Gems Social Messaging App Raises 2000 Bitcoins
Gems, a Bitcoin friendly social messaging app, has hit a major milestone in its funding - raising 2000 bitcoins from its crypto-token crowdsale. The aim of Gems is to create a social network and messaging app which rewards users for the contributions which they make to the network - whether its introducing their friends to the site or agreeing to view opt in advertising messages. Users get these rewards in the form of a Gems token distributed using the Counterparty protocol and therefore secured by the Bitcoin block chain and its many miners. Advertisers wishing to share their corporate....
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Gems, the social messaging app with a built-in Bitcoin wallet, announced today that it has raised $400,000 from venture capitalist Magma Venture Partners. Gems is a new social messenger service that includes Bitcoin wallet and rewards its users for the use of the messaging service, thanks to its own altcoin named GEMZ. Users can then transfer these GEMZ to other messaging users or withdraw them. Also read: GEMS Cryptocurrency Social network to Utilize Telegram Messaging App for Android. A non-tech-savvy approach of bitcoin. MagmaVC, who previously invested in the famous Israeli startup....
A new social messaging app is aiming to disrupt the established social media business model through the power of crypto 2.0 technology. If big social media companies make money by monetizing data, the Gem project asks, shouldn't users also profit from the service? Launching today at Inside Bitcoins Tel Aviv, Gems is seeking to uncover whether consumers can be compelled to change the way they view their relationship with social media, and in the process, embrace cryptocurrency. Though lofty in its ideals, lead developer Daniel Peled told CoinDesk that users should find the Gems social....
December 8 — Social messaging app Gems is having a token pre-sale on Koinify, and in less than one week has raised $450k worth of bitcoin. A total of 50% of the total GEMZ supply is available for pre-sale, and 42.5% of those have been sold in the first seven days of the crowdsale. GEMZ is a Counterparty issued asset or token, and funds are going to a 2-of-3 Coinbase multisig wallet. The three key holders are Gems Founder Daniel Peled, Counterparty Chief Scientist Adam Krellenstein, and Koinify Corp. In an earlier interview Gems told Bitconist,; “Gems is a Social Messenger integrated with....
Originally covered here, Gems is like any other social messenger app, except with a twist. Integrated with Gems is a wallet, that users automatically get. Also Gems is encrypted, ensuring better privacy just like using cryptocurrency for your financial transactions. A: Gems is a Social Messenger integrated with next generation bitcoin technology. Gems offers a WhatsApp style mobile experience with fully encrypted and private messaging, and a built in wallet. Our new introductory video is now live and gives an simple overview of how Gems works: http://vimeo.com/106725097 A: The gems....
GEMS, the prospective social network looking to be the "Bitcoin of social networks" announced today that they will be utilizing the open-source Telegram app for its Android platform. Upon launch, GEMS users will be able to message users using the Telegram app or users utilizing any third-party messaging apps built on Telegram. Also read: Gems Seeks to Become the Bitcoin of Social Networks. What is Telegram? Telegram is an encrypted chat offers major privacy features for those interested, such as secret chats with self-destruct options. They also allow for enormous group chats of up to 200....