ICO Review: Gems

Gems is a blockchain technology with the aim of revolutionising the way in which  microtasks are performed in order to benefit both the people setting the  tasks and the people performing them.

Microtasks

A  microtask is a simple task that requires human judgement. These tasks  can be assigned and completed over the internet for a small amount of  money. Companies offering this service include Amazon and Crowdflower.

How is it better

Currently,  all the platforms which offer microtasks are owned by corporations who  take a large percentage, also each task is solved by multiple workers in  order to ensure that they are completed correctly. With Gems, all tasks  will be decentralised so there is no middleman between task setters and  task workers. Furthermore, the protocol allows workers to gain trust  which helps eliminate the need for tasks being completed more than once.

People

The two co-founders of the project, Rory O’Reilly and Kieran O’Reilly previously founded gifs.com  which is a video editing and AI site used by some fairly large  international companies, both were recognised by Fobes in their 30 under  30 list.They have some pretty impressive advisors as well including the co-founder of Twitter and Medium and the co-founder of Augar which is a prediction market built on Etherium.

Conclusion

This  looks to be a very promising project and I will be investing without a  doubt. It uses the blockchain for a clear purpose and solves a real  issue that I have been aware of when completing microtasks. It has a  strong team although not quite as much experience with crypto as I would  like.Thanks for reading.