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Gem to roll out all-in-one cryptocurrency platform

Gem, a cryptocurrency and blockchain startup, has announced an all-in-one cryptocurrency platform with the aim of bridging the gap between early adopters and mainstream users.

The key objective is to enhance consumer experience with a broad range of new apps and services that go beyond wealth management. The platform will provide users with a complete view and control of all their digital assets, a crypto wallet, and a consumer-friendly, design-centric approach. It will also provide timely and relevant information about tokens, and a gateway to the broader cryptocurrency community through a variety of features, including social media tools.

“We want to make it easier for people to be better informed about their choices in the space and really understand what they are investing in,” said Micah Winkelspecht, founder and CEO of Gem. “It’s about giving power back to individuals and giving them direct access to the new distributed economy.”

According to the official release, the platform will begin rolling out with a universal cryptocurrency portfolio, which will launch in public beta next month. Initially, the portfolio will integrate with 22 cryptocurrency exchanges, while allowing users to manually track tokens held offline outside exchanges, such as in hardware wallets.

Gem said that it is expanding the platform to include a universal token wallet that will simplify holding and trading cryptocurrencies. Initially, the Gem wallet will support Bitcoin, Ether, and any other ERC-20 tokens, with plans to rapidly add support for other tokens.

The platform will also include built-in trading tools which will make it easier for consumers to securely buy and sell tokens within the wallet. Furthermore, a discovery tool will enable consumers to explore, track, and research more than 1,500 cryptocurrencies to help them make informed decisions.

According to Winkelspecht, a design-centered approach will help remove the barriers to entry and allow the industry to scale rapidly.

“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.”

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