater democratic governance.
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Maxven
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September 12, 2018, 01:55:35 AM |
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Gemstra’s governance model is not limited to the items outlined above. As the Gemstra ecosystem evolves, more platform rules will be proposed for the community to vote upon. A point of consideration is potential disproportionate voting power for a large holder to game the system which could have an adverse effect on decentralized community. Gemstra is researching evolving voting to factor length of vesting time in the governance model.
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Maxven
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September 12, 2018, 01:56:21 AM |
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Gemstra will use funds predominantly to grow sales volume throughout the ecosystem over time. Marketing and business development will account for 38% of funds deployed. In the first two years, marketing activities will be focused on Seller growth for Boutiques Marketplace. In the third year, marketing activities will shift significantly to Merchant growth by inviting existing retailers to integrate with the ASTRA Platform. Software development is the second area of expenditure representing 22% of funds deployed
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T85083598
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September 12, 2018, 08:20:24 AM |
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Gemstra BOUTIQUES is the flagship market that unites brands and sellers in social sales. I wish you good luck guys !!!!!
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Maxven
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September 13, 2018, 01:57:54 AM |
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Brands earn the net retail value after commissions, toll, and fees are deducted and distributed by ASTRA. Brands can also charge Sellers a monthly flat fee at the Merchant level. Brands with greater following or more demand might charge a higher Seller fee.
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Maxven
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September 13, 2018, 01:58:37 AM |
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Sellers have multiple ways to earn from product sales: 1.) Retail Commissions 2.) Performance Bonuses 3.) Team Level Commissions 4.) Generation Bonuses 5.) Achievement Bonuses 6.) Gamification Rewards offered by Merchants and Brands Sellers in ASTRA can only earn money through sales of products. Seller commissions and bonuses are paid by Brands. Rewards paid through the Rewards System can be paid by Brands, Merchants, and ASTRA Platform
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Maxven
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September 14, 2018, 01:14:02 AM |
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Merchants mainly earn a % of qualified volume. This toll is only levied on completed sales transactions that generate a commission, not on the commission itself. Merchants can also charge monthly Seller and Brand flat fees separately. This can be dictated by the Merchant and may increase with scale, demand, and popularity of the Merchant.
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Maxven
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September 14, 2018, 01:15:37 AM |
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Boutiques is on track for $5MM USD in annualized sales revenue. Boutiques revenue is interpreted as gross income by Gemstra and has netted out commission costs and all other cost of sales (Boutiques does not have cost of goods sold because all inventories are owned by Brands) Gross income is calculated at approximately 15% of total volume - $750,000 in gross income. Boutiques collect 55% of qualified volume [defined per Brand, per category, or per product] and remits 45% back to Brand. Approximately 40% of the 55% collected is paid out to commissions, leaving 15% of gross income for Gemstra Boutiques. Sellers using Boutiques participate in the compensation plan below. The average Seller earns $200- 300 monthly in commissions.
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Suke_Teki
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September 14, 2018, 01:36:28 AM |
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Maxven I see this page is filled with your comments, on this page you have posted 15 posts. or maybe this thread is full of your posts, it will look like spam and not have a good impact on this project.
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Maxven
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September 15, 2018, 02:59:55 AM |
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Maxven I see this page is filled with your comments, on this page you have posted 15 posts. or maybe this thread is full of your posts, it will look like spam and not have a good impact on this project.
OK. I just tried to tell as much as possible and show. It is a pity that it looks like spam. only for the project tried to do everything.
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hoanghai
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September 16, 2018, 03:49:30 PM |
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Maxven I see this page is filled with your comments, on this page you have posted 15 posts. or maybe this thread is full of your posts, it will look like spam and not have a good impact on this project.
OK. I just tried to tell as much as possible and show. It is a pity that it looks like spam. only for the project tried to do everything. No, if you joined signature of Gemstra, You can reply at another topic valid. Don't need reply only this topic of Gemstra. are you understand?
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onirecon2018
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September 16, 2018, 04:27:43 PM |
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The vision is surely strong and has been proven to be successful in Asia. Use of blockchain surely adds corresponding benefits to the infrastructure. 8 brand partners is advantageous, however the team should be increased and improved.
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