We are Building WeChat on Steroids - Stefano Virgilli, Market Space CSO

Market Space is an extension built on the Gem4Me messenger launched back in 2014. It works similarly to WeChat but features much more efficiency and functionality, as it is based on blockchain and integrates smart bots and artificial intelligence, which allows anyone to build an online store with a couple of clicks and start marketing their goods and services to Gem4Me users.

Currently, there are 5.5 million users in sixty countries, though the customer base is expected to grow exponentially as the lion's share of the financing raised through ICO will be channeled for market acquisition purposes.

"The goal of the ICO is to attract $70 million, the largest part of which will go into market acquisition. And with the market acquisition, we plan to drive the momentum of consumer adoption. In Asia we are targeting 12 million users, but globally we are targeting 32 million users in the next 12 months," Stefano Virgilli explained.

Market Space aims to be a multi-functional one-stop-shop solution to satisfy people's everyday needs. It helps users find restaurants nearby, order food, hire a taxi, listen to music, watch video content, and do a lot of tiny things that can make our lives a bit easier - all in one app.

Speaking about the distinguishing features of the platform, Market Space CSO Stefano Virgilli said:

"Certainly, the idea of making e-commerce accessible to anyone in the world and in a fast way is something that is not new. But what is new about Market Space is that you can also sell services directly on Market Space, you can sell products on Gem4Me and Market Space, but also you can make payments in cryptocurrencies, and you can also trade cryptocurrencies directly on Market Space."

As Mr. Virgilli explained, at this stage Gem4Me functions as a messenger, while the Market Space application is going to be developed with the ICO to become "WeChat on steroids."

Apart from standard marketplace features, Market Space will offer accounting and business analytics services such as invoicing, and following up with the payment.

Artificial intelligence technologies will allow customers to see only relevant goods and services, which is something new in the market where existing platforms make recommendations based on the previous searches of the customer.

If you are interested in the project, visit the official website to get more information, or subscribe to the news updates on Twitter or Telegram.