Review: GetGems iOS App Glitters But It's Still Seeking Gold
Name of product: GetGems. What it is: Mobile messaging app with built-in, bitcoin-based incentivization token. Made by: GetGems. Who's behind it: Israeli developer Daniel Peled, with $400,000 in strategic investment from Magma VC and $780,000 raised in its initial crowdsale. Cost: Free to download. Date launched: 29th April 2015. Basic summary: GetGems is a decentralized social messaging app built on open-source software provided by popular encrypted messenger Telegram. The app allows users to send and receive both bitcoin (BTC) and its native digital token, GEMZ. Billed as "the first....
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Magma VC has invested $400,000 in decentralised social messaging startup GetGems (formerly Gems). The funding marks the first VC investment for the widely anticipated crypto 2.0 project, which seeks to incentivise social messaging users through the use of GEMZ, a native token issued on Counterparty that allows users to profit from the platform's growth. The news comes amid GetGems' ongoing crowdsale, the first hosted by IDG-backed decentralised application development platform Koinify. Since its 1st December launch, GetGems has raised $600,000 through the sale, bringing its total funding....
Welcome back to another Bitcoin News in Review, where we feature some of our biggest stories of the week on CCN. This week, we discovered that several gold companies have shown an interest in Bitcoin, that the Mt. Gox saga still isn't over, that Andreas Antonopoulos has left the Bitcoin Foundation, and more. Check out this week's Bitcoin News in Review after the break. Gold Companies are Unsurprisingly Interested in Bitcoin. Is bitcoin the new gold? Bitcoin and gold share many similarities. They are both inherently limited, have to be "mined", are deflationary, and can act as a store of....
GetGems has rolled out the punches this week with its latest developments. First introducing Julia the Telegram Bitcoin Bot. Following meeting Julia, the company threw out yet another progressive platform from its team: Group payments, a new feature that allows GetGems users to share Bitcoin or Gems to a group of chat users. The newest build for Android....
GetGems (previously known simply as Gems), a messenger app with Bitcoin integration and its own crypto-token, has added $400,000 USD to the money it already raised in its crowdsale, after striking a deal with venture capital firm Magma VC. The additional finance will bring the total funding raised by Israeli firm 'Decentralized Mobile Applications Ltd', after a successful crowdsale brought in $600,000 USD from the sale of Gemz, a crypto-token issued on the Bitcoin block chain via the Counterparty protocol. The Gemz token will be the sole method of payment for opt-in advertising through the....
Bitcoin’s underlying blockchain technology is a cause of many amazing technological breakthroughs, most of which we have yet to discover. But while the search for the “next big thing” is underway, several companies have tried their hand at combining Bitcoin and social messaging. However, most of these platforms are built on top of pre-existing platforms.....