Gemstra (GEMS)

Gemstra connects businesses with influencers & KOLs to operate a vehicle sales through a blockchain-enabled ecosystem. Influencer commerce keeps growing quickly as social media has bought out the world by storm. Nearly $10Bn will be paid to influencers & KOLs for advertisements by 2020 – a number that keeps growing 20% year-over-year. Gemstra is developing a suite of modules on a blockchain-based infrastructure so businesses and influencers & KOLs can certainly interact. The GEMS token provides governance through staking mechanisms to advertise fairness between organizations and influencers & KOLs. The GEMS token can be the default repayment and reward token. By making it possible for businesses and influencers to interact equitably, Gemstra unlocks influencer & KOL business for the $24 Trillion global retail economy. The team is comprised of veteran consumer internet executives and technologists that have already launched a proven business under Gemstra Boutiques and of late launched an alpha of the flagship dapp module called Knowy – a first-of-kind review platform that renders reviews honest through social reputation. Gemstra’s vision are to enable people by redistributing customer profit right back to them for their social influence.