GEMERA – A Blockchain Solution for Colombian Emeralds Investment
Overview:
The demand for Colombian Emeralds is going up day by day due to its their unique characteristics, beauty, and scarcity. Currently the Colombian Emerald production industry is worth millions of dollars. Such industry is attracting many investors; however, many people find it difficult to invest as they lack the knowledge of the characteristics of the emeralds and their value in the market. Also, there are many intermediaries present between the mines and the final customer which automatically increases the investment cost for the customer.
GEMERA project is trying to solve these problems using blockchain. It will directly connect the producers and final customers thus lowering the investment cost. The decentralized platform will also store information about each gemstone which will help investors to take investment decisions.
Problems:
There are many challenges faced in the Colombian Emerald production and investment industry. Investors are unable to take proper investment decisions due to lack of trust and lack of knowledge in this sector. The investment requires huge amount and therefore investors are not able to do partial and small investments.
The producers get less profits due to presence of many intermediaries in the process. Due to this they are also enable to expand in new markets.
GEMERA’s Solution:
GEMERA is solving all the above problems with the help of blockchain. By holding GEMERA tokens investors can get the opportunity to invest in Colombian Emeralds who have the same value. The decentralized platform is connecting the producer and customer directly thus removing all the intermediaries.
GEMERA will provide necessary all the criteria to assess and determine the quality of the emeralds to the investors. Thus, the investors can 100% rely on this information as this project has worked with gemologists and experts in fine Colombian emeralds to develop the platform. The platform also allows the investors to carry out partial and small investments.
The GEMERA tokens will be stored in a vault for the users. These tokens along with the investing in Colombian Emeralds can also be used for trading in exchanges. Users can also transfer theses tokens to their compatible wallets.
Team:
Jorge Peláez - CEO
A serial entrepreneur. Founder of projects in the IT industry with broad experience in IT and project management. He is as well an angel investor, a crypto enthusiast, and an early Ethereum adopter. He is also committed to evangelizing about IT and blockchain technology.
Nicolás Revollo - CTO
A Serial entrepreneur, with 15 years of experience in IT. He possesses advanced knowledge of blockchain technology, IT infrastructure and networking. He has also worked on the position of IT Manager for important companies. He is the co-founder of Alko, an ERP services company which has operated since 2007.
Nataly León - COO
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 is an Environmental Engineer, with ten years of experience in management of environmental projects in the emerald sector.
Token Matrix:
Token – GEMA
Total Supply – 30 Million GEMA
Price – $1 USD
Soft Cap – $500,000 USD
Hard Cap – $30M USD
Pre-Sale – 10th September to 24th October 2018
Crowd Sale – 25th October to 12th December 2018
Verdict:
Pros:
• The project has good social media hype as it has around 900+ members on Telegram and around 2000+ followers on Twitter.
• The team behind the project has experience in fields like IT, Environmental engineering, marketing, blockchain etc.
• There are 7 advisors for this project who have different backgrounds like blockchain, ICO, fintech, foreign trade, computer security etc.
• The whitepaper and roadmap consist of detailed information about the project.
• The Project has partnered with CUNAS Colombian Emeralds, CoinMercenary, ICOADM.IN, COEXMINAS etc.
• The MVP of the GEMERA market place is available on the website.
Cons:
• The core team and advisors should include more members having experience in blockchain.
Website: https://www.GEMERA.io/
Whitepaper: https://src.GEMERA.io/src/GEMERAWhitePaper.pdf
Telegram: https://t.me/GEMERAProject
Twitter: https://twitter.com/GEMERAProject
ANN Thread: https://bitcointalk.org/index.php?topic=4798641
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c