One of the most interesting projects of Q4 2014 will be the Gems social messaging application. For those of you who have not yet heard of Gems, this social messaging platform will bring revenue back to the people using it, making Gems the very first Social Currency Network.
There will be a Public Sell in order to initially distribute the supply of 100,000,000 GEMS, which will take place at Koinify. The Gems pre-sale will be the very first of its kind to be hosted by Koinify, making this a very unique event.
Some of you may be wondering why Koinify was chosen over other, more “traditional” platforms such as the Bittrex exchange. Koinify is not just an exchange, but a platform providing an ecosystem for decentralized entities.
This ecosystem will allow users to access funding and build a whole new economic infrastructure from the ground up. Furthermore, Koinify does allow for crowdfunding through cryptocurrency, and they do so by using multi-signature wallets and third party auditing.
Keep in mind that this has nothing to do with Counterparty, as Counterparty is a protocol and client built on Bitcoin. In turn, Gems is built on top of Counterparty. Some people assumed the pre-sale would also be held through Counterparty, but that is not the case.
Official announcement :
Website : http://getgems.org