Gems (GEM) ICO Review

Decentralized Mechanical Turk

  • Token:GEM
  • ICO start: 30. Jan 2018
  • ICO end: 1. Feb 2018

Official WebsiteWhitepaper

Technology: Ethereum blockchain

Gems ICO Short Review

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.Gems is designed to disincentivize malicious actors and reward fair players. The Gems Protocol is comprised of a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. The GEM token, a multi-utility token, fuels the Gems Protocol. Gems uses its token mechanism to enforce the behavior of all participants, instead of being regulated by a single operator.

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