Gemstra price is $0.00380611
As of the most recent data, Gemstra (GEMS) is priced at $ 0.00380611, which increased in the last 24 hours. Keep in mind that cryptocurrency prices are highly volatile and can change rapidly.
Gemstra is a blockchain-integrated ecosystem designed to democratize and liberate social selling – a modern form of direct sales and marketing. It allows for businesses and influencers in social selling to operate freely, without any undue restrictions and limitations that they might face in a traditional setting.
The creators of Gemstra are not specified in the details provided. However, typically, cryptocurrency projects like Gemstra are founded by technologists, entrepreneurs, or a group of professionals who have identified a gap in the market and seek to address it with blockchain technology.
Gemstra works by providing a decentralized platform that connects brands, influencers, and sellers directly to their audience. The platform employs smart contracts and a blockchain-based system to ensure transparency, fair compensation, and an equitable distribution of data ownership among all parties involved in a transaction.
What makes Gemstra unique is its focus on the social selling industry. The platform empowers actors in this space by reducing the traditionally high barriers to entry and providing analytic tools powered by blockchain for better business insights. Also, its token mechanism is designed to reward participants and facilitate transactions within the ecosystem.
Gemstra's core technology relies on blockchain and smart contracts, which are intended to offer advantages such as improved security, transparency, and trust among users. Additionally, the ecosystem is designed to be scalable and provide seamless integration with existing retail systems, giving it an edge in the social selling domain.
The circulating supply of Gemstra (GEMS) is currently at tokens. The total supply is known to be 2.0B tokens. Circulating supply is an important metric that can affect the price and scarcity of the tokens.
Gemstra users, particularly those involved in social selling, benefit from a level playing field, increased autonomy, and access to a broader market without the constraint of centralized systems. Users can also take advantage of Gemstra’s reward mechanisms, which incentivize engagement and sales through the GEMS tokens.
To safely store your Gemstra (GEMS) tokens, it's recommended to use a reputable crypto wallet that supports the token. This can be a software wallet for convenience or a hardware wallet for added security. It's crucial to secure your private keys and practice strong security measures to protect your assets.
Gemstra (GEMS) can be purchased on various CoinAll. Potential buyers should always verify that an exchange is reliable and provides adequate security before making a transaction.
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