Gemstra: Powering the future of social selling
Blockchain-integrated ecosystem & token economy to unlock social selling to the entire retail market
Founder / CEO
Jay is a serial entrepreneur who grew his family business, J. Good-In, as employee number five into an
international company with over 250 employees. He has launched and exited two consumer internet companies - BaubleBox and JewelScent - that reached 7-figure and 8-figure run rates respectively within months of launch.
Co-Founder / Chief Operating Officer
Kevin is a C-level executive turned entrepreneur with over 25 years of experience. Kevin worked initially for large public companies like Alcoa and Alcan, progressing from engineering to business management and operations, including C-level positions with multiple $300 million+ privately held companies.
Chief Technology Officer
David has been the Chief Technical Officer for Jay at JewelScent, and has held lead technical roles for BaubleBox and Knowy. David has led projects in a variety of programming language and database systems. He has been a blockchain enthusiast for the past few years and has continued to enjoy all things blockchain related from coding to investing.
Founder, CEO BountyHive
- Crowdsale (40%)
- Team (20%)
- Growth (30%)
- Advisors (10%)
- Marketing & business development (38%)
- Operational expenses (18%)
- Legal (5%)
- Software development (22%)
- Reserve (12%)
- Misc (5%)
Cost of the token1 token for 0.01 $
Price without discounts
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users1
First, besides Whitepaper, there are also Full Desk and Lite Desk. Team members has lots of year working in the consumer industry. Thus, there are also advisors and partners. Taking the data form the crowdsale details, 12 % of tokens are in the reserve fund. it is good that the share is little. So, token rate will not be influenced when it enters the market. Furthemore, there are also bonuses for early investors. That served as a great motivation.
Risks and disadvantages
According to the Roadmap, it looks that the project has no plans after January 2019, no steps are mentioned on the website. A significant disadvantage is the absence of the working prototype.
Overall, the project idea looks too difficult to understand without the alpha or beta version. In addition, investors can use not just only Ethereum, but also Bitcoin and other ways of payment.