Gem, found online at Gem.co, is a multi-functional cryptocurrency platform that helps you manage your digital assets. Find out how it works today in our review.
What Is Gem?
Gem is an all-in-one cryptocurrency platform that aims to help anyone confidently manage their digital assets “and experience the new economy to the fullest,” explains the official website.
In more straightforward terms, Gem aims to launch a universal cryptocurrency wallet. That wallet would allow you to easily hold multiple cryptocurrencies in a single platform. There’s no need to manage your BTC from a bitcoin wallet and your ETH and ERC20 tokens in another wallet.
Gem was announced in April 2018. A public beta is scheduled to be released in May 2018.
How Does Gem Work?
Gem is an all-in-one cryptocurrency management platform. The goal is to create a platform that lets users easily manage their cryptocurrencies – regardless of what you’re holding. You can track your portfolio over time, check the value changes over the last 24 hours, and view your specific holdings of each currency.
Gem can function as a wallet. You can store your cryptocurrencies within the Gem platform while maintaining ownership of your private keys. However, you don’t need to store your cryptocurrencies within the wallet to enjoy its tracking features. You can use read-only APIs to link with your crypto exchange accounts, for example, and allow Gem to track your funds in real-time. Gem supports this functionality for 20+ major cryptocurrencies exchanges. You can also input crypto holdings held in offline cold storage.
The wallet function of Gem lets you hold, send, receive, and trade cryptocurrencies in one secure, easy-to-use universal wallet. You have a key you control, and everything in your Gem wallet automatically shows up in your portfolio.
What else does Gem offer beyond price tracking and a wallet? The platform also has an investment platform where you can make informed decisions. You can discover, track, and research cryptocurrencies to make informed investment decisions. Discover which assets are popular and track your favorites.
Gem supports 1,500 digital assets in total.
Who’s Behind Gem?
Gem was founded in 2013 by entrepreneur Micah Winkelspecht, who is also the CEO of the company. The company’s About page describes Micah as a “cryptocurrency and blockchain pioneer”. Gem is based in Venice, California.
The team includes a group of blockchain and cryptocurrency engineers who previously worked for companies like Philips, Mercer, Capital One, and Toyota.
Prior to founding Gem, Winkelspecht served as a consultant or senior developer for a number of California-based companies. He’s a graduate of the University of Southern California’s Marshall School of Business.
Other listed members of the team include Chitra Ragavan (Chief Communications Officer), Siva Kannan (VP of Engineering), and Linda Souza (VP of Marketing).
In a press release, Winkelspecht explained why he was motivated to launch cryptocurrency portfolio management services through Gem:
“I look at Gem’s role in the ecosystem as being the trusted companion connecting a user to this new world. People shouldn’t have to compromise between having a great user experience and taking control of their digital identity,” he said. “As an industry, we need to bridge the gap between the early adopters and their needs and the majority mainstream audience. We need to deliver a better user experience.”
Gem is an all-in-one cryptocurrency management app that offers portfolio tracking and wallet services. You can use the app to track 1500+ cryptocurrencies. You can connect the app to 22+ cryptocurrency exchanges or manually input funds held in cold storage. You can also store funds directly within the app and allow Gem to function as your wallet.
The company announced its Gem platform in April 2018 and they’re preparing to launch their beta in May 2018. To learn more about Gem and how it works, visit online today at Gem.co.