Well maybe they should stop the sale now that they won't be spending the next 6 months hiring developers to make the android app?..1700 bitcoins should do the trick, No?
"This isn't changing their concept, it's using already proven and developed code for the messaging infrastructure, everything else needs to be made from scratch (built in wallet (which will be first mobile Counterparty wallet) reward & airdrop systems, anti-spam filters, the advertising platform, etc). There is a lot more to the project than just the core messaging protocol."
Let's be clear you HOPE to be the first. SENDIT is developing a very similar concept, messenging with wallet, Telegram in fact so GEMS lost a lot of shine in some people's eyes suddenly.
Gems offer revolutionary features no one else is currently developing:
- built in counterparty mobile wallet: to enable transfer of value in addition to communications.
Initially users will be able to send each other only BTC and GEMS, however as development progresses we are likely to expand the wallet functionality based on the preference of our user base. Counterparty is the most advanced "bitcoin 2.0" platform with a solid development team and user growth (
http://counterparty.io/news/). The recent announcement by Overstock.com (
http://www.overstock.com/) that they will utilize the Counterparty platform (
http://counterparty.io/) for asset trading highlights that we made the right decision.
- Reward and Airdrop system to reward users: to enable users to profit from using and promoting the application, incentivizing viral growth
GEMS is aimed towards the common user who doesnt have a crypto currency background. Since GEMS are rewarded for network contribution, these users will own GEMS just from operating within the network. The value of social networks is tied directly to the number of active users. In a fair model, if users bring the value to the network, they should also be rewarded according to their contribution.
- powerful advertising platform with anti-spam filters: to effectively solves the spam problem in communication networks and allows users to finally publish their hashtag openly without fear of receiving uncontrolled amounts of unsolicited messages. Creating attention rewards economy model.
The top monetization tool for social networks is targeted ads. Giants like Google and Facebook derive the majority of their revenue from ads. Potential advertising models for Gems:
https://bt.irlbtc.com/view/758004.msg9017388;topicseen#msg9017388