Even if the only news was 27% monthly adoption I would be excited, with everything else especially PayKey I'm crazily excited. I also have questions and will wait for the question time. I hope the team focuses on the essentials now and gets PayKey out in the wild ASAP....my hunch is its gonna be huge.
I see 3 big benefits for Gemz with Paykey:
- It will make Gemz tokens global, you will be able to transact Gemz on every social media, facebook, Whatsapp, Snapchat, Instagram, Twitter, Wechat etc.
- It will be possible to advertise via the Paykey space which is straight from the keyboard on your smartphone, and they will need Gemz tokens to advertise.
-
Companies who want to use Paykey will get to know the GetGems brand which is great advertising itsself.and then companies/businesses throw in some discounts to encourage users to use the GETGEMS app + PayKey to get the discount and at the cashier, there will be a small GETGEMS/PayKey banner. Or possibly even outside at the entrance of the shop if there's a promotion going on.
this cycle of activity alone will exponentially boost awareness + adoption for BOTH companies/businesses and GETGEMS.
advertisement = more awareness = more adoption = more advertisement done = more awareness created = MORE ADOPTION = THE WORLD!!!
discount is a must. majority of discount giving services have never failed to achieve their targets. if there is any failure, it is failing to let as many people know about their discounts. i myself have troubles keeping track of so many and i really wish i knew some of them. but it's just difficult honestly speaking. even if there's a website that helps to gather all this info into one place, it is still exhausting to look through all of them. easy to keep track of one...but when you have 10-30 or different companies/businesses use different means to advertise (mail, facebook, their own website, members only, limited sale, at the shop only, etc), yea...i'm just saying im a bargain hunter
let's just take for one example. i am looking to buy a new computer mouse. and there are so many brands available. i have to manually look up for each one of them to see if there is any promotion/discount. and then, i have to look at certain shops because they are the distributors and they too can have their own discounts. no wait! PC Fair, IT conventions, they usually have better discounts. gotta check on that too. Now...how many of us does all of these? majority or minority? And then think about it - how much time is being spent using social media and further zooming in, how much time is spent on the keyboard on our smartphone? our eyes practically.
Here's the thing - first and foremost, any business/companies that uses cryptocurrencies like bitcoin, can easily offer better discounts. And then coupled that with their usual sales and promotional events = bigger discounts.
it's just logical, from a businessman point of view. and there will be competition, as usual, among companies/businesses to see who has better discounts. using cryptocurrencies allows them to save more and give more.
But that's not
the real deal with PayKeythe GETGEMS Team is basically taking this feature to the next level. instead of putting it in an app, which is GETGEMS app, why not
put it somewhere...where its everywhere and not just in an app. like the keyboard! many of us use SwiftKey keyboard app. and its practically everywhere - we use it on facebook, whatsapp, etc. because its a main aspect of the smartphone. BUT
who is to say we can't do anything more to a keyboard app? frankly though, its better known as a GETGEMS Keyboard. but its weird to call it that i guess. and it doesn't do well to promote it since its in a social media app. not a keyboard app. we can't promote a social media app to other social media apps. but we can if its a keyboard app (although essentially not an app. but its one heck of a keyboard feature!). am i right so far? i guess it makes sense at least. but i bet the GETGEMS Team have way more reasons and better explanations in regards to this, after all the brainstorming.
Also, im guessing that this PayKey feature, although it sounds very separated from GETGEMS, i believe users can only get it by downloading the GETGEMS app. it would be a bad idea to totally separate it from GETGEMS and make it into another app. This may cause people to ONLY DOWNLOAD PayKey and not GETGEMS. So i believe, how it will be done will be like this - download GETGEMS app and it will also install and replace the smartphone's standard keyboard with GETGEMS' PayKey.
Whatever the case is, we can't forget the true underlying purpose of a cryptocurrency - to use it, to spend it. with PayKey and GETGEMS, we are a few steps closer to instantly deducting fiat from our banks (or digital wallets) and changing it into a cryptocurrency on the fly and then spending it in the very next second without any change in its price (or with as little change as possible).
Hopefully when it comes to regulations and stuff, the GETGEMS Team will have all that sorted out. that's the only concern i have. But Facebook has been there for some time - being able to send money and stuff to each other as a facebook user. doesn't seem like there's any legal issues so far.
THIS IS GENTLEMEN!
