GEMERA

UPIK05

INTRODUCTION

Investing in Colombian emeralds is becoming more popular, due to their unique characteristics, beauty and scarcity. There are more than USD 10 billion in Colombian emeralds in the market. Currently, 5 to 10% of the yearly production is used for investment purposes, and it is expected to grow up to 50% in the coming years.

GEMERA is made up of a group of entrepreneurs and reputable emerald producers who work together to drive innovation in the Colombian emerald industry.The project provides a crypto-token backed by Colombian emeralds that applies blockchain technology to create tokens that can be used for investors as a store of value or as a tradeable digital asset.GEMERA is also compromised on the development of social and environmental projects carried out in the emerald extraction process and the communities around the mines.

PROBLEM

There is a long process that an emerald goes through the value chain from its discovery in Colombian mines to the final holder, which derives in several problems for both the investors and the producers, as specified below:

Problems on the Investor’s Side

High prices.
Investing in emeralds can be complicated and risky without and adequate knowledge about them.
Partial and small investments are not possible.
Lack of trust on the emeralds origin.

Problems on the Producer’s Side

Receive less than 35% of the final customer retail price due to many intermediaries.
Difficulty to expand to new markets.

SOLUTION

Through blockchain technology, GEMERA is not only making the emeralds more accessible to the buying public, but also is transforming the emerald industry for the better.

GEMERA will offer a crypto-token backed 100% by Colombian emeralds, which will be stored in security vaults. As well, the Project introduces a marketplace using decentralized technologies to exhibit all the information about the characteristics, certification, pictures and video of the emeralds, including audit results and the safe deposit box company location where they are stored.

In that way, GEMERA connects investors and producers and offers a more easy, democratic, transparent and accessible way to invest in this type of asset.

FEATURES GEMERA

World-Class Asset

Colombian Emeralds are an excellent store of value due to their beauty and scarcity.

100% Backed

GEMERAs are fully backed by Colombian Emeralds, stored in secure vaults.

Blockchain

Gemera Token and Marketplace are based on Blockchain.

Profitability

No middleman. Very limited supply. 20x scarcer than diamonds.

Tradeable

GEMERAs can be tradeable in exchanges or transferred instantly to compatible wallets.

Redeemable

GEMERAs can be redeemed for emeralds through the project’s marketplace.

Transparency

Certification

Specialized gem laboratories certify the emeralds.

Audit

Emerald stock is subject to an annual audit, performed by a third party company.

Decentralized Marketplace

Blockchain-based marketplace platform to store information of the emeralds in stock.

Colombian Emeralds

Emeralds are excellent as a store of value due to a set of different factors: physical attributes, scarcity and even the historical background. The most famous come from Colombia, which has dominated the international trade for almost five centuries.
Colombian emeralds stand out for their perfect saturation, unique shine, and vivid color.
The environmental footprint of emerald mining is lower in comparison to other types of mining, because it is a manual process, and no mercury or cyanide is necessary for it.

ICO Details

General information

Token : GEMA

Platform : Ethereum

Standard : ERC20

Price : 1 GEMA = 1 USD

Payment : ETH

Soft cap : 500,000 USD

Hard cap: 30,000,000 USD

Pre ICO

Quantity: 12,000,000 GEMA

Start : 10/09/2018

Completion: 10/24/2018

ICO

Quantity: 50,000,000 GEMA

Start: 10/25/2018

Completion: 12/12/2018

FUNDS ALLOCATION

3% BOUNTY

12% MARKETING

50% EMERALD PRODUCERS

12% FOUNDERS AND ANGEL INVESTORS

3% ENVIRONMENTAL AND SOCIAL PROJECTS

5% ADVISORS

15% WORKING CAPITAL

ITO DISTRIBUTION STAGES

STAGE DATE TOKENS LIMIT BONUS

PRE-SALE Sep 10 – Oct 24 2.000.000 20%

10.000.000 15%

PUBLIC SALE Oct 25 – Dec 12 20.000.000 10%

30.000.000 0%

GEMERA is a token based on Ethereum ERC20 standard and has the following features:

GEMERAs can be traded in exchanges.
GEMERAs can be used as a store of value.
GEMERAs can be transferred to compatible wallets.
GEMERAs can be redeemed for physical emeralds.

