Analysis of the GEMS project💎
Name: GEMS.
Protocol for contracting micro-jobs through the Internet.
Analyst: Neuro
Channel https://t.me/CryptoBirds
Group https://t.me/ICOSpanish
Date: Whitelist closed. Necessary to advertise GEMS to be admitted.
Sale on January 30.
What is it ?: It is a protocol that will allow designing on it DApps (open source platforms to manage micro-jobs). They try to improve the existing alternatives in terms of interface and commissions.
Competition: Outside the blockchain: Amazon Mechanical Turk, CrowdFlower. In the blockchain: blocklancer.net
ICO data:
GEMS Token ERC-20
Total supply: 8,000,000,000
Tokens for sale: 2 000 000 000
Price: Varies during the sale
% Tokens for sale in ICO: 25%
Hardcap: Greater than or equal to 15 million USD
Fundingcap (Total number of tokens x highest price in the ICO): Greater than or equal to 60 million USD
Circulating cap: Greater than or equal to 15 million USD
Vesting: No
Bonus: 20% max, decreasing during the sale
KYC: Yes
Something else ?: In order to save costs, micropayments will be made outside the blockchain and then, grouped together, pass them to the Ethereum blockchain.
The task verifiers can earn the same as those who do the tasks, even so the efficiency of the alternatives is improved.
Those who offer work decide the rewards for both workers and verifiers.
PROS: You can participate without having a bank account, money, or access to exchanges.
Reusable open source graphical interface modules.
Protocol to improve the efficiency of workers and quality control.
The workers are better paid than in the competition.
They have advanced the GEMS Platform project (alpha), which will be the first DApp built on the GEMS protocol.
There have been 1.5 million micro tasks in the alpha version, by the community.
CONS: They do not plan to have benefits as a company (in the style of the Ethereum foundation).
The auction model and the way to treat the bonuses that have been chosen for the ICO, have angered the community.
Web and whitepaper: https://gems.org/
https://gems.org/whitepaper.pdf
Social networks:
Telegram: https://t.me/GemsOrg (55000 members)
Twitter: https://twitter.com/gems (17000 followers)
Checked out the site and the whitepaper. It looks pretty legit from a first glance. However, I always find it bothersome when the Team doesn't supply links to their social accounts. It's not a deal breaker...just concerning. Their whitepaper is extremely legit. Full of confusing technical mumbo-jumbo :)
Great post. I subscribed to you and voted for you. I hope for reciprocity!
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