ICO Review: Gem4me – A Global, Borderless, Smart Trading Space

Gem4me Market Space, source: ico.marketspace.io
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The blockchain technology has made many companies carry out a digital transformation to grow and, in many cases, redesign their business model to offer new and better services to their customers. This is certainly the case for Gem4me, a platform with three years of experience operating as an instant messenger, available on both iOS and Android and with more than 5 million users in 50 countries.

Gem4me messenger now has a project called Gem4me Market Space (Gem4me Investments Plc, Malta) developing a global and decentralized trading platform that aims to be the first mobile trading platform, convenient for small business and ‘solopreneurs’ to make the trade of goods and services across borders easier using cryptocurrencies. This platform will use cutting-edge technologies like chatbots, blockchain protocols, smart fintech tools and artificial intelligence (AI) to add value and a new kind of service to merchants and consumers.

Gem4me available on iOS and Android OS, source: ico.marketspace.io

Main features

  • The platform is already developed as a messenger but will evolve into a marketplace while maintaining the current functions of instant messaging
  • Create and run a store of any size to offer goods and services with a built-in chat.
  • Integrates crypto-finances services to shop, trade and build businesses easily and across borders
  • A Smart Wallet for crypto and fiat currencies, which will help users to pay and transact quickly, safely and easily
  • Smart Chatbots to automate operations and simplify shopping for consumers and retailers
  • The creation of fast-to-scale effective ad campaigns, minimizing the resources required for campaigns
  • All payment transactions are carried out via and stored in the blockchain, ensuring transparency and proof-of-payment
  • The Gem4me token will allow users to buy products and to pay for special merchant/customer privileges inside their marketplace

Novelties

  • Holding and using their tokens affords users discounts on various services on their marketplace
Gem4me Market Space features, source: ico.marketspace.io

Token Information

  • Utility token name = Gemme
  • Acronym = GMC
  • Platform = Ethereum ERC20
  • Max. number of tokens = 12,876,500,000
  • Cryptocurrencies accepted = BTC, ETH, DASH, BCC, LTC, XRP, XMR
  • FIAT accepted = USD
  • Soft cap = $3,000,000

Token distribution

  • Token sale = 7,000,000,000 – 54%
  • Bonus = 2,100,000,000 – 16% 
  • Team = 1,365,000,000 – 11%
  • Partners & advisors = 910,000,000 – 7%
  • Reserve = 910,000,000 – 7%
  • Bounty program = 591,500,000 – 5%
Gemme token distribution, source: Gem4me Market Space features, source: ico.marketspace.io

Funds usage

  • Marketing = 80%
  • Research and Development = 10%
  • Community = 10%

NOTE: percentages can vary +/- 5% depending on the number of tokens sold.

Gemme funds usage, source: ico.marketspace.io

Pre-ICO

  • Starts = July 1st 2018
  • Ends = August 14th 2018
  • Token price = $0.01
  • Bonus = 10% to 25% (the percentage depends on the purchased quantity)
  • Min. buy = 10,000 GMC

ICO

  • Starts = August 15th 2018
  • Close = September 20th 2018
  • Token price = $0.01
  • Bonus = 1% to 10% (the percentage depends on the purchase date)
  • Min. buy = 100 GMC

NOTE: All unsold and undistributed tokens will be destroyed.

The leading team

Competitors

Social media presence

Additional information

Conclusions

The Gem4me Market Space Ecosystem is a decentralized blockchain protocol that businesses of all sizes can use to reach their potential customers more efficiently, internationally and with little friction, letting customer audiences of all kinds and sizes choose reliable products and vendors. This platform has taken the opportunity to be a part of the ongoing 2018 crypto revolution that removes financial barriers to give vendors a global market access while buyers get new goods and services in a world trade market.

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