Gemstra

GEMSTRA 
Powering The Future Of Social Selling  


The Astra Platform is a technological infrastructure for retailers and brands to integrate with and build a social selling channel. Our solution democratizes the model to promote equity between sellers, retailers, and brands.

Gemstra’s mission is to make social selling accessible and awesome for everyone. Social selling, traditionally called “direct selling”, utilizes multi-level selling models that rewards people (called “Sellers” in the Gemstra ecosystem) for influencing sales through promoting brands to their social network. Gemstra provides open source software and an SDK for Merchants to integrate with ASTRA. The GMS Token will reduce friction as ASTRA’s default exchange of value, power gamification and reward models native to social selling, and provide governance to democratize the ecosystem.

Gemstra is building a blockchain-integrated ecosystem (ASTRA Platform) and token economy (GMS Token) to unlock social selling to the entire retail market. ASTRA is a smart contract platform. It leverages blockchain technology to put data back in the hands of sellers and enable retailers (called “Merchants” in the Gemstra ecosystem) and brands from the $24 trillion global retail economy to join social selling. ASTRA Platform and the GMS Token are exactly what the stakeholders of social selling need - the de facto infrastructure and reward economy for an unpredictably large market.

GEMSTRA MODEL





ASTRA Platform

ASTRA is a smart contract platform built on the Ethereum ERC20 framework. ASTRA creates an open ecosystem for social selling where the actors (see below) can define how to interact with one another through customizable commission, gamification, and recognition models. The classic direct selling model involved just two operators: Seller and Brand.

ASTRA provides an infrastructure for Brands and Merchants to customize their social selling business. Brands and Merchants can customize the logical layer and design their business in the following ways:

Compensation Logic (for multi-level compensation models)
Gamification Logic (for customer or seller activation, engagement) Recognition Logic (for community engagement, achievements) Action Endpoints
Multiple Genealogies

ASTRA ARCHITECTURE



TOKEN SALE


General Info

PlatformEthereum ERC-20
Token Supply: 16,000,000,000
Allocation for Sale:  6,400,000,000
GMS Token Price: $0.01 USD

Founders’ Pool: 20%
Advisors’ Pool: 10% (Advisors / Partners / Bounty)
Growth Pool: 30% (Distributions / Commission / Rewards)
Sale Pool: 40% (Private, Presale, Public Tokensale)



ROADMAP


July 2008
Early Idea : Envisioned ecommerce / marketplace disruption of direct selling industry

2010
First Attempt : Launch horizontal portfolio of ecommerce brands

2013
Second Attempt : Launch omni-channel single brand called JewelScent

May 2015
Pivot:  Start building the Gemstra Backoffice platform

April 2016
Continued:  Begin building Gemstra Boutiques

May 2017
Alpha: Gemstra Boutiques - centralized Merchant with decentralized Sellers and Brands

June 2017
Expand Vision: Gemstra Token - economy to truly decentralize social selling economy

July 2017
Beta: Gemstra Boutiques August 2017 Add 7 Brands to Gemstra Boutiques

September 2017
Proof of Concept: Smart contract economy to transact retail sales between Seller > Merchant > Brand on ERC20

October 2017
Proof of Concept : Customizable multi-level economics

February 2018
Fundraising Preparation / SEC Guidelines

April 2018
Private Investor Round

May 2018
Engage PR firm and commence community building

June 2018
Established Broker - Dealer engagement with Entoro for STO offering

June 2018
Finalize legal for private Token Subscription Agreement and ICO

July 2018
Pre ICO

September 2018
Entoro STO Sale

October 2018
Add GMS Token support at checkout layer + Seller GMS withdrawal for commissions

November 2018
Public ICO

December 2018
End ICO

November 2018 
Investor Wallets have been distributed.

December 2018
Deploy user/profile smart contracts

January 2019
Business Development Sprint I : Add/Sponsor 20 Brands

February 2019
Open source checkout service

March 2019
Deploy Brand smart contracts

March 2019
Brand Onboarding : Gemstra Boutiques

June 2019
Business Development Spring II :Add 1-5 Merchants / Brands

July 2019
Merchant Onboarding : Brands can existing on separate Merchants

2020
Annual Goal :1000 Brands / 100 Merchants International Growth : China, Korea, Taiwan, Japan, EU

2021
Two-Year Goal : 20,000 Brands / 1,000 Merchants International Growth : Russia, Brazil, India, Canada, Australia

2023
Five-Year Goal :100,000 Brands / 5,000 Merchants

2028 
Deployed Worldwide


TEAM


CEO
Jay Cheng, Chief Executive
CRO
Joseph Lau, Chief Revenue
COO
Kevin Gambill, Chief Operations
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.



Joseph has worked with Jay for over 12 years. He led sales and business development at J. Good-In. He led growth at JewelScent’s launch, driving revenue to $1 million monthly within six months. Joseph co-founded Gemstra with Jay in ‘15.






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. He has spent the last 15+ years managing a portfolio of companies he invested in, consulted with, or operated.

CFO
Janelle Mitchell, Chief Finance

CTO
David Odere, Chief Technology
Janelle has held financial leadership roles at The Los Angeles Times, Wired, and Cooking.com - a company acquired by Target in ‘12. She is a consultant to the Financial Advisory Group, and has worked with Jay since JewelScent.





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.



ADVISOR


James Kuo
President Epox International

Ivan Ramirez
Serial Entrepreneur

Connie Tang
President & CEO Princess House
Paul Sri
Blockchain Advisor

Steve Raack
Ex C.O.O. Of BeautyCounter
Ted Hong
Chief Marketing
Officer
William Hsu
Co-Founder,
Mucker Capital
Tudor Stomff
BountyHive CEO




More Information

Website : https://gemstra.com/
Whitepaper : https://docsend.com/view/xvyqq7a
Facebook : https://facebook.com/gemstraofficial
Twitter : https://twitter.com/gemstraofficial
Reddit: https://www.reddit.com/r/Gemstra/
Telegram : https://t.me/gemstra










Author
BitcoinTalk Username:adterna
BitcoinTalk Profile:https://bitcointalk.org/index.php?action=profile;u=1200759;sa=summary
Email :srialyamaulana@gmail.com
Eth Address:0x522A57A9267b6A54ddE2f9a89863304CD0391827
BountyHive Username:adterna






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