"Gem wants to be the last cryptocurrency app you ever need. On Thursday, the Los Angeles-based veteran blockchain startup revealed its new smartphone offering that provides complete control over assets, offers a single unified wallet, and packages it in an easy-to-use setup.
“People shouldn’t have to compromise between having a great user experience and taking control of their digital identity,” Micah Winkelspecht, founder and CEO of Gem, said in a statement. “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.”
The platform starts with a universal cryptocurrency portfolio that will launch in May as a public beta for Android. Instead of managing a variety of exchange and wallet apps, the app will use the exchange’s application programming interface to show an overview of a user’s holdings, starting with 22 at launch and expanding from there. The platform also includes a discovery tool to research over 1,500 cryptocurrencies and decide on investments. In the summer, the team will launch an iPhone version as well as a universal wallet that will initially support Bitcoin, Ether, and the ERC-20 token.
In many ways, it’s reminiscent of the highly intuitive Coinbase app, which shot to the top of the iPhone app store during the mid-December hype around Bitcoin’s rise to prices of nearly $20,000 — a surge that caused the servers to crash. Coinbase’s simplicity, which propelled it into the public eye, has sparked a new wave of consumer-friendly products.
With the cryptocurrency market recovering from its four-month slump, Gem may launch at the ideal time to capitalize on a similar gold rush to the one that boosted Coinbase."
To see the full article, visit this link. https://www.inverse.com/article/43904-gem-all-in-one-portfolio-app-cryptocurrency
To join the waitlist for the app, visit this link. https://gem.co?referral=H1mGzIU3f&refSource=copy
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