Gem To Launch All-In-One Crypto Investment App
Gem will launch a comprehensive platform that will allow users to track, store, trade and discover cryptocurrencies in one app.
Gem said it’s all-in-one, user-friendly solution will “bridge the gap” between veteran crypto users and industry newcomers. The platform was officially unveiled on Thursday, the 19th day of April, 2018. Gem is a Blockchain startup.
Gem CEO Micah Winkelspecht told Coindesk, “Since the beginning of the company, we’ve been trying to achieve a simple goal which is to push the decentralized movement forward to put more control and power in the hands of individuals,”
“We felt at this time in the market that we could make the biggest impact in the shortest timeline by going directly to the consumer to solve the problems we experience in the cryptocurrency market.”
The company intends for the portfolio component of its platform to act as a “single entry point” for crypto investment management, initially integrating with 22 exchanges. Scheduled for public beta release in May, it will also allow users to manually track tokens held offline in hardware wallets.
The introduction of Gem token wallet will provide users with the ability to hold and trade bitcoin, ether and all ERC-20 tokens. Support for other cryptocurrencies will be added following the wallet’s launch.
Gem will also seek to connect users with the wider crypto community through its “discovery tool,” which will provide information about 1,500 tokens.