Gems ICO: What? Why? Who? When? How? Where?
Only 2 days left to register for the whitelisting!
I’ll give you a quick update on what Gems is and how you can participate.
What is Gems?
“Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers."
Source: Whitepaper
Introduction video:
Why is Gems necessary?
“Micro tasks are used in a wide range of large scale distributions, whether by machine learning researchers to gather structured labeled data for training purposes, or by large companies, such as Facebook, Google, Twitter, Ebay, and Linkedin, to refine their production ready solutions and provide further model training. Billions of micro tasks are completed each year. The Chinese government alone uses 2 million micro task workers to aid in censoring the internet.”
In summary, the Gems Network addresses the following:
- Removing the middleman taking a large fee
- Verifying accuracy of results from crowdsourced tasks
- Supplying and building reusable interfaces
- Removing the need for existing banking infrastructure
- Properly incentivizing and disincentivizing miners and requesters
Source: Whitepaper
Who is working on Gems?
When can I participate in the ICO?
The pre-sale metrics will be announced over the next few weeks, and the Gems Community form must be filled out by January 8th. Please stay active in the Gems Telegram for further updates.
How can I register for whitelisting?
1 Join the Gems Telegram. Demonstrate that you will use the Gems Protocol and contribute to its ecosystem.
2 Help them grow: Share the Gems mission with others who can use the Gems Protocol. The possibilities are endless —but here are a few:
a) invite people to the Gems Telegram
b) write a blog post
c) make a youtube video
d) drive constructive discussions in the Telegram and beyond
e) your own innovative idea
3 Let them know how you helped in this quick form.
https://gemscommunity.typeform.com/to/BshuJE
Source: Blog
Where can I find more information?
Twitter
Website
Telegram
WhitePaper
Blog
thanks very good your explanation
Thought I'd give a quick headsup and introduction. Thanks for reading
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://blog.gems.org/gems-introducing-the-gems-community-program-750264520cc6
Interesting
I will follow you to see your future posts! +upvote
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