Unless cryptocurrencies allow users to buy bread, food, groceries or enjoy an amenity, only then will be the time the whole world could see its importance and relevance as another type of currency that the world can fully make use of.
While many projects have already started bridging the said gap by slowly integrating cryptocurrencies in the physical world and made it act just like a fiat currency, only a little know about the existence of a project that backs cryptocurrencies with special gems and stones. And that is what Gemera is all about.
About Gemera
Gemera is a crypto-token backed by Colombian emeralds that provides stored in security defaults of safe deposit box companies. The project offers an innovative and modern investment opportunity, more profitable, accessible, democratic and transparent, by connecting producers and investors through the advantages of being granted by the blockchain technology, producing in that manner win-win benefits for these two actors.
The project will also develop a blockchain-based marketplace platform to store the information of the emeralds that back the GEMERA tokens in a decentralized way.
As Gemera works hand in hand with emerald producers, it is also part of its politics to partner only with companies with good environmental practices in the extraction of gemstones and with corporate social responsibility standards that seek for the integrity of their workers and the communities nearby, helping them and other stakeholders to improve their quality of life and to open their path towards sustainable development. The project uses part of the project funds to achieve this purpose.
Problem and Solution
- Problem
The main problem arises due to the long process that emerald goes through the value chain, from its discovery in Colombian mines to the final customer. This generates many problems for both the investors and the producers.
The partial and small investments are not possible where investors end up investing in high prices without any knowledge of emeralds production. There is lack of trust in the emeralds origin where investing in emeralds can be complicated and risky. Investors are lacking in the knowledge of emeralds characteristics and the value of it in the market.
Emeralds producers are also getting problems where they are receiving less than 35% of the final customer retail price because of many intermediaries. They find difficulty to expand in new market.
- Solution
The solution where Gemera is come up with their project by connecting emerald industry with the blockchain technology. They are offering an investment opportunity which at the same time solving the problems in the Colombian emerald’s value chain. They are simply eliminating the intermediaries in the Colombian emerald’s production process through blockchain technology. By holding Gemera tokens, investors can hold the value of emeralds which is directly come from Colombian emerald producers and are stored in secure vaults.
On the other side, the information about the characteristics, certification, pictures and video of the emeralds is being uploaded on Gemera’s marketplace which includes audit results and safe deposit box company location where they are stored. This is all being done in the blockchain using Ethereum main network and stored in a decentralized way. This will help investors to invest in emeralds in a much easier way on blockchain.
Hence, by holding GEMERA tokens, investors hold at the same time the value of the emeralds that come directly from Colombian emerald producers and are stored in secure vaults. In that way, no intermediaries are needed, which translates into benefits for both, investor and producer: the first one gets incentives of around 20% of bonuses during the Token Generation Events (TGE), available also for small investments, and the producer receives up to 15% more, based on the retail price.
Gemera and Colombian Emerald Tokenisasi
Gemera is a good example of the new tendency of asset tokenization. The project has the aim of strengthening Colombia's emerald production chain by connecting more directly producers and investors through the issuance of crypto-tokens supported by Colombian emeralds.
In this way, it is possible to eliminate intermediaries and procedures, which allow producers to gain more from the sale of their products, and investors to hold tokens managed by blockchain that represent emerald value, with additional benefits that can be used as a store of value, traded in exchange or exchange for the emeralds they represent.
In other words, Gemera is a tokenisation project that will turn Colombia's emerald industry better and will give investors a more democratic, transparent and accessible way to invest in rare and desirable assets such as mythical green gemstones.
Token and ICO
The tradeable token used in Gemera’s ecosystem is the Gemera token. The Gemera token is backed by 100% Colombian Emeralds and based on Ethereum ERC20. Such Emerald stones are determined by Gemera experts to ensure quality and value to all Emerald assets to be stored in physical vaults and ready to be redeemed by token holders.
The marketplace is where is where investors or token holders get to exchange their Gemeras in to its corresponding Colombian Emeralds. Through Gemera’s utilization of the Blockchain Technology, all information of the Colombian Emeralds will be stored in the blockchain and made only accessible to concerned parties. This increases transparency to the Emerald market that the traditional is not capable of doing so.
Gemera Token Sale Details
Token: GEMA
PreICO: Price 1 GEMA = 1 USD
Platform: Ethereum
Soft cap: 500,000 USD
Hard cap: 30,000,000 USD
Country: British Virgin Islands
Roadmap
The Team
Jorge Pelaez – CEO– He’s a serial entrepreneur and a founder of projects in the IT industry with having broad experience in IT and Project Management. He’s also an angel investor, crypto enthusiast and Ethereum adopter.
Nicolas Revollo – CTO – He’s a serial entrepreneur with having 15 years of experience in IT industry. He’s also having experience in the knowledge of blockchain technology and networking. Also, a Co-Founder of Alko, which is an ERP services company operated since 2007.
Nataly Leon – COO – She’s a CEO of Vetas Sierra Alta, a company owner of the emerald mine Las Pavas, one of the sources of the highest quality emeralds in the world. She’s an Environmental Engineer, with ten years of experience in management of environmental projects in the emerald sector.
To get the latest updates on this ICO, visit their official social media pages and view their website and whitepaper.
Website: https://www.gemera.io/
Whitepaper: https://src.gemera.io/src/GemeraWhitePaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4789620
Twitter: https://twitter.com/GemeraProject
Facebook: https://www.facebook.com/GemeraProject
Telegram: https://t.me/GemeraProject
Medium: https://medium.com/@gemeraproject
Reddit: https://www.reddit.com/r/GemeraProject/
My profile Link: https://bitcointalk.org/index.php?action=profile;u=1661797
Eth Wallet: 0x3Ab62B077fBebCfF83EFa8fBF48E50f54dDA1A89