Token Generation Event Process

A Token Generation Event (TGE) is open during a period, where an amount of GEMERAs is offered and ready to be acquired by investors. Once the TGE closes, the project starts a process of selection, certification, assessment, transport, and storage of emeralds to back the sold tokens. The selected emeralds are then exposed onto GEMERA´s marketplace (http://market.gemera.io). The total value of the emeralds will be coincident with the value of the issued tokens.

Redemption

The redemption is the process whereby the GEMERA holders can redeem their tokens for the emeralds that back them. This period takes place once a year and the date is announced to the token holders with enough notice.

The redemption process is composed of the following steps:

Know Your Customer (KYC)/Anti-Money Laundering (AML): GEMERA verifies that the token holder fully complies with the KYC/AML procedure.
Selection: The GEMERA holders select the emeralds they desire to purchase depending on the amount of GEMERAs they want to redeem.
Transaction: The token holders send the required amount of GEMERAs to a buying address previously addressed by GEMERA.
Delivery: The emeralds can be delivered by secured mail (the redeemer will cover this cost) to the country of residence of the token holder. In this case, the redeemer must consult the local tax office to see what import duties and/or VAT are required.Also, the redeemer can collect the emeralds directly in the safe deposit box
company where they are stored. Some countries have restrictions to import loose gemstones.
Disposal: The redeemed tokens are destroyed virtually, in order to keep the balance between the tokens in circulation and the total value of the stored emeralds.

GEMERA charges a fee of 3% over the tokens to be redeemed to process the redemption.

ROADMAP

2017 Q2 Concept of the idea of the study of Emeralds of Colombia feasibility of the project

2017 Q3 Creating a partnership with emerald manufacturers development of financial structure and business model set up a command

2017 Q4 Building the emerald evaluation Process Smart contract, Web page and market development

2018 Q1 Publication of the White Paper certification, assessment, delivery and storage of the first batch of emeralds

2018 Q2 Plan your marketing strategy fundraising campaign

2018 Q3 Private token creation event execution of the marketing strategy of the pre-token generation event

2018 Q4 Public token generation event Exchange integration include new members in the Gemera command

2019 Q1 Certification, valuation, transportation and storage of emeralds to return all tokens issued on the first token generation event.

2019 Q2 Integration with new exchanges development of the repository of Blockchain certificates of Emeralds and audit reports

2019 Q3 Audit of stored Emeralds maturity Gemera The second token creation event.

2019 Q4 Corporate Social Responsibility Report certification, assessment, transportation and storage of emeralds to support all tokens issued during the second token-creation event.

2020 + Annual general token generation events up to 2029 year.

TEAM

Jorge Pelaez

CEO – Founder Team

Nicolas Revollo

CTO – Founder Team

Nataly Leon

CTO – Founder Team

Danny Arteaga

CMO

Dimitry Fedotov

Business Development

Laura Barrera

Creative Director

Iaroslav Borshch

Full-Stack Developer

Alejandro Baracaldo

Blockchain Developer

Adviser

George Kimionis

Founder and CEO at Coinomi

Ian Scarffe

Blockchain Expert and Serial Entrepreneur

Gabriel Zanko

Blockchain Investor-Advisor

Philippe Boland

Co-Founder of Token Partner

Edwin Molina

President at Colombian Emerald Producers Association

Rodrigo Giraldo

CEO at RG Gem Lab

Victor Borrero

Chief Information Security Officer

Camilo Florez

Researcher

More Information Contact :

Website : https://www.gemera.io/

Whitepaper : https://src.gemera.io/src/GemeraWhitePaper.pdf

Twitter : https://twitter.com/GemeraProject

Telegram group : https://t.me/GemeraProject

Medium : https://medium.com/@gemeraproject/

Reddit : https://www.reddit.com/r/GemeraProject/

Github : https://github.com/GemeraProject

Author : Upik05

BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4