About DAI and GFT
Dai is climbing, while Gifto is falling this week. The current DAI to GFT conversion rate is 48,408.28. Inversely, this means that if you convert 1 GFT you will get 0.00002066 DAI. The conversion rate of DAI/GFT has increased by 0.04% in the last hour (GFT/DAI decreased by 0.04%). In the last 24 hours, DAI/GFT grew by 12.88%, while GFT/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 48,408.28 GFT. In other words, to buy 5 Dai, it would cost you 242,041.41 GFT. Inversely, 1 GFT would allow you to trade for 0.00002066 DAI while 50 GFT would convert to 0.001033 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.67%. Meanwhile, in the last 24 hours, the rate has changed by 11.42%, which means that the highest exchange rate of 1 DAI to GFT was 48,438.40 GFT and the lowest 24 hour value was 1 DAI for 42,157.69 GFT. Last month, 1 DAI was worth 30,142.75 GFT. Today, it's up 37.73%. Looking back a year, Dai has changed by 55.43 GFT. That means that in a single year, the value of Dai has grown by 99.89%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Gifto Market Stats
Gifto as a network protocol, is a brainchild of Andy Tian, the co-founder and CEO of Asia Innovations Group (AIG). The team at AIG comprises of crypto-technology and blockchain enthusiasts. Andy saw potential in designing a decentralized network powered by the Ethereum blockchain to fix the current broken content monetization model with a better model. Most people introduced to the global content industry will identify the following problems with the current model: The Gifto network was launched in December 2017 and has been tested along with AIG’s flagship product, Uplive. Uplive is a live streaming mobile application with over 20 million users. An official Gifto report in February 2018, stated that Gifto featured in the top 10 traded cryptocurrencies by volume. The universal blockchain-based virtual gifting protocol has not only bridged the gap between content creators and the audience but has also introduced a way to acknowledge and reward the content creators. Besides monetizing decentralized content, it has revamped the modern creator-audience relationship. It has already received support from a number of large institutional investors including KPCB and Wicklow Capital. This can only be seen a positive for Gifto as it proves that the idea has been scrutinized and accepted by a fairly large number of people.
Conversion tables
DAI to GFT values from Today at 4:50 pm
0.5 DAI = 24,204.14 GFT |
1 DAI = 48,408.28 GFT |
5 DAI = 242,041.41 GFT |
10 DAI = 484,082.81 GFT |
50 DAI = 2,420,414.07 GFT |
100 DAI = 4,840,828.14 GFT |
500 DAI = 24,204,140.70 GFT |
1,000 DAI = 48,408,281.40 GFT |
GFT to DAI values from Today at 4:51 pm
0.5 GFT = 0.00001033 DAI |
1 GFT = 0.00002066 DAI |
5 GFT = 0.0001033 DAI |
10 GFT = 0.0002066 DAI |
50 GFT = 0.001033 DAI |
100 GFT = 0.002066 DAI |
500 GFT = 0.01033 DAI |
1,000 GFT = 0.02066 DAI |
DAI to GFT over time
DAI | Today | 24H 11.42% | 1M 37.73% | 1Y 99.89% |
|---|---|---|---|---|
0.5 DAI | 24,204.14 GFT | 21,440.64 GFT | 15,071.38 GFT | 27.72 GFT |
1 DAI | 48,408.28 GFT | 42,881.28 GFT | 30,142.75 GFT | 55.43 GFT |
5 DAI | 242,041.41 GFT | 214,406.41 GFT | 150,713.75 GFT | 277.17 GFT |
10 DAI | 484,082.81 GFT | 428,812.81 GFT | 301,427.51 GFT | 554.34 GFT |
50 DAI | 2,420,414.07 GFT | 2,144,064.07 GFT | 1,507,137.53 GFT | 2,771.68 GFT |
100 DAI | 4,840,828.14 GFT | 4,288,128.15 GFT | 3,014,275.06 GFT | 5,543.37 GFT |
500 DAI | 24,204,140.70 GFT | 21,440,640.74 GFT | 15,071,375.31 GFT | 27,716.84 GFT |
1,000 DAI | 48,408,281.40 GFT | 42,881,281.49 GFT | 30,142,750.62 GFT | 55,433.67 GFT |
Frequently asked questions
Right now, 1 Dai is worth about $0.999.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Stellar Lumens, Bitcoin Cash, and Chainlink. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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