Introduction
Gemera project is connecting an Emerald Industry with the Blockchain Technology. They are combining a group of entrepreneurs and reputable emerald producers who work together to drive innovation in the Colombian Emerald Industry. Currently, Colombian emeralds are becoming popular because of their unique beauty and scarcity. The mining of emerald is lower in comparison to other types of mining because of its manual process. They are eliminating the intermediaries process in an emerald production where investors are getting helped through the blockchain technology. Nowadays, investing in emeralds is a difficult decision because of several factors like – investments involves a transaction of thousand of dollars, lacking in the knowledge of the characteristics of the emeralds and their value in the market.
So, Gemera is transforming the traditional investment market into fairer and transparent by connecting investors and emerald producers under the blockchain technology.
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.
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.
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
Social Media Reach
Facebook – 9.8k+ Followers – https://www.facebook.com/GemeraProject
Twitter – 2.5k+ Followers – https://twitter.com/GemeraProject
Telegram – 950+ Members – https://t.me/GemeraProject
Verdict
The Social Media hype is low, but they are very much active on their Telegram Group.
The Website and Whitepaper both explained in detail and easy to understand the project.
There are 8 core members in the leadership team who are having expertise in Graphic Designing, Developer, Digital Marketing, Marketing, PR, IT and Blockchain Technology.
They have 7 advisors on board who are having expertise in Programming, Computer Security, Jewellery Design, Researching and Blockchain Technology. Some of them having working experience in emerald industry in Colombia.
The Roadmap is well-explained in detail on the website with their milestones till 2020. The MVP is available on the website as a Marketplace.
They have partnered with Cunas Colombian Emeralds, Coin Mercenary, All Max, ICO ADM, Malca-Amit, Coexminas and Token Partner.
For Detailed Information
Website – https://www.gemera.io/
Whitepaper – https://src.gemera.io/src/GemeraWhitePaper.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=4798641
Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392
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https://src.gemera.io/src/GemeraWhitePaper.pdf