The presale of the Gems token Gemz has reached over US$500,000 in less than 2 weeks, demonstrating the growing interest in monetizing Social Media using peer-to-peer technology. The Gemz presale is the first project to be hosted on Koinify.com
According to College Cryptocurrency Network Executive Director, Jeremy Gardner:
The College Cryptocurency Network wasfounded with the purpose of creating a grassroots movement for blockchain education, innovation, and advocacy. We are excited to partner with a company with such a similarly aligned mission of grassroots adoption. Gems will provide an excellent gateway for young people interested in cryptocurrencies to gain access in an intuitive manner by sharing messaging with their friends.
Let’s Talk Bitcoin developer, Devon Weller is building web applications that use the Counterparty protocol. When asked why he purchased Gemz Weller stated,
I find Gemz intriguing because it is an infusion of cryptocurrency, user empowerment and mass market appeal. Innovative projects like Gemz are on the forefront of the coming wave of decentralized applications.