“What we have right now is a very inclusive business model. The company said the LYKA GEM is the “first paperless, contactless, and seamless” social gift card in the world.īy operating in an inclusive business environment, Mamasabulod said Lyka merchants can use the LYKA GEMS to buy goods and services. When a user rates someone and does anything using the app, he or she will earn certain points or the G-iftcard in Electronic M-ode (GEMs). “With LYKA, we value the time spent by our users and at the same time make them feel good,” he said. Unlike the other traditional social media platforms, Mamasabulod said LYKA is the only app that gives opportunities to users to earn while using the app. With an estimated population of 110 million and 76 million of which are active on social media, Mamasabulod said the country is a perfect platform to determine whether an app can fail or succeed. The Ryan Baird-led LYKA, which actually started in Silicon Valley, said it is excited about the Philippine market. “We’re planting the seeds right now in those areas,” he said. He said LYKA will embark on an expansion program with a focus on the Visayas and Mindanao because its strong growth potentials. He also stressed LYKA is eager to show to its merchants that the company is a responsible business organization that aims to help local small and medium enterprises (SMEs) to grow. Mamasabulod said LYKA wants to restart operations to enable its more than 28,000 Filipino merchants to resume their business activities. Everything is being processed and we are trying to fulfill all of the requirements of the BSP,” said Francis Hussein Mamasabulod, head of strategic commercial partnerships at Digital Spring. “Right now, LYKA is cooperating with the central bank for the approval of its OPS. Gems are under circulation, with total supply of 8B and the Maximum supply of 0.This is according to a top official of Digital Spring, the official marketing arm of LYKA in the Philippines during an interview over the weekend at online tech show TechSabado. The volume were at ₱1,035,375.09 PHP Gems ranks no 4010 in the market capitalization of Gems is at 0 and its volume for 24 hours is ₱1,035,375.09. Gems's market cap currently sits at 0 PHP, holding up for a market cap rank at #4010. GEM to PHP price today is ₱0.00383, which is Up by 1.29% over the last 24 hours. You can convert and check any crypto pairs like GEM to WLD, GEM to XRP, GEM to XBALD, GEM to YGG, GEM to CAKE, GEM to SHIB, GEM to PEPE, GEM to BTC. Would you like to know how many cryptocurrencies 1 GEM is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. The given all are fiat currency and the most widespread pairs in the market. Today, almost every fiat currency has been paired with the GEM, including GEM to PHP, GEM to INR, GEM to NGN, GEM to THB, GEM to CAD, GEM to PKR, GEM to IDR, GEM to EUR, GEM to AUD, GEM to BDT and many more in the queue. GEM considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. dollar or Japanese yen) or using them as payment for goods and services, Gems can be earned or received in various ways. By exchanging GEM against fiat currencies (such as the U.S.
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