What of all what is Gemstra ?
Gemstra is a a unique platform that are focused on world retail enconomy. They propelled the primary social offering commercial center which they called "boutiques Marketplace" this is to associate retail brands to social pitching, giving vendors the flexibility to pick items and brands they need to speak to. In under 10 months, boutiques included 8 brands, 3000 dealers, and was on track to over $5 Million in annualized deals volume.
The accomplishment of BOUTIQUES roused the Gemstra Foundation to manufacture a more extensive framework arrangement that would enable retailers to partake in the social offering without upsetting their current organizations. To democratize a generally utilized model, the Gemstra Foundation built up a keen contract arrangement called ASTRA Platform as a framework answer for retailers to coordinate its current frameworks or utilize their open source programming to have its social offering business. Vendors and brands can coordinate with any number of Merchants utilizing ASTRA. The Gemstra Token (GMS) is the default trade of significant worth for installments that offers prizes, gamification, and administration for the social offering. ASTRA Platform and GMS token scaffold the $24 Trillion retail industry to the social offering, making a capriciously substantial future market. Presently they try to end up the default innovative foundation and catch half of the social offering exchanges later on.
With the use of ASTRA Platform and GMS Token, Gemstra is constructing a token economic system with its own blockchain-integrated ecosystem. Gemstra intends to unlock social promoting to all the retail market with its token system.
Gemstra also provides a technological infrastructure with the Astra Platform; it goes to retailers and brands as a way to integrate and build their social selling channel.
Providing this service would allow what in the Gemstra ecosystem are referred as “retailers” and types from the $24 trillion international retail economic system a way to affix social promoting.
With the open software supplied by Gemstra and an SDK, they will be able to combine them with the ASTRA platform, and use the GMS Token as ASTRA’s default trade of worth.
The GMS Token will be used for every payment.
What is Social Selling?
The art of using social networks as a way to locate and directly interact with prospects and customers is what we know as social selling.
If you want to find out about the first social sellers, you might have to go back to early in the 1900’s, when Brands hired independent representatives or “sellers” to walk door by door just to sell their product this method helped thanks to its one-to-one demonstrations.
but this methos have really improvied with the help of technology.
ASTRA Platform
Gemstra will work on the ASTRA platform, a technological infrastructure used by retailers and brands as a way to integrate with and build a social selling channel; it’s often seen as the solution to democratise the model to promote equity between sellers, retailers, and brands.
With the use of the ASTRA platform, it would solve captivity issues; it liberates social selling by leveraging the blockchain to store data, processing every action involved with transactions, and decentralizing its control.
with the conept of ASTRA, any retailer or even a brand will be able to participate in this unique social selling and gain benefits from all their user-friendly protocols.
With the use of ASTRA and their GMS Token, it would be the first time that someone connects retail brands and social selling, allowing sellers to represent any variety of brands and let those retail brands to grow in their respective business industry easily.
Captive companies were the ones that dominated the social selling landscape; they kept sellers’ data in their ‘hands’ locking it and storing them.
With the use of the GMS Token in the ecosystem of Gemstra and giving a framework for rewards and governance and with Ethereum’s technology, a decentralized architecture of blockchain would allow democratizing data on a public ledger and promoting both fairness and equity in the social selling model.
http://gemstra.com/
https://t.me/gemstra
https://twitter.com/gemstraofficial
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